Market news

9:49 AM

Will Japanese economy see a Bitcoin-fuelled economic boom?

Summary: CEO of financial services giant headquartered in Japan claims the Japanese economy could be about to boom once again thanks to Bitcoin Alibaba’s...

9:15 AM

DE30: Deutsche Bank sinks to new all-time low

Summary: European Union summit begins tomorrow DAX (DE30 on xStation5) is testing the support level at 12150 pts Deutsche Bank (DBK.DE) slumps to...

7:55 AM

Economic calendar: Will central bank sink NZD?

Summary: Durable goods orders expected to decrease for the second month Will DOE confirm massive inventories build suggested by API? RBNZ may reinforce...

7:12 AM

Oil surges as US calls on companies to cut Iranian imports altogether

Summary: The US State Department says companies buying Iranian crude oil must cut those imports altogether by November NZ dollar declines despite a higher...

5:00 PM

Stocks look to find a footing; USD moves higher

Summary: Stocks attempt to recover after Monday’s declines USD moving higher despite data miss Swedish PPI surges; Where next for EURSEK? Top 3 charts...

3:44 PM

USD on the rise despite miss in CB data

Summary: USD making steady gains against most peers Conference Board consumer confidence 126.4 vs 128 exp Index remains near record highs  The US dollar...

2:40 PM

GBPUSD - recommendation from Citi

Citi issued a recommendation for the GBPUSD currency pair. The Bank recommends taking a long position on the pair with following levels: Entry (Market):...

2:10 PM

GBPUSD: Is it time for reversal?

Summary: Bank of England sharpens its rhetoric making a rate hike in August much more realistic UK economic data surprise index may have already bottomed...

2:09 PM

US stocks look to recover ahead of potentially key session

Summary: US indices looking to recoup recent losses on trade concerns US30 closed below 200 day SMA for first time since June 2016 Harley-Davidson falls...

12:12 PM

Precious metals pull back, stocks fail to move higher

Summary: After higher opening stocks from Europe fail to advance further Japanese yen advances for another day Oil traders await API weekly oil inventories...

12:12 PM

Top 3 charts this week

Summary: Bitcoin at a make-or-break 6000$ level Will DJIA30 (US30) struggle as the key level is being tested? USDPLN faces 3.75 once again This week...

11:17 AM

Swedish PPI surges. What’s next on EURSEK?

Summary: Swedish producer price index surges in May boosted by energy prices EURSEK reverses from its crucial technical level Admittedly, the Swedish...

9:30 AM

Has Bitcoin reached turning point?

Summary: Bitcoin price draws a promising candlestick, could it mark a tipping point? BTC daily transactions remain sluggish being a drag on the cryptocurrency...

8:52 AM

DE30: European investors welcome Tuesday in good moods

Summary: Financial institutions are eyeing a departure from London over Brexit uncertainties DAX (DE30 on xStation5) tries to recover on Tuesday morning Deutsche...

7:37 AM

Economic calendar: Oil traders’ focus returns to data

Summary: CB Consumer Confidence expected to remain intact Market consensus suggests the API reading will show a significant decline in inventories Central...

6:57 AM

Wall Street plunges despite Mnuchin’s denial on investment restrictions

Summary: US equities tumbled on Monday led by technology stocks US Treasury Secretary denies stories regarding Chinese investment restrictions Risk-off...

4:50 PM

Stocks under pressure at the start of the week; TRY lower after earlier gains

Summary: Stocks fall lower with US30 back at 200 day SMA DE30 drops to lowest level since April Oil slides as Brent-WTI spread narrows Latest CFTC data...

3:37 PM

Oil slides as OPEC impact fades

Summary: Oil falling lower after Friday’s surge Brent underperforming compared to WTI Brent-WTI spread narrows considerably The price of Oil is falling...

1:59 PM

US stocks to start the new week lower

Summary: US indices in the red ahead of Wall Street open European bourses experience sizable declines US30.cash retesting 200 day SMA After a solid day...

12:48 PM

EURJPY - recommendation from Morgan Stanley

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