Market news

6:27 PM

What will AMD's quarterly report show?

AMD (AMD.US) will present its quarterly report just after the close of the trading session on Wall Street. Analysts expect the company to follow in the...

5:01 PM

BREAKING: Democrats call on the Fed to halt the rate hike cycle!

As reported by CNBC, a group led by several high-profile Democratic Party officials is calling on the Federal Reserve to halt interest rate hikes so as...

4:10 PM

Markets in panic ahead of key Fed decision 💥

Market almost fully prices-in a 25 basis point rate hike and a pause afterwards Swaps assume up to 2-4 rate cuts by the end of this year Fed should...

3:17 PM

Uber shares surge after Q1 report!

Uber Technologies Inc. rallied as much as 6.4% to $34.7 on Tuesday, after the tech giant reported its Q1 earnings and revenues that beat analysts...

3:05 PM

BREAKING: US500 drops further after downbeat JOLTS reading!

 Durable goods orders (m/m). Earlier: -1.2% m/m, Forecast. 3.2% m/m. Currently: 3.2% m/m Factory orders (m/m) Previously: -0.7% m/m. Forecast:...

2:54 PM

BREAKING: WTI crude oil drops close to 3%!

 WTI crude oil prices are currently losing close to 3% and sliding to their lowest levels since March 2023. Uncertainty around the spectre of a global...

2:35 PM

US OPEN: Wall Street opens lower as market brace for FOMC decision

Investors await JOLTS and factory data readings Chegg loses over 40% on wave of ChatGPT threats The start of Tuesday's trading...

12:41 PM

DE30: DAX erases morning rally and tests yesterday's low

Attention focused on BP and HSBC quarterly results Shop Apotheke surprises with better results Tuesday's session on European...

11:45 AM

Trade of the day: Copper (02.05.2023)

Facts: The main trend remains upward The bounced off the lower limit of 1:1 structure Recommendation:  Trade: Long position on Copper...

10:48 AM

DE30 retreats after setting a new high

On Tuesday, German Index DAX opened higher after a long weekend due to the Labor Day on Monday. Today's stock market session in Europe brought a continuation...

10:03 AM

BREAKING: EMU HICP still high!

EMU inflation data for April: Harmonised Index of Consumer Prices YoY: 7.0% versus 6.9% expected and 6.9% previously Core Harmonised...

9:14 AM

Chart of the Day: AUDUSD (02.05.2023)

The key event during the Asian session was the surprising decision by the Reserve Bank of Australia.The RBA decided to raise the Official Cash Rate (OCR)...

8:26 AM

Economic Calendar: RBA decision in mainstream

PMI data for European countries for April HICP inflation for the EU area Durable Goods Orders from the US Today's economic...

6:58 AM

Morning Wrap (02.05.2023)

Asian shares were mixed on Tuesday, with some markets closed or anticipating holidays.So far, markets do not react in any particular way to the latest...

3:23 PM

US OPEN: Stocks await major events this week

ISM ticks up in April JP Morgan Gains following FRB takeover Arista Networks to publish report after earnings Following a very strong end to...

3:04 PM

BREAKING: ISM index ticks up in April

ISM manufacturing index ticks up to 47.1 from 46.2 in March Prices component moves back above 50 mark USD dollar gains slightly after the data Indices...

11:27 AM

First Republic Bank fails, JP Morgan buys: A summary

After a collapse of the SVB and Silvergate in the US as well as a forced takeover of Credit Suisse by the UBS, the time has come for the Frist Republic...

9:08 AM

Chart of the Day: EURUSD (01.05.2023)

EURUSD saw a fairly dramatic reversal late in 2022 when it turned out that the energy crisis in Europe was softer than feared. The pair was trading close...

8:02 AM

Economic Calendar: ISM headlines the start of super busy week

ISM manufacturing the key report today Most of the markets are closed for the Labour Day Fed and ECB decisions the main events this week Apple...

6:21 AM

Morning Wrap (01.05.2023)

Friday marked the end of April trading and it ended with solid gains, sending DE30 to the highest level since January 2022 and US indices to back to...