Uranium companies scored a wild rally in the first quarter of the year, but it has been interrupted and some have experienced sizable sell-offs over the past 2 months. Meanwhile, the Joe Biden administration is pushing U.S. lawmakers to pass a $4.3 billion package to purchase enriched uranium from domestic producers in an effort to […]
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Latest News
Latest News
09
Jun
Jun
Talking EUR/NZD
The ECB rate decision and Lagarde’s press conference are key events of the day. Rate announcement will come at 12:45 pm BST while the press conference will begin 45 minutes later, at 1:30 pm BST. While a change in the level of interest rates is unlikely, a strong and clear guidance may be offered. The […]
09
Jun
Jun
All Eyes on The ECB
European markets set to open lower ECB decision in the spotlight Earnings from FuelCell Energy and NIO Futures markets point to a lower opening of the European cash session, following a downbeat trading on Wall Street yesterday and in Asia today. Oil is pulling back slightly after reaching 3-month highs yesterday. Safe haven currencies, like […]
09
Jun
Jun
Morning Brief
US stock market indices finished yesterday’s trading lower. S&P 500 dropped 1.08%, Dow Jones moved 0.81% lower and Nasdaq declined 0.73%. Russell 2000 dropped 1.49%. Stocks in Asia also traded lower today, although with few exceptions. S&P/ASX 200 dropped 1.20%, Kospi slipped 0.5% and indices from China traded up to 1.6% lower. Nikkei was outperformer, […]
08
Jun
Jun
What to expect from the European Central Bank?
What to expect from the European Central Bank? The European Central Bank is set to announce a monetary policy decision tomorrow at 12:45 pm BST. Market does not expect rates to increase this week but calls for a rate hike continue to mount, with many pointing to July as a start for rate lift-off. Nevertheless, […]
08
Jun
Jun
2.5% Rally For The (CHNComp)
HSCEI (CHNComp) rallied 2.5% today and was one of the best performing indices during the Asian session. Tech-heavy index benefits from an improved sentiment towards Chinese tech companies as authorities in the country seem to be easing their crackdown on the sector. Media reports saying that Chinese regulators approve new video games after a long […]
08
Jun
Jun
Economic Calendar For Today
European stock market set for higher opening API report signals unexpected build in US inventories Second-tier data from Europe Upbeat moods can be spotted on the European futures markets ahead of the cash session launch. Turnaround on Wall Street as well as a solid Asian session set the stage for the higher opening on the […]
07
Jun
Jun
The Day Ahead
European stock markets set to open lower Cryptocurrencies slump AUDUSD erases post-RBA gains Futures markets point to a lower opening of the European cash session today, following a mixed trading in Asia. USDJPY jumped above 133.00, reaching the highest level since 2002. Cryptocurrencies are taking a hit with Bitcoin dropping over 6%. AUD jumped following […]
07
Jun
Jun
The Morning Brief
US indices finished yesterday’s session slightly higher. S&P 500 gained 0.31%, Dow Jones moved 0.05% higher and Nasdaq added 0.40%. Russell 2000 gained 0.36%. Indices from Asia traded mixed – Nikkei added 0.1%, S&P/ASX 200 dropped 1.4% and Kospi moved 1.7% lower. Indices from China traded mixed. DAX futures point to a lower opening of […]
06
Jun
Jun
GPB/AUD Analysis
The next 24 hours is going to be interesting for GBPAUD traders. The Reserve Bank of Australia is scheduled to announce monetary policy decisions tomorrow at 5:30 am BST. The Bank is expected to deliver a 25 basis point rate hike, putting the main interest rate at 0.60%. However, some say that the Bank may […]