Market news

9:24 AM

Intel earnings beat expectations. Shares higher in premarket

One of the largest manufacturers of cutting-edge chips and integrated circuits, Intel (INTC.US) positively surprised analysts with its Q3 report. Markets...

9:21 AM

Elon Musk decided. Twitter shares delisted from NYSE today

Elon Musk has brought the $44 billion acquisition of Twitter (TWTR.US) to a close and has decided to delist the stock. As of today, the company will...

8:03 AM

BREAKING: German GDP beats expectations, DE30 muted

German GDP data for Q3 2022 was released today at 9:00 am BST. Data turned out to be a huge positive surprise with quarter-over-quarter growth rate coming...

7:27 AM

Chart of the day - EURJPY (28.10.2022)

The Bank of Japan left the interest rate and other monetary policy settings unchanged. The Bank said in a statement that it expects inflation to slow down...

6:56 AM

Economic calendar: German GDP and CPI data, US PCE inflation

European stock markets set to open lower GDP data from Europe, PCE data from US Earnings reports from US oil companies ExxonMobil...

5:56 AM

Morning wrap (28.10.2022)

US indices finished yesterday's trading mixed. S&P 500 dropped 0.61%, Dow Jones added 0.61%, Nasdaq plunged 1.63% and Russell 2000 ticked...

5:53 PM

Daily summary: ECB echoes subtle change in central bank tone

European indices finished today's session slightly higher as gains in oil and gas stocks more than offset declines across mining and technology...

4:44 PM

Align Technology tumbles on weak Q3 results

Align Technology (ALGN.US) shares fell over 20.0% after the maker of Invisalign dental straighteners posted a disappointing earnings report.  Adjusted...

4:14 PM

MACRO: US economy returned to growth in Q3

The US economy expanded an annualized 2.6% in the quarter in Q3 2022, topping analysts’ estimates of a 2.4% rise and rebounding from a contraction...

3:06 PM

EURCHF - recommendation from Credit Agricole

Credit Agricole issued a recommendation for the EURCHF currency pair. The Bank recommends taking a short position on the pair with following levels: Entry:...

2:50 PM

Gas attempts to rebound after EIA report

US gas inventories increased by 52bn cubic feet from 111 bcf in the previous week, below market expectations of 60 bcf. Today’s reading stands below...

2:37 PM

Slightly dovish ECB may not have huge impact on EUR

Following ECB's opening statement and the TLTRO decision, markets expected hawkish rhetoric, but the Lagarde conference dispelled these assumptions. Phrase...

1:57 PM

US OPEN: Wall Street mixed after upbeat GDP data

US indices launched today's cash trading in mixed moods US100 dragged down by Meta (META.US) Ford (F.US) stock under pressure after quarterly...

1:12 PM

Apple, Amazon, Intel - what to expect from earnings?

Amazon (AMZN.US) - earnings after the market close Market expectations: Expected earnings per share (EPS): $0.24 Expected revenue: $128.05 billion Despite...

1:10 PM

DE30 tests the 78.6% retracement for the second time

The German benchmark index has been rising for four trading days in a row. D1 chart The DE30 continues to rise this week and has reached the 78.6%...

12:53 PM

ECB press conference - key takeaways

ECB President Lagarde began the post-meeting press with a few minutes delay. Presentation began with readout of policy statement Opening statement ECB...

12:32 PM

BREAKING: US Q3 GDP beats expectations

The US GDP report for Q3 2022 showed economic growth beating expectations. The US economy grew at an annualized pace of 2.6% while median consensus pointed...

12:29 PM

Meta Platforms sinks after earnings report 📉 Shares at 2016 lows

Mark Zuckerberg's company, Meta Platforms (META.US) i.e. the former Facebook after yesterday's session showed surprisingly weak Q3 financial results,...

12:17 PM

🔽 EUR drops after ECB hikes by 75 bp

The European Central Bank delivered a 75 basis point rate hike, in-line with market expectations. Statement also showed that interest rates are expected...

11:15 AM

🔽 DE30 under pressure ahead of ECB decision

Policy decision announcement from the European Central Bank is drawing near. Money markets expect another 75 basis point rate hike and similar are expectations...