Economy

The futures point to a bearish start, with concerns over COVID-19, Brexit, and a failure by Congress to deliver stimulus weighing… ECB President Lagarde Speaks Friday, 16th October Italian CPI (MoM) (Sep) Final Eurozone Inflation (Sep) Final Eurozone Trade Balance (Aug) The Majors It was…

It’s a busy day ahead. The EU Summit and Brexit, U.S Politics, COVID-19 news updates, and U.S economic data are in focus.Earlier in the Day: It’s was a relatively busy start to the day on the economic calendar this morning. The Aussie Dollar was in…

PPI comes in hotter than expected US stocks were mostly higher on Wednesday rebounding from Tuesday decline. Most sectors in the S&P 500 were higher driven by gains in energy and materials, while real estate bucked the trend. US inflation on the wholesale level was…

There’s plenty to consider in the day ahead. Stats, COVID-19 news, Brexit updates, and U.S politics and U.S corporate earnings will also draw attention. German ZEW Economic Sentiment (Oct) Eurozone ZEW Economic Sentiment (Oct) Wednesday, 14th October Spanish CPI (YoY) (Sep) Final Spanish HICP (YoY)…

The Dow Jones Industrial Average is making a strong upside zigzag. We could see the drop before next bounce. Looking at the chart we can see that POC shows a strong confluence with 78.6, 88.6 and D L5. However, an ascending trend line is also…

Before US markets open on Tuesday, JPMorgan Chase & Co. will do us the honours once more of being the opening act for this latest US earnings season. Already, the options markets are pointing to a one-day move of 3.14 percent, either way, following their…

Long story short, the US is ultra-strong, whereas, emerging markets remain weak. What a great start of the week for the bulls! Perhaps not for all bulls, everywhere, but for those trading US indices. Interesting fact; the stock exchange in my hometown of Warsaw, Poland,…

Twilio Inc said it would acquire the market-leading customer data platform Segment for about $3.2 billion in an all-stock deal, sending its shares up over 9% in pre-market trading on Monday Twilio Inc, a cloud-based communications platform-as-a-service company, said it would acquire the market-leading customer…

Rising stocks, falling Dollar are signs that Wall Street is betting on Biden to win the U.S. presidency and offer fiscal stimulus after the elections. U.S. stocks rallied last week, with the S&P 500 Index posting its best weekly performance since early June, while long-term…

S&P 500 futures are gaining ground in premarket trading as traders believe that U.S. lawmakers will ultimately reach consensus on the new coronavirus aid package. Traders Wait For A New Stimulus Deal S&P 500 futures are gaining ground in premarket trading as traders remain convinced…