Top 3 charts of the week: DE30, EURUSD , COPPER
Summary: - DAX (DE30) climbs back to the key resistance zone - EURUSD in the vicinity of the upper limit of the wedge pattern ahead of tomorrow’s...
Market news
Oil: Oil prices have retreated for the first time in eight sessions. A decline is attributed to the lack of escalation in the Middle East and the return of production in Libya and Iran. WTI crude is approaching $75 per barrel, while Brent crude is testing the $79 per barrel level. Goldman Sachs...
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Bitcoin is trading above $63,000 and is gaining less than 1%, trying to break above the upper limit of the medium-term uptrend channel, which would potentially imply a reversal of the downtrend. Sentiment among the other cryptocurrencies remains mixed, with 'altcoins' remaining in the shadow...
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After the weekend, Chinese markets are still closed, nevertheless tomorrow Golden Week will come to an end and trading will resume on mainland Chinese indices. Nonetheless, the Hang Seng, which is trading normally, extends its upward wave today, adding more than 1.5%. More PBoC establishment conferences...
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Summary: - DAX (DE30) climbs back to the key resistance zone - EURUSD in the vicinity of the upper limit of the wedge pattern ahead of tomorrow’s...
Summary: Pound recovers after house speaker stops MV III Brexit outcomes looking more positive for GBP Solid UK employment data It’s...
UK unemployment rate dropped to 3.9% in January, wage growth 3.4% ZEW index up to -3.6 GBPUSD advances 0.2% today The UK labour market data...
Summary: - SNB’s low interest rate policy may have created troubles for the property market - DAX (DE30) defends breakout level at 11680 pts handle -...
Summary: - UK labour data to be released in the morning, BoE decision on Thursday - German ZEW index expected to show 12th negative reading in a row -...
Summary: Pound little changed after John Bercow ruled the same May’s deal cannot be voted again during the same session EU is likely to agree...
Summary: Stock markets post new 2019 highs More selling seen in Boeing shares DE30: Official talks on German mega-merger confirmed UK...
Major equity indices like US500 and US100 have surged to the highest level in 2019 today as investors hope that the Fed will deliver a market-friendly...
Summary: UK MPs expected to vote for a 3rd time on May’s deal Vote likely on Tuesday evening but could be pulled GBP begins...
Summary: US stock markets start higher Boeing shares slide Wednesday’s Fed meeting in focus There’s...
Bank of America Merrill Lynch issued a recommendation for the GBPUSD currency pair. The Bank recommends taking a long pending position on the pair with...
Summary: - Another good week for indices from Wall Street - S&P 500 (US500) above resistance level but beware of possible bulls’ trap - Chances...
Summary: FTSE rallies to highest level since October Market back above 200 SMA GBP trading lower across the board It’s been a bright...
Summary: CME Group does not plan changes for its Bitcoin futures market US SEC’s Szczepanik thinks crypto spring is going to come Bitcoin...
Summary: - Germany to start 5G auctions this week, 4 companies among bidders - DAX (DE30 on xStation5) at highest levels since mid-October 2018 - Deutsche...
Summary: - Another Brexit vote and summit of EU leaders - First “dot-plot” of 2019 to be released on Wednesday - PMIs to update view on...
Summary: Equities and Antipodean currencies gain momentum at the beginning of the new week May threatens to give up trying to get Brexit done if...
Summary: US indices near 5-month highs after mixed data Tesla falls as Model Y unveiled SEC sues Volkswagen over misleading investors Pound...
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