Market news

12:15 PM

Walmart's stocks jumped over 4%!

Walmart (WMT.US) reported its results financial results for the first quarter of fiscal 2021. Company reported adjusted EPS of $1.18 per share on revenue...

10:25 AM

DE30: European stock rally fades

European rally fades, DAX trades lower DE30 tries to hold above 11,000 pts ThyssenKrupp (TKA.DE) mulls divesting from more units European...

Open an account or log in to receive full access to the news section.

LOGIN Create account

9:40 AM

BREAKING: BoJ to hold unscheduled meeting on Friday, JPY weakens

Slight weakness in JPY could be spotted in the past minutes. Move was triggered by the Bank of Japan's announcement that it will hold an unscheduled...

9:36 AM

Trade of the day – CHFPLN

Facts: CHFPLN has stabilized below 4.40 Eurofund proposal boosted market sentiment EM currencies have seen little gains so far compared to stocks Recommendation: CHFPLN...

Open an account or log in to receive full access to the news section.

LOGIN Create account

7:30 AM

Economic calendar: Powell and earnings from US retailers

Markets rally on vaccine hopes and EU stimulus Powell to appear in Senate in the afternoon US retailers to report earnings Investors...

6:39 AM

Morning wrap

US indices rallied yesterday on vaccine hopes. S&P 500 jumped 3.15%, Dow Jones added 3.85% and Nasdaq gained 2.44%. Russell 2000 rallied over...

6:49 PM

Daily summary: Global Stocks rally on vaccines hopes. Germany and France: Another € 500 billion for Europe

• Moderna (MRNA.US)  - clinical results suggested its vaccine has a "high probability" to provide protection from coronavirus...

5:12 PM

DAX above 11 000 pts !

German DAX index (DE30) break above key 11 000 pts level after France and Germany called o for the creation of a 500 billion euro ($ 543 billion) Recovery...

4:37 PM

Russell 2000 soar over 6% !

From the very beginning of today's US session, the Russell 2000 index, which tracks the so-called "Small-caps" or companies with relatively...

4:10 PM

EURUSD is heading towards 1.09

The euro appreciated towards $1.09 in afternoon trading on Monday, as risk-on moods returned to the markets  following news that Moderna (MRNA.US)...

2:54 PM

US OPEN: Wall Street opens higher on Covid-19 vaccine hopes

• Moderna (MRNA.US) trial stoked optimism about a potential coronavirus vaccine. • Fed Powell believes that the US economy could shrink...

2:34 PM

Technical alert: GOLD

GOLD market launched a week higher following a break above the upper limit of triangle pattern. However after painting fresh YTD high, the downward correction...

1:02 PM

Moderna’s stocks surge in pre-market on vaccine hopes. Dow futures up 500 points

Moderna’s (MRNA.US)  announced that its experimental vaccine for coronavirus showed promise in early trials. Biotech company announced that...

12:39 PM

Coronavirus: market update

• The total number of confirmed coronavirus cases surpassed 4.81 million of which more than 316 000 died and over 1.86 million recovered. • US...

10:30 AM

DE30 revisits upper limit of trading range

Stocks rally as Powell is ready to do more DE30 tests upper limit of trading range Daimler (DAI.DE) to re-halt production at Alabama...

Open an account or log in to receive full access to the news section.

LOGIN Create account

9:27 AM

Trade of the day: SUGAR

Facts: Sugar price bounced off the key support at 10.00 SHS pattern can be spotted on the H4 time frame The price sits above moving average Recommendation:  Trade:...

Open an account or log in to receive full access to the news section.

LOGIN Create account

8:47 AM

SILVER prices soar by 4%

A strong rally continues on silver after the Fed Chairman suggested the central bank could do much more to support the economy, even though the pace of...

7:17 AM

Economic calendar: Busy week ahead

Trade news to dominate Monday's trading FOMC, RBA and ECB to release minutes later into the week PMIs to be released on Thursday As...

6:35 AM

Morning wrap

Asian equities are trading higher at the start of a new week. Nikkei gains 0.5% and Kospi trades 0.7% higher. S&P/ASX 200 gains 1.3%. DAX and...

7:04 PM

Daily summary: Global equity markets mixed at end of a uneasy week

• Growing trade tensions between the US and China • European indices close mostly higher • Gold Hits 7 year high   European...