Market news

5:11 PM

Daily summary: Strong NFP data in the US, yet markets decline

More than 31 thousand of coronavirus cases worldwide Strong NFP data in the US, yet markets decline AUD/USD hits 10-year low   Another...

1:50 PM

US OPEN: Uber jumps in pre-session trade on profit promise

Wall Street futures point to a weaker opening US30 swings within downward channel Uber (UBER.US) expects to achieve profitability...

1:37 PM

BREAKING: Strong NFP report shores up market sentiment

The NFP report for Janaury did not disappoint, showing employment gain of 225k and wage growth of 3.1% y/y – both number above the official consensus....

1:08 PM

Technical alert: US500

US500 launched a correction move after reaching new ATH. However, the scale of decline is minor. Currently the downward move is being stopped by the key...

12:21 PM

Crypto market: Bitcoin approaches psychological $10000 mark

BTC is trading near key psychological resistance A successful close above the $10,000 barrier may initiate a bigger rally Cryptocurrency...

10:30 AM

DE30 slides as industrial data continues to disappoint

German stocks decline as industrial production continues to decline DE30 pulls back below support zone at 13540 pts Ceconomy (CEC.DE)...

10:02 AM

NFP preview: markets expect a strong number

High expectations ahead of the NFP report Traders should pay attention to wage data USD looks stretched heading to the report The NFP report...

9:38 AM

Trade of the day: AUDJPY

Facts: AUDJPY is trading below the key resistance zone Overbalance methodology signals the trend has changed to bearish Recommendation:  Trade:...

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7:13 AM

Economic calendar: All eyes on jobs data

Jobs data from the United States and Canada AbbVie to report earnings before US markets open Fed releases semi-annual policy report 7:45...

6:35 AM

Morning wrap

US indices reached new record highs during yesterday’s session. S&P 500 finished 0.33% higher, Dow Jones added 0.30% and Nasdaq rallied...

4:20 PM

Daily summary: European markets soar on tariff optimism

Markets in Europe post a second day of strong gains as China cuts tariffs Virus keeps spreading, more cases outside China EURUSD slumps to 2020...

1:47 PM

US OPEN: Twitter surprises with user number beat

Wall Street set to open higher on tariff relief hopes Russell 2000 (US2000) closes in on 1700 pts resistance once again Twitter (TWTR.US)...

12:16 PM

Stock Market Comment: Green stocks are gaining markets’ favour

Climate-friendly stocks are drawing increased attention Governments increase their efforts to reduce carbon emissions iShares Global...

10:36 AM

Technical alert: EURUSD

Looking at EURUSD chart from a technical point of view, one can see that the buyers managed to halt declines at the key support zone at 1.10 USD. The 1.1024...

9:47 AM

DE30: Deutsche Bank surges as US asset manager buys stake

European shares gain on China’s plans to reduce tariffs DE30 pulls back towards support after morning bounce Allianz (ALV.DE)...

8:31 AM

Trade of the day - USDCHF

USDCHF gained on abating coronavirus concerns The pair reached crucial resistance zone The pair may return to declines once headline...

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7:14 AM

Economic calendar: Earnings reports in the spotlight

Uber and Twitter to report earnings today RBA Governor Lowe and ECB President Lagarde to speak today Czech National Bank expected...

6:38 AM

Morning wrap

Risk-on rally continues on the global financial markets after reports surfaced saying that China plans to halve tariffs on $75 billion of US goods...

5:13 PM

Daily summary: possible coronavirus treatment, markets are optimistic

Unconfirmed coronavirus treatment Major indices keep surging Oil prices up almost 4% Astonishing ADP data from the US   Another...

4:25 PM

Technical alert: OIL.WTI

Oil prices jumped by more than 4% on Wednesday due to the fact that scientists have developed a drug against the fast-spreading coronavirus. Looking technically...