Market Overview

Daily BriefingCurrenciesEUR/USD: The pair entered in a resistance of 1.1717-1.1785 on a 4 hour time frame. The next resistance is at 1.1978 and the support is at 1.1236. USD/JPY: The pair has pierced...

Asian regional equity markets stabilise, to some extent, this morning while the pace of sell-off in mainland Chinese stocks is maintained. World’s stock markets may have not reached the bottom...

USD: Prices have gapped below critical support at the 24.47 range low of May and 24.45 (38.2%) retracement of the 2014-2015 rally, with buying interest appearing just above the 24.19 January break...

The MarketEUR/USD breaks above 1.1500 and hits resistance slightly below 1.1725 • EUR/USD continued its crazy rally yesterday, breaking above the psychological round barrier of 1.1500 (S1)....

China’s central bank cut its benchmark lending rate for the fifth time since November and lowered the amount of cash banks must set aside, stepping up efforts to cushion a stock market rout and...

Stock markets around the world have tumbled in recent days, which implies that expectations for economic growth have taken a hit. But markets aren’t flawless prediction machines and so...

Last week's bear market did not leave the European credit indices unscathed. The index for European investment grade credits (iTraxx main) traded around 77bp on Monday, compared with around 68bp a...

Market Movers Focus remains on Emerging Markets and the spill-over to global equity markets, although there are some signs of stabilisation this morning (see below). Today ECB's vice president...

North American markets did not close well yesterday, and the Nikkei and Shanghai Composite sold off today. However, the magnitude of yesterday's moves sapped the market's aggressiveness. European...

German business confidence unexpectedly rose in August as companies brushed off concerns that China’s slowdown will drag on the nation’s economic growth.The Ifo institute’s business...

The sums wiped out in the global stock markets yesterday have reached billions, as the panic of China’s equity turmoil extended across the world.The Dow Jones Industrial Average, one of the most...

EUR/USDToday’s support: - 1.1395, 1.1363 and 1.1340(main), where correction is possible. Break would give 1.1306, where correction also may be. Then follows 1.1283. Break of the latter would...

The US markets had a volatile wide overnight. DJIA tumbled more than -1000 pts in early trading, following the global selloff. Bargain hunters and short covering than helped the index pare back much...

A sell-off but not the end of…Whatever you want to call it – The Great Fall of China, Black Monday 2.0 – yesterday was a strange day for world markets. China sneezed a couple of...