Market news
Daily summary: Global equities drop on Fed rate jitters
Major European indices fell more than 1% US indices under pressure after hawkish FED Bullard comments Greenback rally continues European indices fell sharply during today's session with ener...
Three markets to watch next week (18.06.2021)
The Federal Reserve surprised investors this week with its decision that was seen as hawkish. Gold and stocks moved lower while the US dollar strengthened. Investors may be offered an update next week...
DocuSign stock rose 5% on analyst upgrade
DocuSign (DOCU.US) stock rose more than 5% despite the negative sentiment which prevails on the market today. Company shares are trading higher after Wedbush maintained an Outperform rating on the sto...
BREAKING: Gold trims gains, USD strengthens on Bullard comments
James Bullard, President of St. Louis Fed, hit a hawkish tone during a speech today and triggered noticeable moves on gold and USD markets. Bullard confirmed that his dot on the latest dot plot pointe...
Chart of the day - OIL.WTI (18.06.2021)
A strong downward move could be observed on the oil market yesterday. Taking a look at technical situation on OIL.WTI at H1 interval, we can see that price broke below the lower limit of the Overbalan...
Economic calendar: Quadruple witching day in the US
European markets seen opening lower Quadruple witching day in the United States UK retail sales miss expectations Futures markets point to a slightly lower opening of the European stoc...
Morning wrap (18.06.2021)
US indices finished yesterday's trading lower. Dow Jones dropped 0.62%, Russell 2000 declined 1.18% while S&P 500 finished 0.04% lower. Nasdaq added 0.87% Stocks in Asia traded mixed today...
Daily summary: Strong USD, commodity prices tumble
Nasdaq hit new record high Mixed session in Europe Strong US dollar Commodity prices fell sharply Yesterday's Fed decision had a huge impact on many markets, and the effects of these event...
Nvidia stock rose 5% on analyst upgrade
Nvidia (NVDA.US) shares rose more than 5% after Jefferies maintained a Buy rating and lifted its price target on the semiconductor stock to $854 from $740. "We see NVDA as a major beneficiary of the 4...
DE30: Buyers use dip for countermovement
The German benchmark index is in recovery mode and could soon hit a key resistance area. M30 chart The DE30 trades slightly higher on Thursday after recovering from pre-market losses and closi...
BREAKING: US jobless claims rise unexpectedly
The number of Americans filing for unemployment benefits was 0.412 million in the week ended June 12th, compared to the 0.376 million reported in the previous week. Today’s reading came in ...
Turkey leaves monetary policy unchanged
The Central Bank of the Republic of Turkey left its benchmark interest rate unchanged at the effective lower bound of 19.00 %, as widely expected. The Committee said the current tight monetary po...
Chart of the day - EURUSD (17.06.2021)
FOMC decided to slightly increase IOER yesterday while the dot chart pointed to a 2 rate hike in 2023. This, of course, does not mean that there will be 2 rate hikes in 2023 for sure but a signal was ...
Economic calendar: Rate decisions from 3 central banks
European stock markets seen opening lower FOMC dot-plot pointed to 2 rate hikes in 2023 Rate decisions from 3 central banks Stock markets in Europe are seen opening lower today after t...
Morning wrap (17.06.2021)
US indices finished yesterday's trading lower. S&P 500 dropped 0.54%, Dow Jones declined 0.77%, Nasdaq closed 0.24% lower and Russell 2000 dipped 0.23% Stocks from Australia, Japan and Sou...
