Market news

2:19 PM

Bitcoin price flirts with $11000

Bitcoin price consolidates on Monday following another stunning rally throughout the weekend. On Friday Bitcoin price remained below $10000 but it surged...

2:01 PM

S&P 500 opens near ATH, Bristol-Myers Squibb sinks

Summary: - Trump once again targets Federal Reserve via Twitter - US500 launches session higher but Friday’s candlestick hints at indecisiveness -...

12:27 PM

Technical Overview: US100

Summary: US100 trades close to the all time highs Clear, upward trend present on the chart Risk of correction increases  Starting with...

9:05 AM

Trade of the day – CHFJPY

European currencies recover SNB may no longer be at rates’ disadvantage CHFJPY respects a support zone Trade: CHFJPY buy at market Stop...

Open an account or log in to receive full access to the news section.

LOGIN

Create account Download the app Download the app

8:38 AM

DE30: Daimler shares dive on another profit forecast cut

Summary: European equity markets start Monday’s trading with moderate gains Daimler (DAI.DE) shares plummet following the third profit forecast...

6:46 AM

Economic calendar: Soft indicators from Germany and US

Summary: IFO index for June will be released before noon Regional Fed index from Chicago for May will be published this afternoon, don't expect...

6:04 AM

Turkish lira rallies after election rerun

Summary: Turkish currency strengthens this morning in the wake of an election rerun in Istanbul on Sunday Slight risk-on seen in the FX market,...

3:20 PM

Gold surges to 6-year high; CAD dips after retail sales miss

Summary: Geopolitical tensions send Gold to 6-year high CAD dips after retail sales miss Euro jumps on upbeat PMI readings DE30:...

1:12 PM

CAD dips after retail sales miss; Still set for weekly gain

Summary: Canadian retail sales M/M: +0.1% vs +0.2% exp Ex autos M/M: +0.1% vs +0.4% exp Loonie dips as USDCAD moves off the lows   Consumer...

12:35 PM

Technical Overview: Oil WTI

Oil WTI  Major upward move could be observed on the oil market yesterday with WTI finishing the day 2.1% higher. A move of this scale was a result...

12:31 PM

Stock of the week: Total

Summary: - Total acquired Maersk Oil last year - Major natural gas projects underway - Stock price to high degree correlated with crude price - Solid...

11:58 AM

AUDUSD - recommendation from Morgan Stanley

Morgan Stanley issued a recommendation for the AUDUSD currency pair. The Bank recommends taking a long position on the pair with following levels: Entry...

11:10 AM

Trade of the day: GBPUSD

Summary: GBPUSD trades in a downward trend Double top pattern can be spotted on the chart Reaction to the market geometry   Trade:...

10:45 AM

Geopolitical tensions send Gold to 6-year high

Summary: Gold moves above $1400/oz on US-Iranian tension USD the biggest faller in major FX this week Are stocks upside about...

9:10 AM

DE30: Upbeat survey data buoys good market sentiment

Summary: - Lufthansa (LHA.DE) faces potential employee strike - DAX (DE30) surges fuelled by upbeat PMIs - Deutsche Bank (DBK.DE) dips pressured by...

7:38 AM

Instant view: Euro jumps on upbeat PMI readings

Summary: - French manufacturing PMI jumps from 50.6 pts to 52 pts in June - German data comes in better-than-expected but manufacturing gauge remains...

6:40 AM

Economic calendar: Day with PMIs

Summary: - German manufacturing PMI expected to show slight improvement - US manufacturing PMI to stay unchanged in June - Fed speakers may offer some...

6:22 AM

Tension in the Middle East escalate further, gold rallies to multi-year high

Summary: - Trump decides not to retaliate against Iran after drone attack - Mixed picture of the Asian PMIs - Gold at the highest level since August...

3:13 PM

GBP slides as BoE follow dovish path; S&P500 sets fresh record peak

Summary: Bank of England turns dovish as rates kept unchanged UK retail sales drop; Cold weather blamed S&P500 reaches new...

1:10 PM

S&P500 set for record open after Fed boost

Summary: Large gains across US indices after dovish Fed Philly Fed shows sharp drop S&P500 moves up to new record high   Despite...