Trade Responsibly: CFDs and Spot FX are complex instruments and come with a high risk of losing money rapidly due to leverage. You should not engage in his form of investing unless you understand the nature of the Transaction you are entering into and the true extent of your exposure to the risk of loss. Your profit and loss will vary according to the extent of the fluctuations in the price of the underlying markets on which the trade is based.

Market News

  Oil Oil prices edged higher as market participants are slightly optimistic about the results of OPEC+ meeting later today. Oil benchmarks suffered sharp losses since the beginning of the year as the coronavirus outbreak locked cities and suspended the economic activity leading to a significant drop in oil demand levels. On the other hand, in their previous meeting, OPEC and its allies failed to agree on a production cut quota to stabilize the market, triggering a price war. Investor...
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US Indices Stumble near 1-Month High on Virus Concerns

  Equities Major US stock index futures fell from almost a 1-month high as coronavirus recovery hopes lessened. Stock benchmarks surrendered gains earned earlier on Tuesday as the situation worsened in the United States. New York, the epicenter of the United States outbreak, reported its largest single-day death count. Market participants are looking for fresh developments to decide on their trading side. The Dow Jones Industrial Average futures dropped to 22246, the S&P500 future...
April 8, 2020

Stock Futures Extend Gains on Virus Slowdown Hopes

  Equities Major US stock-index futures extended upside rally adding to yesterday's gains as investors hope for a Coronavirus slowdown. The optimism came after a series of developments in Asia and Europe, among them China reporting no new deaths yesterday for the first time since January, and new cases eased in Italy and Spain. President Trump stated that there is light at the end of the tunnel with vaccine and treatment research. The World Health Organization announced that the r...
April 7, 2020

US Stock Futures Start the Week on Stronger Note; Dollar Eases

  Equities Major US stock index futures kicked off the week on a stronger note as investors are optimistic about the coronavirus numbers. The number of hospitalized cases in New York has fallen slightly, and Trump stated that the US is in the toughest week with the fight against the virus. Also, Italy reported its smallest daily increase in deaths in two weeks. On the other hand, market participants are looking forward to an output cut deal between Russia and Saudi Arabia, which c...
April 6, 2020

Market performance in Q1 2020

  The coronavirus outbreak was the key market mover in the first quarter of 2020. The outbreak started in China, and the market had little influence. However, when the virus started spreading to Europe and the United States, the market jumped into a sell-off mode, where major equity-index futures lost over 30%. Governments ordered to lock down cities, suspending the economic activity, and increasing the risks of a recession. Also, they had to allocate funds to support unemployed citi...
April 05, 2020