Market news

7:20 AM

Economic calendar: busy day ahead, ISM, Jobless Claims and Apple Earnings 🔎

Futures Indices point to a higher lower opening of the session in European markets ISM and US labor market data Bank of England's decision on...

6:47 AM

Morning wrap (03.08.2023)

US indices finished yesterday's trading significantly lower - S&P 500 dropped 1.40%, Nasdaq declined 2.20% and Russell 2000 closed over 1.40%...

7:06 PM

Daily summary: A tough trading session for market bulls

Fitch's decision to downgrade the US rating from AAA to AA+ proved to be the catalyst for profit-taking in global financial markets; Wall...

6:06 PM

BREAKING: US Department of Justice considering sanctions against Binance! Bitcoin is falling!

The Binance exchange has once again come under fire for comments from US regulators. This time, the US Department of Justice (DoJ) has indicated...

4:29 PM

WHEAT drops in the face of weather updates

Wheat (WHEAT) futures are trading with a massive drop. This is likely to be fuelled by an update of milder weather in the US and a strong US dollar, which...

4:02 PM

WTI drops more than 3%❗

Although the crude oil inventory reading today indicated the largest ever drop in stocks, Brent and WTI contracts are extending the downward trend. Risk...

3:32 PM

BREAKING: Record drop of US crude inventories!

Oil inventories. Actual: -17,04 mb Expected: -0.9 mb (API: -15.4 mb) Gasoline inventories. Actual: 1,48 mb  Expected: -1.4...

3:18 PM

📣Fitch Lowers US Rating: Empires fall Slowly

Fitch Agency surprised everyone at the beginning of August by deciding to lower the US's credit rating from the highest possible AAA, down to AA+....

3:16 PM

AMD fell 4% despite earnings beat. AI didn't boost sentiments

Advanced Micro Devices (AMD.US) Q2 results managed to beat Wall Street's forecast but it wasn't enough to make them a more willing buy today. The...

2:47 PM

US OPEN: Wall Street under pressure from ADP data and Fitch decision!

Wall Street opens lower, US100 loses 1.37%, dollar index gains 0.3% Fitch's US downgrade and better ADP data lifts the stock lower Results...

1:46 PM

US Dollar strengthen amid risk aversion rises 💵 USDIDX rise 📈

Yesterday's decision by Fitch to downgrade the US rating to AA+ has so far not caused a very powerful reaction in the markets although the prevailing...

1:26 PM

Trade of the day - BTC (02.08.2023)

Facts: Regulations in the cryptocurrency market are getting closer. However, recent SEC lawsuits and dissatisfaction with the Ripple case verdict...

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

LOGIN

Create account Download the app Download the app

1:15 PM

BREAKING: USD gains after another solid ADP data

ADP jobs report for July was released at 1:15 pm BST today. Report was expected to show a 190k jobs increase - a significant deterioration from almost...

12:59 PM

DE30: US credit rating downgrade pushes European indices down

Investor attention turns to ADP report Earnings from Hugo Boss (BOSS.DE) and BAE Systems (BA.UK)  Wednesday's session...

11:39 AM

💲 USD gains ahead of ADP

Fitch downgrading US credit rating from AAA to AA+ is the main story of the day. However, investors should not forget about more 'regular' events...

9:04 AM

Chart of the day - GOLD (02.08.2023)

Fitch downgrading US credit rating from AAA to AA+ is the big news in the markets today. However, the market's reaction has been fairly muted given...

7:47 AM

Economic calendar: Fitch downgrade, ADP jobs report in the spotlight

European indices set to open lower Fitch downgrades US credit rating ADP jobs report to give hints ahead of Friday's NFP Futures...

6:54 AM

Morning wrap (02.08.2023)

US indices finished yesterday's trading mostly lower - S&P 500 dropped 0.27%, Nasdaq declined 0.43% and Russell 2000 closed over 0.5% lower....

6:35 AM

Fitch lowers US credit rating❗

Big news hit the markets yesterday after the close of the Wall Street session. Fitch Ratings announced a downgrade to US credit rating - from AAA to AA+....

7:00 PM

Daily Summary: Wall Street Bullish Momentum Fades after ISM and Mixed Earnings!

The stock market rally that was approaching an all-time high lost momentum due to mixed corporate earnings and economic data Data indicated...