Market news
Chart of the day - NZDUSD (03.03.2021)
It has been quiet about dairy prices on the market for some time. New Zealand dollar has been driven mainly by the actions of RBNZ and moves on the USD market. However, the situation may be about to c...
Economic calendar: UK budget and US data
European markets expected to open higher ADP expected to show 177k employment gain in February Rishi Sunak to announce UK budget European markets are expected to open higher following ...
Morning wrap (03.03.2021)
US indices finished yesterday's trading lower. S&P 500 dropped 0.81%, Nasdaq slumped 1.69% and Dow Jones declined 0.46%. Russell 2000 declined 1.93% Stocks in Asia are trading higher. Nikk...
Daily summary: Wall Street retreats after solid start to March
Weak data from Germany Wall Street falls after yesterday’s big rally Gold tries to recover from 8-month low European indices finished today's session mixed, amid disappointing economic data ...
EURUSD bounces off the support at 1.20
The main currency pair started today's session lower, however the second half of the day belongs to the market bulls and there is a chance for EURUSD to generate a demand signal on the D1 interval. Lo...
US100 fell more than 1%
Positive mood prevailed during the European session, however sentiment deteriorated after the US open. The main US stock indices are trading lower and the technological Nasdaq (US100) fell more than 1...
Nio stock falls on mixed Q4 results
Nio (NIO.US) stock plunged more than 6.0% today after China-based electric vehicle maker reported mixed quarterly results. Tesla's (TSLA.US) competitor posted a net loss of almost 1.4 billion yuan ($2...
Canada GDP growth above forecasts
The Canadian economy expanded at 2.3% on quarter in Q4 2020, following a 8.9% increase in the previous period. The Canadian economy grew only 0.1 % over a month earlier in December, following an upwa...
Chart of the day - SILVER (02.03.2021)
Silver continues sell-off started last week as the US dollar continues to regain ground. Price dropped almost 7% over the past 4 sessions and has reached an important support today. Silver is testing ...
Economic calendar: Data from Europe and Canada
European markets seen opening lower Euro area CPI expected to accelerate to 1% YoY Canadian GDP growth expected at 7.2% QoQ annualized in Q4 European futures markets point to a lower o...
Morning wrap (02.03.2021)
US indices booked solid gains during Wall Street session yesterday. S&P 500 gained 2.38%, Nasdaq rallied 3% and Dow Jones added 1.95%. Russell 2000 surged 3.37% Downbeat moods can be spott...
Daily summary: Global stocks start month on positive note
European stocks recover US equities rose more than 2% US 10-year treasury yield eased slightly European indices finished today's session sharply higher, with DAX 30 adding 1.6% and other maj...
BREAKING: US30 rose 2% in risk-on rally
US indices rose sharply today as upbeat economic data and mounting hopes about a massive $ 1.9 trillion stimulus package provided further support for the bulls. Meanwhile the 10-year U.S. Treasury not...
Boeing stock jumped 5% after United disclosed orders for 737 Max planes
Boeing (BA.US) stock rose 5% after United Airlines (UAL.US) unveiled plans to buy 25 more Boeing 737 Max jets, to bring its total Max order to 180. United also plans to have 45 737 Max air...
Oil is forming a head and shoulder pattern
The price of crude oil has been moving in an upward trend for some time. Nevertheless, looking at the hourly chart, momentum has slowed down recently, which creates a risk of a correction. On the H1 i...
