Stock Market News
GBPUSD - GBPUSD outlook: Cable pulls back after bulls failed at 200DMA
Cable holds in red and some hundred pips below Thursday's two-week high (1.2642), hit after 1% daily rally, sparked by month-end dollar's sales. The rally was capped by k ...
Weak start to May after US markets slip back
Markets appeared to have convinced themselves, that for all of the damage that was coming in Q2, that Q1 wouldn’t be anywhere near as bad as yesterday’s initial estimates suggested it would. The fact ...
Market Outlook: FTSE 100 completes 400pt round trip this week
The FTSE 100 endured a terrible session, finishing 3.5 per cent weaker as Shell tumbled, just holding onto 5900 and the 38.2 per cent retracement of the drawdown. At Friday’s open the index shipped ...
The blame game is becoming a clear market thematic
QoQ, French GDP -5.8% QoQ, Spain GDP -2.6% QoQ, and Italy -4.7% QoQ. We also saw German April net employment change gain a huge 373,000, while in the US, we saw US jobless claims at 3.83m (consensus 3 ...
Powell says "more" likely needs to be done. ECB press conference begins.
ECB President Christine Lagarde is expected to take center stage at 8:30amET and shell be under immense pressure to explain todays rather lackluster ECB statement following its 7:45amET policy meeting ...
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