Market news

4:18 PM

Biden plan approved by the House - Nasdaq at new record high

Shortly after the start of the US session, the House of Representatives, as expected, adopted President Biden's tax and expenditure plan. The plan...

3:55 PM

US OPEN: Wall Street mixed on lockdown concerns

US stock opened mixed Lockdown fears weigh on market sentiment Foot Locker (FL.US) stock plunged despite upbeat quarterly results US indices...

2:36 PM

BREAKING: CAD strengthens after retail sales data from Canada

Canada retail sales data for September was released at 1:30 pm GMT.  Report turned out to be betterthan expected and caused some moves on the...

12:16 PM

Trade of the day: FRA40 (19.11.2021)

Facts: Main trend remains upward The price bounced off the lower limit of 1:1 structure Recommendation:  Trade: Long position on FRA40...

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11:46 AM

DE30 tries to recover from lockdown news drop

European markets drop on lockdown news DE30 reaches daily low near 16,140 pts HelloFresh gains, Lufthansa drops European...

10:45 AM

📉 Moods deteriorate as lockdowns return

European indices and US futures pull back after Austria decided to impose a nationwide lockdown, starting from Monday. Moreover, Austrian authorities announced...

9:42 AM

Chart of the day - Bitcoin (19.11.2021)

Cryptocurrencies struggle to snap a 10-day long losing streak. Bitcoin dropped below $55,000 during the Asian session today, dropping over 20% off the...

8:42 AM

Economic calendar: Canadian retail sales, US politics on watch

European markets set for higher opening Vote on $1.9 stimulus plan could be held today in the House Biden expected to announce Fed...

7:59 AM

Morning wrap (19.11.2021)

S&P 500 and Nasdaq booked record closes yesterday, gaining 0.38% and 0.45% respectively. Dow Jones dropped 0.17% while Russell 2000 moved 0.56%...

8:03 PM

Daily summary: US stocks wobble. Bitcoin correction deepens

Downbeat moods in Europe S&P and Nasdaq erased early losses Cryptocurrencies under selling pressure European finished today's session...

7:04 PM

Cisco stock plunges over 8% on weak revenue and disappointing outlook

Cisco (CSCO.US) stock tumbles more than 8.0% after the networking hardware company reported quarterly revenue that fell short of analysts’ expectations...

6:50 PM

🧨Crypto sell-off: Correction or Crash?📉

The recent record highs in the cryptocurrency market were established around November 10. Bitcoin reached nearly $70,000 level, while Ethereum jumped towards...

4:37 PM

☕Coffee nears decade high🚀

Within the last two weeks coffee has resumed its uptrend, after the price of Arabic broke above the 200 cents per pound level. There are several factors...

4:06 PM

US OPEN: Nasdaq opens higher as Nvidia surges on earnings

US stocks opened mixed Initial claims fell less than expected Nvidia (NVDA.US) and Macy’s (M.US) shares surge on upbeat quarterly results US...

2:37 PM

BREAKING: USD weakens slightly after claims data

The number of Americans filling for unemployment benefits was  0.268 million in the week ended November 13, compared to 0.269 million reported...

2:27 PM

Alibaba stock plunged 5% in pre-market after earnings come up short

Alibaba Group (BABA.US) ADR fell more than 5% in pre-market after the Chinese e-commerce giant posted weak second quarter sales figures amid slowing consumption...

2:25 PM

DE30: Do the bulls give up?

The German benchmark index reacted to an important Fibo level after the short-term profit-taking. D1 chart The DE30 is trading slightly lower in...

1:43 PM

Trade of the day - Bitcoin (18.11.2021)

Facts: Bitcoin price has begun consolidating around psychological support at $60k Improving blockchain data Recommendation:  Trade:...

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1:31 PM

Stock of the week - Rivian Automotive (18.11.2021)

Rivian Automotive went public on November 10 Shares gained 120% during the first 5 days before dropping 15% In spite of $0 revenue,...

12:12 PM

BREAKING: TRY drops as CBRT cuts rates by 100bp

The Central Bank of the Republic of Turkey announced the latest monetary policy decision at 11:00 am GMT. CBRT cut a one-week repo rate by 100 basis points,...