Market news
Economic calendar: Nikola earnings, API oil report
European market expected to open flat US factory orders data and API report on oil stocks Nikola, Lyft and Alibaba to report earnings Futures markets point to a flat opening of the Eur...
Morning wrap (03.08.2021)
US indices finished yesterday's trading lower. S&P 500 dropped 0.19%, Dow Jones moved 0.28% lower and Russell 2000 closed 0.48% lower. Nasdaq gained 0.06% Stocks in Asia traded mostly lowe...
Daily summary: US stocks gave up early gains. Oil under selling pressure
European equities started August in upbeat moods US Senate agrees infrastructure bill draft US ISM manufacturing data came out weaker than expected WTI crude fell more than 4% European ind...
Li Auto delivered record number of cars in July
Li Auto (LI.US) stock jumped more than 4% early in the session after the Chinese electric vehicle maker delivered 8,589 vehicles in July, a new monthly record. Last month performance represented...
EUR/USD Analysis: USD remains weak
In today's session we observe that the EUR/USD pair is practically stagnant. Although the U.S dollar remains weak against the majors currencies, the EUR/USD pair ends up failing to take advantage of t...
BREAKING: USD sees little reaction to downbeat ISM Manufacturing PMI report
The ISM Manufacturing PMI edged down to 59.9 in July from 60.6 in June, below market forecasts of 60.08. EURUSD saw a relatively small reaction to today’s data releases. The most popular ...
EM currencies gain on USD weakness
Stock market session has been rather calm so far and things look similar on the FX market... at least when it comes to major currencies. USD is among the weakest G10 currencies and EM currencies great...
Top stock reports this week (02.08.2021)
We are already past the peak of the Wall Street earnings season for the second quarter of 2021. However, it does not mean that there won't be any noteworthy releases in the days ahead. Pace of the sea...
Chart of the day - GBPJPY (02.08.2021)
GBPJPY failed to break above the resistance at 153.30 and a downward correction was launched. Pullback pushed the price to the lower limit of the Overbalance structure at 152.40 and bulls took over on...
Economic calendar: Manufacturing ISM, PMI revisions
European markets set to open higher Manufacturing ISM for July Final PMIs from Europe and US Futures markets point to a higher opening of the European cash session today, following an ...
Morning wrap (02.08.2021)
Stocks in Asia launched a new week higher. Nikkei gains 1.8%, S&P/ASX 200 adds 1.3% while Kospi trades 0.6% higher. Indices from China gain over 1% DAX futures point to a higher opening of...
Daily summary: Wall Street slips on Amazon earnings and rising PCE price index
US core PCE inflation surges at fastest pace in 30 years Amazon shares drag Wall Street lower FED Bullard believes that tapering should start this fall The US core PCE inflation, excluding f...
Pinterest stock fell 20% as company misses on user growth
Pinterest (PINS.US) shares plunged more than 20% during today's session despite the fact that the image-sharing website operator beat analyst estimates for both profit and revenue for its latest...
☕Coffee prices under pressure!
Coffee prices fell amid improving weather conditions Coffee prices lost more than 8% in today's session, falling below 180 cents a pound. The first reports of successive frosts indicate a limited impa...
Three markets to watch next week (30.07.2021)
FOMC meeting did not turn out to be any kind of surprise, with US central bankers deciding to keep policy unchanged. US GDP release missed expectations significantly but it also did not trigger major ...
