Latest Market News

Muted Action in Markets Following US Jobs – CP In Focus This Week We’ve seen a rather muted start to the week for equities markets on the back of the volatility seen on Friday. The latest round of US jobs data provoked a sharp rally across the board as investors cheered a solid set of […]

The most traded currency pair declined on Wednesday. The current EURUSD quote is 1.0970. Tensions on the market have been high in the last week while everyone was awaiting the Fed’s decision on the interest rate, followed by the expectation of the US labour market statistics for April. Market participants are now following the public […]

The BTC exchange rate fell to 27,621 USD on Wednesday. The loss of the leading cryptocurrency for the week is 3.4%. When interest in meme coins skyrocketed, the processes of conducting transactions in the BTC became so difficult that the Binance exchange decided to suspend them in an attempt to prevent long queues. This caused […]

Daily Market Outlook, May 10, 2023 Asian equity markets maintained a muted tone overnight, mostly in the red after a lacklustre handover from Wall Street, where Fed officials comments were deemed more hawkish than expected, while Fed’s Williams ceded he would consider a pause in the rate cycle at the next meeting, he was keen […]

PLTR Beats Forecasts Shares in Peter Thiel founded tech company Palantir were seen exploding higher yesterday. PLTR stock gapped open following the release of Q1 earnings after the bell on Monday and pushed on to end the session around 25% highs from Monday’s closing price. Looking at the breakdown of Q1 results, PLTR posted EPS […]

EURUSD, “Euro vs US Dollar” EURUSD is testing the lower border of the bullish channel. The instrument is going below the Ichimoku Cloud, which suggests a downtrend. A test of the Tenkan-Sen line at 1.0985 is expected, followed by a decline to 1.0845. An additional signal confirming the decline will be a rebound from the […]