TODAY'S TOP MARKET NEWS
Enjoy our daily selection of major news and articles that will help you understand the market sentiment.
We curate our articles section to provide you the most relevant and independent information on the markets.
Nasdaq drops 10% in 3 days!!
Shares of Tesla were hit hard on Tuesday, diving 21% for the biggest one day loss ever. Tech stocks continue to fall alongside the British pound amid new no-deal Brexit concerns. Today China reports CPI and the Bank of Canada has a rate decision.
09 September 2020
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Boris ready to “move on” from Brexit
Wall Street was closed on Monday, which allowed for a rebound in European shares, while SMIC dropped big in Hong kong. The British pound was top FX decliner on new Brexit concerns. Today Germany has trade data and Slack reports Q2 earnings.
08 September 2020
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Tesla excluded from S&P500!
The S&P 500 index committee left out Tesla in its latest reshuffle and Japanese conglomerate Softbank apparently played a part in causing recent tech volatility. Today China trade balance and German industrial production data is released.
07 September 2020
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Options Tech Wreck!!
A bearish shift in options markets for mega cap tech shook up the underlying stocks, handing out big losses to the likes of Apple, Tesla and Zoom. EUR/USD fell below 1.18 but ended off its lows.
04 September 2020
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DAX & Nikkei indices eye breakouts
German and Japanese stocks are attempting breakouts to new multi-month highs but the price of oil saw the biggest daily drop in months with US refineries halting production early this year for maintenance.
03 September 2020
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EUR/USD reaches 1.20 then crumbles!
The euro briefly reached the big 1.20 level, Zoom shares jumped over 40% after earnings and the second largest crypto Ethereum rallied 10% to a 2-year high. Today there is Australian GDP and US ADP unemployment data.
02 September 2020
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