China – Caixin Manufacturing PMI 50.8 vs 50.9 expected

China – Caixin Manufacturing PMI Previous data: 51.0 Forecast data: 50.9 Actual data: 50.8 *In the case of economic news, investment banks, market makers and prime brokers may quote broader spreads, sharp moves, gaps, and possible execution at a price different from the stated (the first possible market price). In the first few seconds, performance may be […]

USA – New Home Sales under expected 631k vs 669k

USA – New Home Sales Previous data: 689k Forecast data: 669k Actual data: 631k 17:30 USA – Crude Oil Inventories Previous data: 5.836m Forecast data: -2.600m Actual data: -6.147m *In the case of economic news, investment banks, market makers and prime brokers may quote broader spreads, sharp moves, gaps, and possible execution at a price […]

Bank of America Merrill Lynch ban investment in Bitcoin Investment Trust

More and more of Wall Street big leaders are skeptical about the growing Crypto economy. Bank of America Merrill Lynch also took a similar position by separating himself from all his crypto deals. Last month BAML banned its clients from investing in the Bitcoin Investment Trust, the largest crypto fund, operating successfully on the market […]

Market peace at the beginning of an explosive week

Market participants are particularly serene heading into a week packed with economic events, including a Federal Reserve rate decision on Wednesday, a U.S. jobs report on Friday and an expected new nominee to head the U.S. central bank. A Bank of America Merrill Lynch gauge of financial stress across asset classes is on track for […]

JPMorgan CEO Jamie Dimon Attacks Bitcoin Again

Last week, JPMorgan Chase CEO Jamie Dimon caused Bitcoin to plummet in value when he called the cryptocurrency a “fraud” and “worse than tulip bulbs.” Once again on Friday, Dimon criticized Bitcoin and other digital currencies. This time, he called them a “novelty” and said they are “worth nothing” during an interview with CNBC-TV18 in New Delhi, […]

Copper is taking a beating amid surging inventory

Copper is taking a beating amid surging inventory. After the metal climbed this year through August on expectations for tightening supplies, global stockpiles spiked almost 16 percent last week, the most in six months, sending the price on the London Metal Exchange into a downward spiral. Source: Bloomberg Pro Terminal Junior Trader Stefan Panteleev

Economic calendar for the European and the American trading sessions 06.09.2017

09:00 – Germany – Factory orders 15:30 – USA – Trade Balance 15:30 – Canada – Import / Export 15:30 – Canada – Trade Balance 15:30 – Canada – Labor productivity 16:45 – USA – Services PMI 17:00 – USA – ISM Non-Manufacturing PMI 17:00 – Canada – Interest Rate Decision 21:00 – USA – […]

More than 1.8 million VIX options trader because of “Fire and fury”

“Fire and fury” didn’t do much to shake off market calm, but it did trigger a surge in CBOE Volatility Index wagers. More than 1.8 million VIX options changed hands Wednesday, the most since June last year, when traders positioned ahead of the U.K. vote on European Union membership. While the volatility gauge has rebounded […]

Market wrap of the US trading session

US stocks opened lower today. DJIA dropped 30 points on the opening, with most losses coming from Microsoft shares. Currently, the index is traded at around $ 22,100 The S & P500 declined by 0.15%, with the most losses coming from the healthcare sector. The price of the index is about $ 2477 right now. […]