Market news
Coronavirus: market update
Global coronavirus cases surpassed 1,6 million today with over 362,000 recoveries. The number of people confirmed to have died as result of the coronavirus reached almost 97,000. The US remains the ...
Crypto newsletter: Bitcoin below 7000 as bullish momentum faded away
• Major cryptos erased weekly gains, • Bitcoin and Litecoin failed to break above key resistance levels, • Visa will issue new card which will allow users to earn their rewards in Bitco...
BREAKING: RUS50 jumps in spite of OPEC+ disagreement
Most of the European stock markets are shut today but not Russian RUS50. The index is vulnerable to changes in oil prices and can be used today as a kind of proxy for crude (oil market is closed). In ...
Economic calendar: Oil drama continues with G20 meeting in spotlight
Meeting of G20 energy ministers Most equity markets shut for holiday already The final day of the trading week has arrived. However, many markets are already shut for Easter holiday so tra...
Morning wrap
US indices finished yesterday's session with solid gains. S&P 500 gained 1.45%, Dow Jones added 1.22% and Nasdaq moved 0.77% higher. Trading in Asia is muted as many markets are shut for h...
Daily summary: Wall Street surged as the FED rolled out further stimulus package
• US Federal Reserve's announced $2.3 trillion loans package to support the economy • US Jobless Claims higher then expected • Oil Prices Pare Early Gains Global equity markets traded...
BREAKING : OPEC considers making a 2 year deal
BREAKING : OPEC considers making a 2 year deal According to Energy Intel Amena Bakr, OPEC mebers are discusing potential 2 year deal. Possible cuts of 10-12 mln bpd would start in May and last until ...
BREAKING: A large agreement is possible regarding the cut in oil production
The first news from the OPEC + video conference on a new production cut agreement points to a solution to the problems between Russia and Saudi Arabia. Both sides were to agree on the need for a deep ...
US OPEN: FED introduces new 2.3 trillion loan programs
• FED announced further stimulus package • US Jobless Claims Above Forecasts • Disney (DIS.US) - number of subscribers almost doubled US indices opened higher today after Federal...
BREAKING: Jobless claims above 6000k once again!
The US jobless claims report was released at 1:30 pm BST. The reading once again showed a bigger than expected value. Initial jobless claims came in at 6606k against expected 5500k. Continuing claims ...
Technical alert: US100
The upward move on the US100 index was halted today in the vicinity of highs from March 7 (8285 pts). Nevertheless, short-term trend remains upward therefore there is a high chance index will continue...
Coronavirus: market update
Global coronavirus cases surpassed 1,5 million today with over 332,000 recoveries. The number of people confirmed to have died as result of the coronavirus reached almost 89,000. The US remains the m...
Oil gains ahead of OPEC+ video meeting
Oil is in the spotlight this week with two big meetings scheduled for today (OPEC+) and tomorrow (G20 energy ministers). Crude is moving higher ahead of OPEC+ meeting with Brent trading near $34 and W...
Economic calendar: All eyes on OPEC+ and Eurogroup meetings
OPEC and non-OPEC producers to hold video meeting Eurogroup to restart pandemic funding talks US jobless claims and Canadian labour market report A lot is on the agenda today. OPEC+ an...
Morning wrap
US indices finished yesterday's session with big gains. S&P 500 closed 3.41% higher, Dow Jones added 3.44% and Nasdaq jumped 2.58% Gains can also be spotted in Asia-Pacific. Chinese indice...
