Market news

2:02 PM

US stocks recover further ahead of opening bell; Broad ranges remains in tact

Summary: US indices green ahead of cash open Stocks look to recover from Friday’s rout S&P500 back above 2890   There...

1:29 PM

Top three charts of the week: GBPUSD, US500, SILVER

Summary: GBPUSD bounces off the support area at 1.2100 US500 tries to recover after recent declines Silver reaches YTD highs The...

1:01 PM

Silver prices soar to the highest since September 2019

Silver prices are soaring today by 1.3% and reaching the highest level since September 2017 at nearly $17.90 per ounce. Precious metals are big winners...

10:44 AM

Germany teetering on the brink of recession; GBP looks to gain

Summary: German final Q2 GDP Q/Q: -0.1% vs -0.1% exp EURUSD remains near recent lows Pound gains on Starmer comments   The...

9:42 AM

Trade of the day - EURGBP

Summary: The currency pair seems to be resuming its downward trend Euro is unlikely to recover materially anytime soon The worst case for Brexit...

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

Web app

Create account Download the app Download the app

9:13 AM

DE30: Axel Springer to leave MDAX index

Summary - Lacklustre start to the European session - DAX (DE30) test 200-hour moving average - Vonovia (VNA.DE) tries to recover from yesterday’s...

7:30 AM

Economic calendar: US survey data in the spotlight

Summary - Hungarian central bank expected to leave rates unchanged - Major deterioration forecasted in Conference Board data - BoE’s Tenreyro...

7:03 AM

Rebound in equities, caution in FX after G7 summit

Summary: US equities finished the first trading day this week clearly higher following a slew of misleading comments from both China and the US on...

4:36 PM

Stocks advance on optimistic trade comments

Summary - Stock markets push higher on optimistic trade comments - Donald Trump may meet with Iranian President - France and the United States reached...

2:11 PM

Wall Street set to launch week higher, biotech deal in focus

Summary - US equity indices poised to open higher on optimistic trade comments - S&P 500 (US500) bounces off the lower limit of the trading range -...

1:16 PM

Technical outlook: US500, FRA40, DE30

Summary: Temporary relief on the stock markets after the turbulent end of the previous week The US-China trade war is again at the top of the agenda US500,...

11:00 AM

Trade of the day – GBPJPY

Facts: GBPJPY on the extremes of speculative positioning The pair at the key support zone GBP could explode higher on Brexit deal hopes Recommendation: GBPJPY...

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

Web app

Create account Download the app Download the app

9:58 AM

DE30: More weakness from German survey data

Summary - IFO Business Climate index drops more than expected - DAX (DE30) painting inverse head and shoulders pattern? - German residential companies...

7:13 AM

Trade war keeps escalating, flash crash on TRY

Summary: Donald Trump decided to respond to the Chinese retaliatory tariffs on Friday contributing to a further trade dispute escalation PBoC has...

4:30 PM

Markets roiled as Trump launches stunning China attack

Summary: Stocks swoon, Gold jumps and USD falls after Trump tweet US president launches stunning attack on China and Powell Powell...

3:09 PM

Instant view: Powell strikes balanced tone

A text of the eagerly anticipated speech from Fed chair Jerome Powell has been released in recent minutes, with the overall tone pretty balanced and fairly...

2:31 PM

Macroeconomic update: US PMIs contradict Trump claims

US PMIs down again, manufacturing in contraction Mixed data from Europe Korean trade war another risk on a global map US – PMIs once...

2:13 PM

Stocks swoon on Chinese tariffs; Powell next

Summary: China announce new round of tariffs on US products US markets to start lower by around 1% Powell speech due shortly -...

1:55 PM

Technical outlook: GOLD, SILVER

Summary: Precious metals may correct recent rally Gold bounces off the key resistance from W1 interval Silver is trading below $17.25 handle The...

1:26 PM

DE30 craters on China tariffs, budget news

Equity markets are tumbling with less than 2 hours ahead of the much anticipated Jackson Hole speech from FOMC chairman after China said it would introduce...