Market news
3 markets to watch next week
The pivotal Fed meeting is already behind us, but key market levels are yet to be decided. Make sure you pay attention to developments on these markets, as they could send crucial signals for weeks to...
Coronavirus: market update
• Daily coronavirus case count is once again reaching new record with more than 314,000 new cases reported yesterday. World Health Organization warned that Europe's weekly COVID-19 infectio...
Crypto newsletter: Crypto market slowly recovers
• Major crypto currencies recover some of the recent losses • Ethereum network fees skyrocketed after the launch of UNI • Ripple joins Bill & Melinda Gates Foundation as sponsor me...
Economic calendar: Sales figures from Canada and US consumer sentiment data
• US consumer sentiment figures • Canada retail sales data It’s another relatively quiet day ahead on the economic calendar. Key stats include prelim September consumer sentiment figu...
Morning wrap
• US indices finished Thursday's session lower. The Dow Jones fell 0.5% while S&P 500 lost 0.8% and Nasdaq dropped 1.3% • Mixed moods prevail in the Asian markets today. Nikkei rose 0.0...
Daily summary: Global equities struggle, the pound swings on BoE’s decision
Global stocks below the flatline Natural gas plunges as much as 11% Negative interest rates headlines after BoE’s announcement After yesterday’s Fed announcement, sentiment on global s...
BREAKING: Natural gas plunges 11%
Natural gas (NATGAS) dives roughly 11% today, most since January 2019. Natural gas prices are falling as investors await the beginning of the heating season. The approaching heating season is associat...
US Jobless Claims Below 1 Million for 3rd Week
The number of Americans filling for unemployment benefits was 0.860 million in the week ended September 12th, compared to 0.884 million in the previous week, bringing total claims above 60.0 mil...
BREAKING: BOE keeps interest rates unchanged!
Bank of England released its interest rate decision just minutes ago. Consensus expected a unanimous 9-0 decision on keeping policy rate and QE unchanged. Just as predicted, the BOE decided to keep bo...
Economic calendar: BoE rate decision and US data
• BoE monetary policy decision • US weekly jobless claims • OPEC committee meeting While the markets digest the overnight FOMC projections and press conference, inves...
Morning wrap
• US indices finished Wednesday's session mostly lower. The Dow Jones finished near the flat line while S&P 500 lost 0.5% and Nasdaq dropped 1.3%. • Negative moods prevail in the Asian ...
Daily summary: The Fed holds rates near zero and sees stronger economic rebound
On the Fed decision day moods on stock markets remained mixed. European equities finished the session near yesterday’s close prices. DAX added 0.29% while CAC 40 rose 0.13%. On the other hand, FTSE 10...
Powell’s press conference - key takeaways
Below we present some key takeaways from the Fed Chairman’s press conference: Zero rates are “new normal” Stronger economic rebound Uncertainty still remains high due to coronavirus pande...
The Fed sees stronger economic rebound
The Federal Reserve released its latest macroeconomic projections along with its monetary policy announcement. Projections turned out to be more optimistic than those published in June. U.S...
Fed signals rates close to zero through 2023!
FOMC leaves rates unchanged and keeps dovish policy! The Fed decision was in line with market expectations. Dot charts shows that rates should stay close to zero to 2023 and long term rate is at 2.5%....
