Market news

7:57 AM

Economic calendar: US Q4 GDP data in the spotlight!

European stock market indices set for higher opening US Q4 GDP report due at 1:30 pmGMT Earnings reports from Intel, Mastercard and...

6:58 AM

Morning wrap (26.01.2023)

US indices finished yesterday's trading mixed but, overall, scale of moves was small. S&P 500 dropped 0.02%, Dow Jones gained 0.03%, Nasdaq...

6:45 PM

Daily summary: Mixed earnings weigh on sentiment

European indices closed today's session slightly lower, extending losses from the previous session, with DAX finishing below the 15,085 level dragged...

5:54 PM

Cloud stocks under pressure as Microsoft results set off alarm bells

Companies from the cloud segment are facing some selling pressure on Wednesday after Microsoft (MSFT.US) issued a weak outlook for the Azure cloud-computing...

5:20 PM

USDCAD - recommendation from Morgan Stanley

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

4:47 PM

Loonie continues to weaken after BoC governor comments

Today's BoC decision to raise interest rates by 25 bp came in line with market expectations, however signals regarding the end of aggressive tightening...

4:30 PM

OIL.WTI tests key intraday resistance

Shortly after the release of US oil inventories data, the price of crude oil moved higher (we mention this in our previous post). However, looking at OIL.WTI...

3:34 PM

BREAKING: Oil price soars after weekly US inventory data

Publication of report from the US Department of Energy caused some moves on the oil market. Crude inventories rose less than expected while gasoline...

3:05 PM

BREAKING: CAD weakens sharply following BoC rates decision

The Bank of Canada raised its benchmark interest rate by 25bps to 4.50 % as widely expected. The decision pushed borrowing costs to their highest...

2:59 PM

⏬⏬US100 plunges over 2.0%

Microsoft published financial Q4 2022 results yesterday which did not impress investors. While EPS outperformed expectations, revenues underperformed and...

2:56 PM

Uranium Energy Corp stock loses despite contract with DoE

Shares of Uranium Energy Corp (UEC.US), a leading U.S. uranium producer, are losing nearly 4% at the open today. The declines come despite news that it...

2:50 PM

US OPEN: Wall Street opens lower on earnings jitters

US indices launched today's cash trading lower Microsoft (MSFT.US) under pressure amid weak financial outlook Boeing (BA.US) plunges on weak...

1:35 PM

⚡After Microsoft, time for Tesla report. Will Musk surprise Wall Street?📊

Tesla (TSLA.US) will present its Q4 2022 results after today's Wall Street session, traditionally followed by a conference call where management's...

1:01 PM

Microsoft's results - tech giant is preparing for a recession

Microsoft yesterday announced a disappointing revenue forecast for Q1 2023, which sparked a sell-off ahead of the opening bell and overshadowed better-than-expected...

12:37 PM

ASML plunges despite upbeat quarterly results

ASML (ASML.NL) shares fell nearly 2.0% on Wednesday despite the fact that Europe's largest technology company posted better than expected Q4 results...

12:35 PM

DE30: Supply pressure keeps DAX index lower

DAX still under downward pressure Ifo data from Germany Leopard deliveries support Rheinmetall shares Wednesday's trading...

10:04 AM

Trade of the day – AUDJPY (25.01.23)

Facts: CPI Inflation print in Australia came out higher than expected and much higher than the previous release Australian economy should be supported...

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9:45 AM

Chart of the day - USDCAD (25.01.2023)

Rate decision from the Bank of Canada at 3:00 pm GMT today is a key macro event of the day. Bank is expected to deliver a 25 basis point rate hike. Such...

9:31 AM

Will sellers pressure on BTC rise? 📊

The major cryptocurrency has failed to stay above $23,000 and Microsoft's mixed results released yesterday may weigh on Wall Street sentiments. US...

9:04 AM

BREAKING: EUR muted after German IFO meets expectations

German IFO indices for January were released today at 9:00 am GMT. The headline Business Climate index jumped from 88.6 to 90.2, while the market expected...