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Market Insight

Hawkish Risks Into Today's ECB Meeting

Traders Brace For ECBToday’s ECB meeting holds the potential to create plenty of fireworks. On the back of the Fed signalling a pause along with yesterday’s .25% hike, the ECB is expected to push...

CADJPY Falling Hard Ahead of Fed

 CADJPY CollapsingCADJPY is on the watchlist today for short opportunities. The pair has been falling sharply lower this week while retail traders buy heavily into the decline. In light of this, the...

Pfizer Earnings Soar in Q1 Despite Covid Sales Drop

Pfizer Shares Rally on Q1 Earnings BeatDespite a tough day for stock markets on Tuesday, shares in US pharma company Pfizer were seen rising over the session following the release of...

EURUSD Rallying Ahead of FOMC

EURUSD Pushing Higher EURUSD is rallying firmly ahead of the FOMC later today. The pair has been on a strong run since the March lows, gaining around 5.5% as narrowing yield spreads between EU and US...

Aussie Rallies on Surprise RBA Rate Hike

Aussie Rates At Highest Level Since 2012The Aussie is soaring today on the back of the RBA unexpectedly announcing a fresh rate hike at its May meeting overnight. The bank hiked rates from 3.6% to...

AUDCHF Rallying As Retail Sells

Retail Heavily Short AUDCHFAUDCHF is a strong candidate for long opportunities. The pair has rallied firmly off the recent lows, breaking out above key resistance levels. Meanwhile, the retail market...

HSBC Shares Spike Pre-Market On Big Earnings Beat

Solid Q1 Earnings Beat HSBC shares are trading firmly higher ahead of the open today after the bank released a bumper set of Q1 earnings. Amidst the return of concerns for the US banking sector on the...

Market Spotlight: Amazon Shares Fall On Weak Growth Outlook

Amazon Tops Estimates...The big story from US earnings season yesterday was Amazon’s Q1 results. On the headline figures, the company posted earnings per share of $0.31 in Q1, a solid beat on the...

Market Movers: Profit Fears Ahead of Exxon Earnings

Exxon Earnings on DeckOn the back of record profits seen last year, traders are today readying to receive the latest set of earnings results from the world’s largest energy company Exxon Mobil....