Market news

9:31 AM

DE30: Stocks gain as investors look past geopolitics

European stocks post small gains DE30 fails to break above 200-hour moving average European car sales dropped 57% YoY in May 2020 European...

7:58 AM

US100 back above 10000

Markets start Wednesday in upbeat moods despite data suggesting persistence of coronavirus. Beijing closed schools and number of cases in US rose but this...

6:39 AM

Economic calendar: Markets stay calm amid geopolitical tensions

Geopolitical tensions in Asia are on the rise Powell to testify before Senate Banking Committee US housing market data and DOE report Markets...

5:35 AM

Morning wrap

US indices had a very strong session yesterday. S&P 500 closed 1.90% higher, Dow Jones added 2.04% and Nasdaq jumped 1.75%. Moods in...

5:30 PM

Daily summary: Global stocks rise on hopes of additional stimulus

• Beijing reports new coronavirus cases • Dexamethasone might reduce COVID-19 death rate • US retail sales surge European...

3:29 PM

Beijing decided to close schools as coronavirus returns

Today Beijing's city officials raised its COVID-19 emergency response level to II from III, according to local media. The Chinese capital is...

1:56 PM

US OPEN: Wall Street rally accelerates as spending surges

• US retail sales rose at record pace • Markets await Fed Chair Powell Testimony • Lennar (LEN.US) posted better than expected...

1:07 PM

Commodity wrap - Oil, gold, coffee, corn (16/06/20)

Oil: After 7 weeks, we have the first week of declines in the oil market The decline occurred after the OPEC + group reached agreement (extension...

12:35 PM

BREAKING: US retail sales recover from April's slump

US retail sales data for May has been just released. Headline reading showed 17.7% MoM advance against expected 8.4% MoM increase (-14.7% MoM in April)....

12:01 PM

Technical alert: US500

Global stock markets launched the week lower but moods quickly began to improve. US indices managed to recover from losses and closed higher on Monday.  Looking...

10:42 AM

DE30: Rally resumes after Fed action and stimulus rumours

Stocks jump on Fed actions and stimulus rumours DE30 nears 200-hour moving average TUI (TUI.DE) surges on 2020 summer plans European...

10:15 AM

Coronavirus: market update

• The total number of confirmed coronavirus cases surpassed 8.13 million of which more than 439 000 died and over 4.24 million recovered. •...

8:55 AM

Trade of the day – USDIDX

Facts: Fed to begin outright bond purchases USD now at pre-pandemic levels USDIDX defends the support 96 level Recommendation: USDIDX long at...

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6:39 AM

Economic calendar: Powell and US retail sales

European stock futures surge ahead of cash session open Powell starts 2-day testimony on Capitol Hill US retail sales seen rebounding...

5:33 AM

Morning wrap

US indices recovered from yesterday's declines and closed higher. S&P 500 added 0.83%, Nasdaq jumped 1.43% and Dow gained 0.62%.  Moods...

5:10 PM

Daily summary: Global equity markets start the week on sour note

• Growing concerns regarding second wave of coronavirus infections • Oil remains volatile amid demand concerns • Britain...

2:49 PM

How deep will the oil market correction go?

Crude oil has seen its first weekly decline in almost two months. Earlier, the price of crude oil rebounded in the hope of revival in demand and a strong...

1:49 PM

US OPEN: Bears in control at Wall Street

• US stocks start the week lower • Number of new coronavirus cases is increasing worldwide • Moderna (MRNA.US) shares rose...

12:32 PM

EURGBP - recommendation from Nomura

Nomura issued a recommendation for the EURGBP currency pair. Financial services company recommends taking a long position on the pair with the following...

12:31 PM

Tesla stock continues to decline

Tesla (TSLA.US) shares were down more than 3% in Monday’s premarket after falling on Friday by nearly 4% to $935.28 following analyst downgrades...