Market news

12:38 PM

US Department of Homeland Security wants to implement surveillance tools for privacy coins

Summary: US Department of Homeland Security wants to track Monero and Zcash transactions International cooperation is necessary to root out ICO...

12:11 PM

Pound whipsaws as May suffers double defeat

Sterling briefly dipped to its lowest level of the year yesterday, before finding some support and recovering as PM May suffered a double defeat in the...

11:47 AM

Can OPEC stop the bear market on OIL?

A pace of oil price declines over the past seven weeks could be only matched by the 2014 bloodbath caused by the US shale revolution. That understandably...

11:33 AM

Brexit still weighs on UK service sector

Summary: Services PMI saw a huge decline in November overwhelming a more upbeat tone from manufacturing and construction UK economy could...

10:45 AM

EURUSD - recommendation from Morgan Stanley

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

10:06 AM

DE30: European equities join global rout

Summary: CDU leadership vote will take place on Friday DAX (DE30 on xStation5) paints another lower high German carmakers announce...

9:08 AM

USDJPY - recommendation from Morgan Stanley

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

8:35 AM

Economic calendar: Bank of Canada decision in the spotlight

Summary: UK services PMI forecasted to push slightly higher in November Bank of Canada expected to stay on hold US traders and...

8:04 AM

Wall Street plummets, Australian GDP disappoints

Summary: US indices shed more than 3% on Tuesday Australian economy expands at a pace below expectations Chinese services PMI...

5:49 PM

Stocks pullback after recent gains; US500 prints death cross

Summary: Indices trade lower as US500 prints death cross German carmakers under pressure once again Precious metals build on recent...

4:43 PM

Precious metals build on recent gains

Summary: Gold moves up to highest level in a month Price back in prior resistance zone Silver looking for 2nd daily gain: +1.5%   There’s...

3:16 PM

GBPUSD - recommendation from IFR

Thomson Reuters IFR issued a recommendation for the GBPUSD currency pair. The agency recommends taking a short pending position on the pair with following...

3:15 PM

Does a death cross in US stocks signal the start of a downtrend?

Summary: Death cross seen in US500 (50 SMA < 200 day SMA) However last 3 “death crosses” haven’t preceded big declines December...

2:02 PM

NZDUSD - recommendation from UOB

UOB issued a recommendation for the NZDUSD currency pair. The Bank recommends taking a long pending position on the pair with following levels: Entry...

1:18 PM

Top 3 charts of the week: GBPUSD, UK100, Copper

Summary: GBPUSD waits for the Brexit vote in the UK parliament FTSE100 (UK100) keeps trading within the triangle pattern Copper...

12:31 PM

Pound gains as ECJ say UK can revoke Article 50

There’s been some small upside seen in the pound today with the currency moving back above the $1.28 mark, aided by a softer dollar and also reports...

12:22 PM

Thailand tests blockchain to prevent tax frauds

Summary: Fidelity may add other cryptocurrencies to its crypto trading and custody services Thailand tests blockchain to prevent tax frauds Ethereum...

11:20 AM

AUDUSD - recommendation from IFR

Thomson Reuters IFR issued a recommendation for the AUDUSD currency pair. The agency recommends taking a long pending position on the pair with following...

10:03 AM

DE30: German carmakers under pressure once again

Summary: EU said to be considering 3% tax on online advertising revenues DAX (DE30 on xStation5) may extend downward move to 11315 pts Deutsche...

9:53 AM

Trade of the day – US500

Summary: SP500 (US500) hits the resistance and moves lower Trade tensions get back again Lower rates could be stocks positive...