Market news

5:44 PM

🛢Brent crude rises above $ 50!

Brent crude managed to break above $50 a barrel for the first time since March, reflecting hopes for coronavirus vaccine distribution. On the other hand,...

5:15 PM

Moderna starts testing its vaccine among teens

Moderna (MRNA.US) announced today that it has begun a phase 2/3 clinical trial designed to position its COVID-19 vaccine for use in children aged 12 to...

4:05 PM

US OPEN: Wall Street opens lower as jobless figures disappoint

Jobless claims rise more than expected US lawmakers approved a stopgap government funding bill Tesla (TSLA.US) shares are "Dramatically Overvalued"...

3:36 PM

ECB Lagarde press conference - key takeaways

Christine Lagarde, the head of the ECB, presented the mixed state of the economy, while talking about the actions taken by the bank in connection with...

2:40 PM

US Weekly Jobless Claims rise more than forecast

The number of Americans filling for unemployment benefits was 0.853 million in the week ended December 5th, compared to 0.712 million in the previous week....

1:53 PM

BREAKING: ECB keeps rates unchanged and expands PEPP by €500 billion

The ECB kept its main refinancing rate unchanged at 0% as widely expected. The interest rates on the marginal lending facility and the deposit facility...

1:30 PM

✔EURUSD: Correction ahead of the ECB

The ECB meeting (decision: 12:45pm GMT, conference: 1:30pm GMT) is the most anticipated market event this week. The Bank is widely expected to increase...

1:00 PM

Stock of the week: CD Projekt

CD Projekt trades 35% year-to-date higher Cyberpunk 2077 premiered last night Pre-orders exceeded 8 million copies Sales...

12:06 PM

Trade of the day – Litecoin (10.12.2020)

Facts: Price is trading above the local support area Litecoin bounced off the upward trendline Recommendation: Trade: Long position...

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11:01 AM

DE30: European stocks look past US tech sell-off

European markets trade a touch higher DE30 may be set for another test of post-pandemic highs HelloFresh gains after boosting full-year...

8:37 AM

Economic calendar: EU summit and ECB meeting

European markets seen opening lower EU summit on European budget and recovery fund ECB set to add more stimulus Indices from...

8:09 AM

❗ DE30 pulls back from post-pandemic highs 📉

Global stock markets took a hit yesterday. DE30 managed to test post-pandemic highs at the start of the European session but has been giving up gains later...

7:35 AM

Morning wrap (10.12.2020)

US indices dropped yesterday with tech shares taking the biggest hit. S&P 500 closed 0.79% lower, Dow Jones dropped 0.35% and Nasdaq slumped...

7:18 PM

Daily summary: US stocks reverse gains amid stimulus uncertainties

Poland and Hungary have provisionally accepted a EU budget proposal Dow Jones and S&P pull back from record highs Surge in US oil inventories European...

6:52 PM

📈GBPUSD is testing key support

In the second half of the session, we can observe declines in the GBPUSD currency pair. Looking at the M30 interval, key intraday support is currently...

5:30 PM

GameStop stock sinks 15% on disappointing sales

GameStop (GME.US) stock plunged more than 15% after the video game retailer posted third-quarter figures. Company reported a quarterly loss of 53 cents...

4:36 PM

BREAKING: US crude inventories rise unexpectedly

Crude inventories in the US rose  by 15.189 million barrels in the week ended December 4th, following an 0.679 million decrease in the previous week...

4:08 PM

Bank of Canada keeps rates unchanged

The Bank of Canada left its benchmark interest rate unchanged at the effective lower bound of 0.25 %, as widely expected. The Committee said, that the...

3:47 PM

US OPEN: Wall Street opens higher on vaccine and stimulus optimism

White House offers $916 billion stimulus proposal Pfizer's COVID-19 vaccine gets positive FDA review FireEye stock (FEYE.US) fell 9% after cyber...

2:22 PM

Top three charts of the week: US100, Silver, Gold

US100 US tech index Nasdaq (US100) has been trading in an upward trend recently. Looking at the daily time frame, we can see that the price broke above...