European markets set to open higher Oil gains after Saudi Aramco price hike RBA and ECB rate decision later in the week Asian indices managed to book gains during the first trading session of a new week. Strong gains were spotted in China as Beijing continues to lift pandemic restrictions. Elsewhere, oil gained after Saudi […]
Latest News
Latest News
Latest News
06
Jun
Jun
The Morning Brief
Indices from Asia-Pacific traded higher at the start of a new week. Nikkei gained 0.6%, Kospi added 0.4% and indices from China traded up to 2% higher. S&P/ASX 200 was a laggard and dropped 0.5%. DAX futures point to a higher opening of today’s European cash session. Pandemic situation in China continues to improve. Indoor […]
03
Jun
Jun
The Day Ahead
European markets set for higher opening NFP report for May at 1:30 pm BST Services ISM, PMI revisions Futures markets point to a higher opening of today’s European cash session. Newsflow during the Asian session was light but indices from the region moved higher, following lead from Wall Street indices. Calendar for the day ahead […]
03
Jun
Jun
The Morning Brief
US indices snapped a 2-day losing streak and finished yesterday’s trading with big gains. S&P 500 gained 1.84%, Dow Jones moved 1.33% higher and Nasdaq rallied 2.69%. Russell 2000 added 2.31% Liquidity during the Asian session was limited as markets in China and Hong Kong were closed for holidays. Nevertheless, gains could be spotted in […]
02
Jun
Jun
Short-term Outlook DAX 30
The German benchmark index has stabilized and is rising again in the short-term. D1 chart The DE30 is recovering on Thursday after yesterday’s retest of last Friday’s breakout level at 14,319 points. This offers a chance to resume the short-term uptrend and test resistance at 14,616 points – on Monday the index halted its rise […]
02
Jun
Jun
Talking Cryptocurrency Market
Recent price reactions in the cryptocurrency market pointed to a likely broader rebound, fuelled by optimistic Bitcoin forecasts from JP Morgan analysts and news of another Andressen&Horotwitz fund looking for opportunities on the sector’s declines. Meanwhile, Bitcoin slipped below $30,000 again amid yesterday’s weakness in US indices. Will the bulls manage to sustain the rally? […]
02
Jun
Jun
Morning Brief
US indices booked a second downbeat session in a row. S&P 500 dropped 0.75%, Dow Jones moved 0.54% lower and Nasdaq finished 0.72% lower. Russell 2000 dropped 0.49% Stocks in Asia-Pacific region traded mostly lower. Nikkei dropped 0.2%, S&P/ASX 200 moved 0.9% lower and Kospi plunged 1%. Indices from China traded mixed DAX futures point […]
31
May
May
Talking Oil (WTI)
The EU embargo on Russian oil is a big story this morning. Members of the European Union have finally come to an agreement on the shape of the embargo. The EU decided on a ban on Russian seaborne crude imports that account for around two-thirds of total EU imports of Russian oil. An exemption was […]
27
May
May
The Day Ahead
European markets set to open mixed. US core PCE inflation for March to be released in early afternoon. Futures markets point to a mixed opening of the European cash session, following the stellar Wall Street session yesterday and upbeat trading in Asia today. DAX futures trade slightly below yesterday’s cash close at the moment, while […]
27
May
May
The Morning Brief
US indices finished yesterday’s trading higher. S&P 500 rose 1.99%, Nasdaq jumped 2.68% while Dow Jones gained 1.6%. Indices from Asia-Pacific are traded higher today. Nikkei added 0.62%, S&P/ASX 200 and Kospi rose 1.05% and 0.85% respectively while indices from China traded 0.45%-1.10% higher. DAX futures point to a higher opening of the European cash […]