Market news

2:27 PM

US Stock indices begin brightly

US indices shrug off Turkish concerns US500, US100 and US30 all moving higher Tesla in focus as Musk outlines privatisation view   The...

1:47 PM

USDCAD - recommendation from Credit Agricole

Credit Agricole issued a recommendation for USDCAD currency pair. The Bank recommends taking a short position on the pair with following levels: Entry...

1:05 PM

Gold falls near to 18-month low despite risk-off flows

Summary: Risk-off flows seen elsewhere not evident in Gold Turkish Lira drops to new record lows Gold falls below 1200 to hit...

12:53 PM

Technical overview: DE30

Summary: Could the latest falls be sustained? German blue chips test the trend line and the lower bound of the ascending channel The...

12:38 PM

EURUSD - recommendation from Citi

Citi issued a recommendation for the EURUSD currency pair. The Bank recommends taking a short pending position on the pair with following levels: Entry...

12:30 PM

Why European banks bleed along with TRY?

Summary: Financial Times report unveils exposure of the European banks to Turkey BBVA (BBVA.US), UniCredit (UCG.IT) and BNP Paribas (BNP.FR)...

12:47 PM

Technical overview: OIL

Summary: Brent prices’ (OIL on xStation5) volatility is getting lower Goldman Sachs outlines the upbeat outlook for oil for the rest of the year API...

12:06 PM

Mixed session on the Old Continent, GBP sinks on Brexit concerns

Summary: USD advances against most major currencies No-deal Brexit fears hit GBP UK100 moves significantly higher amid weak domestic currency RBNZ...

11:50 AM

Bitcoin slumps below $6500 as bears take control over the market

Summary: Another Swiss bank will offer services for cryptocurrency companies Oleksandr Stelmakh, a member of the Ukraine Central Election Commission,...

8:22 AM

DE30: European stocks begin the day softer despite gains on Wall Street

Summary: The beginning of Wednesday’s trading across European equity markets bring moderate falls DAX (DE30) fails to move back toward its ascending...

6:55 AM

Economic calendar: Could NZD benefit from RBNZ decision?

Summary: Reserve Bank of New Zealand meets this evening, the NZ dollar seems to be in a position to benefit from the event DOE weekly release on US oil...

6:08 AM

Chinese trade surplus shrinks, US ready to impose new duties

Summary: Chinese trade balance shows a much lower surplus, but this is not the case when it comes to the US US says it will begin imposing 25% tariffs...

4:07 PM

Stocks add to recent gains; TRY recovery remains fragile  

Summary: US indices have moved higher once more today USDTRY remains near record high USDCAD retests trendline support Will SNB allows EURCHF to break...

2:46 PM

USDCAD retests trendline support after Ivey PMI misses

Summary: Ivey PMI 61.8 vs 64.2 exp USDCAD moves higher in the initial reaction The pair tests long term trendline It’s a fairly quiet day on the economic...

1:02 PM

Will SNB allow EURCHF to break through 1.15?

Summary: Swiss National Bank seems to be unwilling to see EURCHF below 1.15 Switzerland’s manufacturing PMI falls off its high implying no further GDP...

12:59 PM

Wall St. set for green open 

Summary: US indices higher ahead of cash open US500 at 6-month high and not far from record peak at 2880 US30 testing prior resistance around 25600 Stock...

12:55 PM

Indian state aims to create the ‘blockchain district’

Summary: The number of Bitcoin ATMs increases to 3,500 The Indian state wants to build the ‘blockchain district’ Ripple (RIPPLE on xStation5) bounces...

12:00 PM

USD pares yesterday’s gain, European equities advance

Summary: European stocks trade higher on the day Commerzbank declines despite earnings and revenue beat USDTRY trades back above the 5.30 handle Ivey...

11:28 AM

USDTRY erases morning drop and moves towards ATH

Summary: Rise in US-Turkey tensions sink Turkish lira The CBRT reserve requirement ratio cut did little to ease the sell-off USDTRY erases morning...

10:59 AM

Top 3 charts of the week

Summary: Nikkei (JAP225) eyes a break out of the consolidation range EURUSD overcomes the lower bound of the triangle pattern COPPER struggles to...