Market news

7:27 AM

Economic calendar: Bank of England to steal the show

While there is a number of readings of low importance scheduled for release today, finding a top-tier event in today’s calendar is quite a tough...

6:57 AM

NZ labour market gives back its strength

Summary: New Zealand’s jobs report came in below expectations sending the kiwi lower Fed’s Chairman Jerome Powell claims...

5:08 PM

Stocks remain near recent highs as Oil recovers after inventories

Summary: S&P500 closes in on 200 DMA; GM beats forecasts Stock of the week: Visa Deutsche Bank expected Germany economy to...

5:01 PM

Oil recovers after smaller than forecast inventory build

Summary: Weekly crude oil inventories: +1.3M vs +1.9M exp Build also smaller than API (+2.5M) Oil remains range bound near key...

1:55 PM

S&P500 closes in on 200 DMA; GM beats forecasts

Summary: US stocks look to post YTD highs for 6th session in a row S&P500 moves back near the 200 day SMA GM shares called...

12:33 PM

Stock of the week: Visa

Summary: Visa (V.US) reported earnings on Wednesday, 30 January Company’s earnings seem to be immune to inflation Visa executives...

12:31 PM

Commodity currencies take a step back

Commodity-related currencies have not performed well so far today even as the US dollar index is only slightly changed. Major weakness came after RBA’s...

11:22 AM

FTSE looks to consolidate around 2-month highs

The stock market here in London is trading little changed this morning, after a bumper day of gains on Tuesday which saw the benchmark reach its highest...

10:26 AM

Trade of the day - GBPUSD

Summary: GBPUSD rebounds from SMA200 and the 50% retracement of the rally started after Brexit vote on January 15 The pound fell yesterday after...

10:17 AM

Cryptocurrencies: Zcash remediates counterfeiting bug

Summary: Head of Russian bank criticizes cryptocurrencies Zcash remediates counterfeiting bug Cryptocurrencies take a step back Wednesday...

8:52 AM

DE30: Deutsche Bank expects German economy to fall into recession

Summary: Germany’s biggest lender issued a downbeat report on the domestic economy DAX (DE30 on xStation5) takes a break on a march...

7:40 AM

Economic calendar: Oil and earnings in the spotlight

Summary: Delayed US trade balance data to be released in the early afternoon DOE report expected to show another inventory build Number...

7:03 AM

Aussie tanks after RBA’s Lowe hints at rate cut possibility

Summary: Australian dollar bruised following a sudden change in rhetoric of the RBA’s governor Secret talks regarding delaying Brexit...

4:48 PM

Stocks and USD build on recent gains

Summary: Equities enjoy another solid move higher DE30: Lufthansa remained top European carrier in 2018 USD remains supported...

3:47 PM

US service data pulls back but USD remains firm

Summary: US January ISM non-manufacturing 56.7 vs 57.1 exp Joint lowest since July, but USD remains higher on the day EURUSD near...

2:07 PM

USD trades higher ahead of ISM non-manufacturing print

The US dollar is trading higher against majority of G10 currencies ahead of today’s data release. The ISM non-manufacturing index will be published...

2:01 PM

Wall St. set for green open despite Google's dip

Summary: US indices trading in the green ahead of the opening bell US500 and US30 hit new 2-month highs but US100 lagging Google...

1:20 PM

USDMXN: Is there chance for rebound?

Summary: Pemex, a Mexican state-owned oil company, was downgraded by Fitch raising concerns of a possible cut of the sovereign rating of Mexico Market...

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12:37 PM

Top charts for this week - USFang, Oil, USD Index

Summary: FANG+ (USFANG on xStation5) gained over 25% since the bottom in December Oil (OIL) benefits from increased risk appetite US...

11:55 AM

US SEC looks for data sources to better monitor blockchains

Summary: Another day of lacklustre trading on the cryptocurrency market US Securities and Exchange Commission looks for data sources to monitor...