Market news

BREAKING: US Retail Sales for April fall at a record pace !

May 15, 2020

Retail sales in the US plunged 16.4% month-over-month in April of 2020, worse than market forecasts of a 12.0% drop. The March figure slumped to a record low of -8.7% It is the biggest decline on record, in a sign that the coronavirus impact on the economy may be harder than anticipated.    Ex...

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BREAKING: US Jobless Claims above 2.9 Million

May 14, 2020

2.981 million Americans have filed unemployment claims during the week ended May 9th. Today’s reading came in above analysts’ expectations of 2.5 million. It is the lowest rise in initial claims in 8 weeks, and compared to a record of 6.867 million in the week ended March 28th. The number...

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10 days left in the Ramadan Trading Competition

May 13, 2020

We hope you are enjoying trading with the chance to win the  Biggest Trading Competition of 2020! The competition has been running now for 20 days to find the skyecryptofx best trader in the GCC. We’ve seen some amazing trading performances so far, with four traders earning more than 10,000 pips...

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May 19, 2020
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...

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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...

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May 18, 2020
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...

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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:...

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May 15, 2020
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