Market news

8:44 AM

Economic calendar: Key week for May and the UK

Summary: Swedish inflation the most important reading for today Brexit vote will take place tomorrow in the UK parliament Wall...

8:01 AM

Risky assets stumble after disastrous trade data from China

Summary: China reports huge disappointments in terms of trade data for December Chinese stocks move lower, Antipodean currencies lost...

6:04 PM

USD recovers as inflation falls as forecast

Summary: USD recovers as CPI matches forecasts Pound looks through mixed UK data; Brexit sensitivity clear US stocks remain near...

3:53 PM

USD looks to gain despite CPI meeting forecasts

Summary: USD catching a bid at the start of the US session December CPI Y/Y: +1.9% as expected USDCAD bounces strongly from weekly...

3:11 PM

CPI inflation reading fails to support USD

The US dollar remains on the back foot on the final trading day of the week. Range of dovish remarks from Federal reserve members depressed USD yesterday....

2:51 PM

Japan’s FSA gauges interest in potential cryptocurrency ETFs

Summary: Japan may adopt cryptocurrency ETFs after efforts to implement futures contracts failed Only a third of Korean cryptocurrency...

1:16 PM

Stock of the week: Bristol-Myers Squibb

Summary: Bristol-Myers Squibb (BMY.US) announced the biggest biotech industry acquisition in history Bristol set to acquire a blockbuster...

12:09 PM

USDCHF - recommendation from Morgan Stanley

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

11:12 AM

Trade of the day - EURUSD

Summary: EURUSD broke 1,15 for the first time since November FOMC members suggest that future moves will be more data dependent Bond...

11:08 AM

Pound looks through mixed UK data; FTSE hits 5-week high

It’s been a muted week of trade for the pound, and despite a couple surprises in the latest data releases this morning the market reaction has been...

10:16 AM

DE30: Lufthansa overtakes Air-France as Europe’s biggest carrier

Summary: Time runs out for Theresa May to secure needed Brexit support DAX (DE30 on xStation5) eyes a test of the 11000 pts mark Chinese...

8:54 AM

Economic calendar: Will US inflation print support tightening-pause concerns?

On the final trading day of the week investors will be served just two important data releases. UK data pack including GDP and production figures is set...

8:21 AM

Central bankers exert pressure on EUR and USD, stocks add to ongoing rally

Summary: Dovish comments from Fed and ECB members put USD and EUR under pressure Donald Trump cancels trip to World Economic Forum in...

5:52 PM

Stocks pause and USD gains ahead of Fed speakers

Summary: Stocks pause but remain near recent highs Volkswagen develops EV charging network in China USDIDX retests 200 day SMA...

5:10 PM

USDIDX retests 200 day SMA ahead of Fed speak

Summary: USD rising after recent drop Several Fed speakers this evening; Powell at 5:45 GMT USDIDX retests 200 day SMA There...

4:01 PM

EURUSD - recommendation from Citi

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

3:21 PM

Wall Street set for red open; Jobless claims fall

Summary: US markets pullback after recent gains Initial jobless claims fall further; ECB minutes show no great surprises DE30...

3:05 PM

CADCHF - recommendation from Credit Agricole

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

2:04 PM

Oil market amid shifting demand and supply situation

Summary: Oil had a stunning beginning of the year surging over 20% since the latest local low Activity in the US extraction sector is...

1:12 PM

Cryptocurrency index slumps, Bitcoin cracks pivotal support

Summary: Bloomberg Galaxy Crypto Index declines more than 7% today European Banking Authority (EBA) advises European Commission to assess...