Market news

11:50 AM

Chinese indices extend bullish momentum 📈

We are seeing a huge rebound today in both mainland Chinese index (CHNComp) and Hong-Kong index (HKComp) contracts. The increases come after China softened...

11:42 AM

DE30: DAX in the shadow of Germany's inflation report

The second German trading session this week brings mixed sentiment around Germany's largest companies. Investors are mainly focused on Germany's...

11:30 AM

Bitcoin is testing key resistance level 📌 UE and Israel analyze regulations

Cryptocurrencies are trying to unwind the declines of recent days. Bitcoin's support at $16,000 has held up and today the bulls are taking the price...

10:43 AM

Downside surprise in German inflation data coming?

German CPI inflation data for November is a key European macro reading of the day. Data for the whole of Germany will be released at 1:00 pm GMT and median...

10:38 AM

Growth Stocks: Enphase Energy

Founded in 2006, Enphase Energy (ENPH.US) transformed the solar industry with revolutionary microinverter technology that converts sunlight into a safe,...

9:48 AM

Lower inflation in Spain. Is it good for euro?

Yesterday we could hear a rather hawkish Christine Lagarde hinting at the need for further tightening. It is worth noting that inflation in the Eurozone...

9:31 AM

Chart of the day - EURCAD (29.11.2022)

EURCAD leaped higher yesterday and tested 38.2% retracement of the post-pandemic downward move in the 1.4065 area. Bulls failed to break above and the...

7:52 AM

Economic calendar: German CPI inflation, Q3 GDP report from Canada

European indices set to open higher China does not change Covid approach German CPI data and Canadian GDP are highlights of the day Futures...

7:28 AM

No changes in Covid approach from China

Awaited press conference of Chinese State Council turned out to be disappointment. In spite of some media chatter that Council may announce easing of Covid...

6:46 AM

Morning wrap (29.11.2022)

US indices finished yesterday's session lower with all major benchmark from Wall Street dropping more than 1%. S&P 500 dropped 1.54%, Dow...

7:04 PM

Daily summary: China Covid protests weigh on global indices

European finished today's session lower, with DAX losing over 1.0%, mostly dragged down by oil, mining and industrial goods and services companies...

6:23 PM

Oil rebounds on production cut rumors

OIL.WTI erased early losses after Eurasia Group informed that OPEC+ will 'seriously consider' an output cut next week, however these are only unconfirmed...

5:51 PM

First Solar stock under pressure after J.P. Morgan downgrade

First Solar (FSLR.US) shares dropped nearly 2.0% on Monday after J.P. Morgan downgraded the solar panel manufacturer to “neutral” from “overweight.”...

5:18 PM

BREAKING: US500 tumbles after FED's Bullard and Williams remarks

Another set of hawkish comments from two FED members Williams and Bullard caused some moves in the market in the evening. USD dollar strengthened, while...

4:53 PM

EUR/USD loses momentum

Today's session is being marked by a deterioration in market sentiment which is supporting the recovery of the US dollar against the major currencies. EUR/USD...

4:32 PM

BREAKING: Bitcoin tests major resistance at $16,000

Bitcoin price fell over 3.0% during today's session as concern cover protests in China, bankruptcy of BlockFi and miners capitulation (about which...

3:41 PM

EURUSD weakens slightly following ECB Lagarde and FED Mester comments

ECB president Lagarde and Cleveland Federal Reserve President Loretta Mester shared some hawkish comments in the afternoon, however their remarks did not...

2:56 PM

US OPEN: Wall Street slides amid protests in China

US indices launched today's cash trading lower US100 is testing major support Apple (AAPL.US) shipments may be affected by China factory unrest Pinduoduo...

1:30 PM

Sugar extends downward move

Sugar price pulled back further away from the seven-month high of $20.45 cents as falling oil prices increased the opportunity cost of using cane feedstock...

1:20 PM

Uniper shares tumbles 7% 📉 Germany will save the company?

As a massive LNG cargo from Australian energy company Woodside Enenrgy arrived in Europe for the first time, Uniper (UN01.DE) shares continue their sell-off,...