Market news

1:29 PM

Cigna stock falls in pre-market despite upbeat quarterly results

Cigna Corp. (CI.US) shares fell nearly 0.50% ahead of the opening bell despite the healthcare and insurance company posted better than expected financial...

1:07 PM

❗ Wall Street trades flat ahead of NFP data

Release of the US jobs report for January 2023 is a key macro event of the day. Report will be released at 1:30 pm GMT and is expected to show non-farm...

1:03 PM

Bitcoin bulls weakens at the end of the week 📊

Despite a great session on Wall Street yesterday, fueled by the Meta Platforms' biggest rise in a decade and the overtones of the Fed decision and...

12:07 PM

Trade of the day: USDCNH (03.02.2023)

Facts: USDCNH is trading in a long- term downward trend The pair bounced off the key resistance Local bearish harmonic pattern Recommendation:  Trade:...

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10:33 AM

Chart of the day - US100 (03.02.2023)

US indices, especially tech sector indices, had a solid run over the past few weeks. Nasdaq-100 (US100) gained around 20% between January 6 and February...

10:13 AM

European services PMIs for January revised slightly higher

Final services PMIs for January from major euro area members were released today. Overall, readings were revised slightly higher. French reading was revised...

8:48 AM

Economic calendar: All eyes on US NFP report!

European indices set for slightly lower opening NFP report expected to show sub-200k jobs growth Final PMIs from Europe, non-manufacturing...

7:50 AM

Morning wrap (03.02.2023)

US indices finished yesterday's trading higher. S&P 500 gained 1.47%, Russell 2000 added 2.06% and Nasdaq rallied over 3%. Dow Jones was...

12:51 AM

Weak quarterly reports of Apple, Amazon and Alphabet 📉

Financial reports from major technology companies have negatively disappointed Wall Street and show a further slowdown. Despite a festive quarter in most...

11:01 PM

BigTech earnings disappointed Wall Street 📌US500 weaker after reports 📉

Today's U.S. session proceeded in a great mood, however, the releases of major tech stocks Apple, Amazon and Alphabet, showed that Wall Street's...

7:58 PM

Daily summary: Wall Street rallies ahead of Big Tech earnings

European jumped to over 9-month high, with German DAX added 2.16%, buoyed by gains across technology and auto stocks. Both BoE and ECB raised interest...

6:56 PM

Tesla surges over 6.0% as EV maker plans to ramp up production in China

Tesla (TSLA.US) stock skyrocketed over 6.5% on Thursday after Reuters reported that the EV producer is gearing up to increase production in Shanghai factory...

5:37 PM

GBPUSD rebounds after BoE Bailey remarks

GBPUSD bounced off daily lows after fresh comments from BoE Governor Bailey, who eased expectations that the central bank is ready to pause or pivot rate...

5:21 PM

Silver pulls back from recent highs after key rate decisions

Precious metals retreated from fresh peaks as markets digest monetary policy decisions from major central banks. Today, both the BoE and the ECB delivered...

4:25 PM

📈US100 gains over 2.0%❗

Technology-heavy bourses continue to move higher on Thursday, extending a Fed-induced rally, with the Nasdaq 100 and the S&P 500 advancing 2.5% and...

3:54 PM

US OPEN: US500 extends post FED rally. Meta earnings support tech sector

US indices launched today's cash trading higher US500 tests key resistance Meta (META.US) quarterly results boosted tech sector Three major...

3:30 PM

Apple, Amazon and Alphabet reports are coming ⌚ What to expect from BigTech?

Wall Street's biggest companies will show financial results for Q4 2022 today after the session. The market will pay particular attention to device...

3:13 PM

Euro weakens further after Lagarde comments

Press conference of ECB President Christine Lagarde started at 1:45 pm BST.  Key takeaways: The ECB intends to raise rates by 50 bp at...

2:15 PM

BREAKING: ECB hikes rates by 50 bp!

The European Central Bank announced its latest monetary policy decision at 1:15 pm GMT today. Bank decided to deliver a 50 basis point rate hike in the...

1:48 PM

Stock of the week - Electronic Arts (02.02.2023)

Top game developer sees 2023 in dark shades First Ubisoft, now Electronic Arts, lowered revenue forecasts for 2023. In the case of EA, this is due to...