Market news

10:02 AM

DE30 approaches 11,000 pts as European markets try to recover

European indices try to recover from yesterday’s sell-off DAX gains over 3% and approaches 11,000 pts Cypress Semiconductor...

8:56 AM

Technical alert: EURUSD

  Looking at EURUSD chart, one can see that after yesterday's struggle, the price broke below the lower limit of Overbalance structure. The...

8:26 AM

Trade of the day – Soybean

Facts: Soybean defends the key support area China seems to be recovering from the virus US will keep pressuring Beijing on farm purchases Recommendation: Soybean...

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7:12 AM

Economic calendar: Investors await Trump’s press conference

Moods improve on stimulus hopes Donald Trump to hold press conference today API and WASDE data to be released today Moods...

6:38 AM

Morning wrap

US indices finished yesterday’s session with heavy decline following oil market crash. S&P 500 closed 7.6% lower, Dow Jones dropped 7.79%...

5:48 PM

Daily summary: Global equity markets still trading in red

Another bad session for global equity markets Oil price crashes 30% Price war between Saudi Arabia and Russia Some of the traders who have...

3:22 PM

Macroeconomic update: Recession is now the baseline scenario

Virus spread in Europe triggers recession fears Lower oil is good but it can cause short term troubles China attempts to return to work Throughout...

3:07 PM

BREAKING: S&P 500 tries to recover from massive losses

During today’s opening S&P 500 lost more than 7%, and was trading 19% lower from its historical peak. It is assumed that we are dealing with...

1:02 PM

US OPEN: Bears still rule the markets

Oil Prices decline the most since 1991 The US Indices suffered another weekly loss despite the emergency intervention of the central bank Huge risk-off...

1:00 PM

GBPUSD - recommendation from TD Bank

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

12:04 PM

Trade of the day: GOLD

Facts: GOLD price bounced off the key support at  $1660 Long-term trend remains upward Markets remain in panic mode due to coronavirus Recommendation:  Trade:...

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9:46 AM

DE30: European markets collapse on oil shock

European markets plunge on oil price collapse DE30 bounces higher after test of 10400 pts price zone Lufthansa (LHA.DE) will seek...

7:23 AM

Economic calendar: Forget about data... it's Black Monday!

Oil price plunge key theme of the day German industrial production jumps in January Wall Street to open 1:30 pm GMT this week Key...

6:50 AM

Morning wrap

Saudi Arabia cut the price of its oil and started a possible price war with Russia. The move came after OPEC+ failed to agree on output cuts on Friday....

6:13 AM

Black Monday 2?

Saudi Arabia slashed its crude price and possibly launched a price war with Russia after OPEC+ talks broke down on Friday. WTI is trading nearly 30% lower...

5:24 PM

Daily summary: Bearish bias remains on the financial markets

Global equities plunged on Friday Oil prices went down over 7% Strong labor data from US and Canada Corona virus still has the largest impact...

3:19 PM

BREAKING: OPEC talks without a deal, WTI drops below 2018 lows

For the first time in six years OPEC talks ended without a deal. Russia has rejected the offer of additional cuts. The price of WTI oil has broken lows...

2:15 PM

US OPEN: Further declines on global equity markets

Coronavirus remains the dominant theme on the markets Data from US labor market did not affect the financial markets S&P500 tests support zone...

1:35 PM

BREAKING: US NFP figures better than expected

The recent reading from the US labor market showed a significant increase compared with market forecasts. The Non Farm Employment Change rise 273k (est....

12:48 PM

Technical alert: EURUSD

EURUSD is trading almost 0,8% higher today ahead of key data release from the US labour market. Looking technically at W1 interval the pair is trading...