Market news
Economic calendar: All eyes on US CPI
European markets seen opening higher US CPI data for March at 1:30 pm BST Number of Fed members set to speak in the afternoon European stock markets are seen opening a touch highest on...
Morning wrap (13.04.2021)
US indices finished yesterday's trading lower. Dow Jones dropped 0.16%, Nasdaq declined 0.36% and Russell 2000 moved 0.43% lower. S&P 500 closed 0.01% higher Stocks in Asia traded mixed. N...
Daily summary: Subdued start to a busy week
European stocks close slightly below flat line US indices struggle for traction European indices finished today's session slightly lower as the latest coronavirus developments weighed on marke...
Alibaba stock surges 6% despite record antitrust fine
Alibaba (BABA.US) – ADR rose more than 6% after Chinese anti-trust regulators fined the e-commerce giant with a $2.8 billion fine for abusing market dominance. Company said it doesn’t expe...
EUR / USD remains sideways
Today's session started with a relative weakness of the US dollar (USD), however, the USD is trying to recover against fx major, and even GOLD is under pressure while the US dollar is getting stronger...
Top stock reports this week (12.04.2021)
Wall Street earnings season begins this week! As usual, the beginning of the earnings marathon is marked with reports from major US banks and other financial institutions. JPMorgan, Wells Fargo and Go...
Chart of the day - ZINC (12.04.2021)
Industrial metals trade under pressure today - COPPER drops 1.4%, NICKEL declines 3% while ZINC is trading over 4% lower. The move comes after comments from Chinese Premier Li Keqiang. Politicians sai...
Economic calendar: US earnings season begins this week
European stock markets seen opening lower US earnings season begins this week Stock markets in Europe are expected to launch new week slightly below Friday's closing prices. Economic calen...
Morning wrap (12.04.2021)
Stocks in Asia are trading lower at the beginning of a new week. Nikkei drops 0.6%, S&P/ASX 200 trades 0.3% lower and indices from China decline. Kospi trades flat DAX futures point to a s...
Daily summary: Quiet end of the week
US producer prices rise more than forecast China's producer prices highest since 2018 European stocks book 6th week of gains The final session of the week did not bring any major moves in th...
Harley-Davidson stock rose 4% on analyst upgrade
Harley-Davidson (HOG.US) shares jumped more than 4% after analysts from Northcoast upgraded the motorcycle manufacturer from Neutral to Buy with a price target of $49.00. The company hired a new CEO l...
Three markets to watch next week (09.04.2021)
US earnings season for Q1 2021 begins next week and corporate reports tend to be important drivers for equities. Have vaccines and new stimulus checks boosted US companies, or was this offset by a rec...
BREAKING: US Producer Prices rise more than expected
Producer prices for final demand, s went up 1.0 % from 0.5% in the previous month. Year-on-year producer prices in the US rose 4.2 % from a year earlier in March, following a 2.8 % increase in F...
Chart of the day - WHEAT (09.04.2021)
Grains may enjoy elevated volatility at 5:00 pm BST today as the WASDE report will be released. Report is expected to show lower ending stocks for cotton, soybean and corn. Meanwhile, ending stocks fo...
Economic calendar: Canadian jobs data and WASDE report
European stock markets expected to open flat Canadian labour market data at 1:30 pm BST WASDE report may provide volatility on grains market European stock markets are expected to open...
