Global financial markets lack clear direction today. Major European stock indexes are trading slightly lower, while US futures indicate a modestly higher open. Investors are unfazed by the assassination attempt on former US President Donald Read more…
Apple shares moved firmly higher in early Monday trading, putting the stock on pace for another record open, following a pair of price-target upgrades from Wall Street analysts. Apple (AAPL) has added around $300 billion Read more…
Cable keeps form tone on Monday and hit new yearly high, trading just ticks under psychological 1.30 barrier. The pair advanced strongly in past two weeks and bulls may start to lose traction on facing Read more…
Oil prices remain stable despite a turbulent weekend and a strong US dollar. Chinese economic data, including disappointing GDP growth and declining refinery output, raises concerns about oil demand. The focus shifts from supply concerns Read more…
The New Zealand dollar has started the trading week in negative territory. NZD/USD is trading at 0.6097 in the European session, down 0.35% on the day at the time of writing. New Zealand Services PMI Read more…
Gold jumped to its highest level since May 22 last week But fails to extend rally, trading flat in past couple of sessions Despite latest weakness, oscillators remain positively tilted Gold has been experiencing solid gains since Read more…
Market picture On Sunday, the cryptocurrency market moved to a rapid rise, completing a consolidation after a correction. Cryptocurrencies positively played off the strengthening chances of Trump’s victory after the assassination attempt. In addition, buyers Read more…
As we reported on 26th June, analysing the Nikkei 225 chart (Japan 225 on FXOpen): → The price is in a significant upward trend (shown by the blue channel); → The price may continue to Read more…
Check back for updates throughout the trading day U.S. equity futures powered higher again Monday, while Treasury yields and the dollar held steady, as investors looked to decipher the impact of the attempted assassination of Read more…
Eurozone industrial production fell -0.6% mom in May, better than expectation of -1.0% mom. Production decreased by -1.0% for intermediate goods, 1.2% for capital goods, and 1.8% for durable consumer goods. Production increased by 0.8% Read more…