Market news

12:34 PM

BREAKING: NFP well below expectations

The US economy unexpectedly added only  266k jobs in April, compared to a 916k increase in March and well below market expectations of 978k.  The...

11:36 AM

📈 Indices gain ahead of NFP release

US index futures trade higher ahead of the NFP release scheduled for 1:30 pm BST. Interestingly, Fed warned in its semiannual report about elevated high...

10:01 AM

Trade of the day – USDSEK (07.05.2021)

Facts: Riksbank is more optimistic about economic outlook, inflation forecasts are higher for the end of the year Nasdaq index is used as sentiment...

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9:49 AM

Chief Economist’s note: Fed warns… themselves.

Market attention this week was drawn by Janet Yellen when she hinted at possible interest rate hikes, only to be denied by the chorus of the FOMC speakers....

9:23 AM

DE30 tests resistance zone at 15,350 pts

Stocks in Europe trade higher ahead of NFP release DE30 tests 15,350 pts resistance Adidas surges after earnings European...

7:53 AM

Chart of the day - GOLD (07.05.2021)

After three weeks of struggle, gold has managed to deliver a strong upward move yesterday and jump above the $1,800 mark. Upward move is being continued...

6:38 AM

Economic calendar: US and Canadian jobs data in the spotlight

European markets seen opening higher Jobs data from the United States and Canada ECB President Lagarde to speak at 11:00 am BST European...

5:39 AM

Morning wrap (07.05.2021)

US indices finished yesterday's trading higher. S&P 500 gained 0.82%, Dow Jones added 0.93%, Nasdaq moved 0.37% higher while Russell 2000...

6:34 PM

Daily summary: Dow Jones hits new ATH, precious metals surge

BoE will slow the pace of its bond-buying US weekly jobless claims drop below 500k Gold price above $1800/oz European indices finished todays’...

5:07 PM

Kellogg stock soars 8% on strong Q1 earnings

Kellogg (K.US) stock surges more than 8% after the leading worldwide manufacturer and marketer of ready-to-eat cereals posted upbeat quarterly figures....

4:21 PM

USDCAD drops to the lowest since September 2017

The USCAD pair fell sharply during today's session below 1.22 which is the lowest level since September 2017 ahead of tomorrow’s labor market...

3:53 PM

GOLD finally breaks above $1800

Gold price finally managed to break above major resistance at $1,800/oz and reached the highest level since February, as Treasury yields dropped below...

3:29 PM

MACRO: US weekly jobless claims fall to over 1-year low

Number of initial jobless claims dropped below 500k Continuing claims increased unexpectedly After yesterday's ADP report today investors’...

1:50 PM

US OPEN: Wall Street mixed despite upbeat claims report

Weekly jobless claims fall to a pandemic low of 498k Dow Jones up for 4th day Moderna (MRNA.US) stock plunged 9% after Biden commits to waiving...

12:35 PM

BREAKING: US Weekly Jobless Claims fall more than forecast

The number of Americans filling for unemployment benefits was 0.498 million in the week ended May 1st, compared to the 0.553 million rise reported in the...

11:58 AM

💿Silver gains 1.2%

The silver market is gaining more and more attention as the price of gold rose back to around $ 1,800 an ounce. Interestingly, precious metals gained,...

11:43 AM

Stock of the week - BioNTech (06.05.2021)

While Pfizer is often given credit for developing the first coronavirus vaccine, one should not forget that it was developed together with BioNTech (BNTX.US)....

11:41 AM

DE30 weakens after another false breakout

The DE30 failed to break above the crucial resistance area at 15,280 points on Thursday despite strong momentum. M15 chart The DE30 was able to recover...

11:08 AM

BREAKING: BoE leaves monetary policy unchanged

The Bank of England decided to take a wait-and-see approach during its May monetary policy meeting. BOE left its benchmark interest rate unchanged at a...

10:39 AM

Market alert: Will NFP report show 1 million jobs gain?

Another strong NFP report expected Lower ADP, higher ISM employment subindex, drop in jobless claims EURUSD bounce off a key support,...