Market news
Daily summary: DE30 recoups losses during BlueMonday
Today is the US holiday and at the same time what it’s called a BlueMonday – the most depressing day of the year. It started a bit that way on indices without a typical rocket fuel from Wall Street bu...
Technical alert: AUDUSD
AUDUSD launched a new week slightly lower. Looking at the daily time frame, the pair is trading near the key support at 0.6850. A rebound from the area marked with green colour may hint at the pair re...
Platinum test the resistance zone
Platinum is one of the best performing markets on Monday morning with gains exceeding 1%. What’s more important, prices are once again in the resistance zone that has kept prices in check since 2016, ...
Economic calendar: Lazy start to a busy week
US stock exchanges to remain shut today for holiday BoJ, BoC and ECB to announce rate decisions this week World Economic Forum in Davos to be held this week As it is usually the case f...
Morning wrap
Oil is the top market mover after the weekend. Brent and WTI trade over 1% higher following supply disruptions at two major producers. Unrest in Iraq has caused the country to shut down production...
Daily summary: Risk-on approach dominates economic data
Stocks end the week on a strong footing Mixed US data, nightmare UK sales report USD gains for the second day Friday was another day of risk-taking, despite fairly mixed macroeconomic reports. US ind...
US OPEN: Alphabet joins $1 trillion market cap club
US indices poised to open higher at fresh records USD gains on solid housing market data Alphabet (GOOGL.US) joins $1 trillion market capitalization club US indices finished yesterday’...
Technical alert: OIL.WTI
Oil price broke above the upper limit of Overbalance structure yesterday. According to the methodology, a bigger upward correction or even trend reversal could be on the cards now. As long as the pric...
Crypto Newsletter: Dash shines among altcoins
Cryptocurrencies enjoyed major gains recently DASH more than doubled in value Bitcoin halving could start another bull market Cryptocurrency market is nearing the end of a stellar week...
BREAKING: GBPUSD pulls back below 1.31 after retail sales miss
Retail sales data for December from the United Kingdom was released at 9:30 am GMT. Headline print showed a drop of 0.6% MoM (exp. +0.6% MoM) while gauge excluding fuel slipped 0.8% MoM (exp. +0.8% Mo...
BREAKING: Stocks in Spain the highest since 2018
Friday brings a continuation of market euphoria that spreads to the European markets as well. DE30 is flirting with all-time high and other markets are finally catching up as well. One of those market...
Economic calendar: Crucial retail sales data for GBP
Key retail sales data from the UK Final CPI print for December from euro area US industrial production forecasted to drop in December 9:30 am GMT - UK, retail sales for December. Retai...
Morning wrap
US indices finished yesterday’s session at fresh record highs. S&P 500 added 0.84% and closed above 3300 pts for the first time in history. Dow Jones gained 0.92% and Nasdaq surged 1.06% C...
Daily summary: Solid US data push USD, indices higher
US retail sales, Philly Fed beat esitmates Morgan Stanley beats estimates, raises targets Stocks beat more records A day without fresh records on Wall Street is a lost day. Today investors saw no rea...
US OPEN: US2000 approaches key resistance zone
US indices set for a green open today Russell 2000 (US2000) nears key resistance at 1700 pts Morgan Stanley (MS.US) recorded 30% YoY jump in earnings for Q4 2019 US stocks finished yes...
