Market news
Daily summary: Will the US dollar continue to rally?
European indices finished today's session lower, with the German DAX falling 0.84%, as Friday's stronger-than-expected NFP data and escalating tensions between the US and China over a suspect...
PayPal plunges after analysts' downgrade
PayPal (PYPL.US) shares are trading 2.5% lower on Monday after Raymond James downgraded the payments company to market perform from outperform, ditched a $107 per share price target and took cautious ...
OIL.WTI extends sell-off
WTI crude continues to move lower at the beginning of the week as greenback strengthening puts pressure on dollar-denominated commodities and overshadows supply concerns. IEA expects that China’s econ...
EUR/USD: Technical Outlook
The last sessions have been marked by the resumption of selling pressure on the EUR/USD pair. EUR/USD - Daily time frame chart However, on the daily chart we can see that the price is approaching a...
BREAKING: CAD weakens after upbeat Canada's Ivey PMI data
Canada's Ivey Purchasing Managers Index rose sharply to 60.10 in January, rebounding from 33.4 in the previous month. USDCAD broke above resistance level at 1.3450 after release of toda...
BREAKING: Aluminum surges as US plans to implement new tariff on Russia
Aluminum price rose sharply after Bloomberg reported that the US is ready to impose a 200% tariff on Russian-made aluminum as soon as this week in order to put further pressure on the Kremlin as the o...
Copper tests major support
Copper price pulled back to the lowest level since early January amid demand concerns and stronger dollar. Fresh data showed that copper inventories in Chinese SHFE warehouses increased by 61.8% since...
Rothschild family plans to take Rothschild & Co private. Stock soars 17.0%
Rothschild & Co (ROTH.FR) shares jumped over 17.0% on Monday on news that Concordia, the holding company of the powerful Rothschild family and Rothschild & Co's largest shareholder, announced ...
Top stock reports to watch this week (06.02.2023)
Wall Street earnings season for Q4 2022 is still on. While US Big Tech companies have already released their reports last week, there are still some large US companies left to report. This week will s...
Chart of the day - GBPJPY (06.02.2023)
GBPJPY is trading slightly higher this morning. The pair recovered from an earlier drop following comments from BoE Mann. Mann struck a hawkish tone saying that he still sees material upside risks to ...
Economic calendar: Second-tier European data, US video game makers earnings
European indices trade lower at start of the session European Sentix index and retail sales data Q4 earnings from US video game stock European stock market indices launched today's tra...
Daily summary: US jobs data sparks uncertainty on markets
European indices finished today's session in mixed moods, with the benchmark Stoxx 600 rising 0.3% to an over 9-month high, British FTSE 100 reached new al-time high, while DAX fell 0.21% following...
Precious metals and oil under heavy selling pressure
Majority of commodities are facing significant pressure from bears as latest data from the US economy lead to strengthening of the US dollar and higher treasury yields. Fresh NFP report brought a high...
Starbucks tumbles over 3.0% as poor sales in China weigh on earnings
Starbucks (SBUX.US) shares lost over 3.5% on Friday after the coffee chain reported weak financial figures for Q1 2023. Company earned 75 cents per share slightly below analysts’ estimates of 77 cents...
ChatGPT and D.A. Davidson upgrade boosts C3ai stock price
C3.ai (AI.US) stock jumped over 20% today D.A. Davidson upgraded the software company to 'Buy' rating with a $30 price target. Analysts described the company's products as 'truly scarce assets' ...
