Market news

11:53 AM

Coronavirus: market update

• The total number of confirmed coronavirus cases surpassed 5.52 million of which more than 347 000 died and over 2.31 million recovered. • US...

11:08 AM

Trade of the day: EURJPY

Facts: The pair bounced off the key support zone Short-term trend remains upward Recommendation:  Trade: Long position on EURJPY at...

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10:07 AM

Will China hurt Australia's economy?

Market sentiment seems to be rather positive today. Most index futures traded higher in the morning, although news from the geopolitical front are not...

9:26 AM

DE30 tests 11,300 pts area during morning surge

European markets surge despite China-US tensions DE30 tested 11,300 pts area Bayer (BAYN.DE) gains on Roundup settlement reports Stock...

8:07 AM

Oil remains in upward trend

Friday morning brought a sudden correction to the oil markets on Hong Kong tensions but this did little to the upwards trend that remains intact. Traders...

6:22 AM

Economic calendar: China-US in focus as new week begins

US and UK traders off for holiday German IFO index seen at 78.3 pts in May BoC Governor Poloz to speak A new week has begun....

5:28 AM

Morning wrap

Stocks in Asia-Pacific trade mixed at the beginning of a new week. Equities from Japan, Australia and South Korea gain while indices from China decline....

5:15 PM

Daily summary: US-China tensions hit risk appetite

• Escalating tensions between Beijing and Washington • Increasing hopes for a coronavirus vaccine • British public debt ...

4:09 PM

Technical alert: EURJPY

EURJPY reached the key intraday support from a technical point of view. The area at 117.00 handle is marked with the lower limit of Overbalance structure...

2:26 PM

Coronavirus: market update

• The total number of confirmed coronavirus cases surpassed 5.23 million of which more than 335 000 died and over 2.10 million recovered.   • US...

2:11 PM

US OPEN: Wall Street opens lower amid rising Sino-US tensions

• US stocks lack direction • China is planning to impose new national security legislation on Hong Kong • Alibaba (BABA.US)...

12:34 PM

Splunk Cloud Revenue soared 81%

Splunk (SPLK.US) stocks rose over 6% in pre-market trading after the company posted its first-quarter financial results. Software company reported ...

11:10 AM

Trade of the day: GBPJPY

Facts: Inverse head and shoulders pattern can be spotted on the H1 time frame The pair reached the key support zone Recommendation:  Trade:...

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10:47 AM

Crypto newsletter: Bearish mood prevails on the crypto market

• Bitcoin can’t break above $10,000 • Ethereum 2.0 might be launched in 2020 • Bitcoin sales from miners spike...

9:35 AM

DE30 tries to climb back above 11,000 pts

European markets drop at week's end DE30 tries to climb back above 11,000 pts Etihad Airlines cancels Airbus (AIR.DE) orders European...

8:02 AM

HSBC tanks to the lowest level since 2009

The banking sector has been struggling recently amid record low global interest rates and banking stocks trailed the global stock market rally. For the...

7:47 AM

USDCAD - recommendation from Morgan Stanley

Morgan Stanley issued a recommendation for the USDCAD currency pair. The Bank recommends taking a short position on the pair with the following levels: Entry...

6:29 AM

Economic calendar: ECB minutes and Canadian retail sales

China-US relations in the spotlight ECB minutes Retail sales from Poland and Canada Economic calendar is light on the final...

5:40 AM

Morning wrap

US indices finished yesterday's session lower. S&P 500 dropped 0.78%, Dow Jones declined 0.41% and Nasdaq dipped 0.97%. On the other hand,...

5:40 PM

Daily summary: Stock rally loses momentum

• Global stocks lower amid US-China Tensions • PMI readings  showed that major economies continue to contract at a steep pace • US...