Daily summary

The US nonfarm payrolls report is the highlight of today’s economic calendar. The dollar is trading two weeks high against the main currency pairs and the NFP report due at 13:30 GMT today. EQUITIES U.S. and European stock markets reached record highs on Thursday after strong fourth-quarter earnings season and China’s move to halve additional...

Euro trading weak after factory orders and retails sales missed the expectations. The next key support around 1.0980 – the low from November 27. On the higher side the immediate resistance at 1.1030. EQUITIES Asia equity markets are supported by the tailwinds from Wall St. where S&P 500 and NASDAQ posted record closes amid strong...

Overview The new coronavirus is very dangerous and continues to spread rapidly, although key details of its nature are still unconfirmed by the WHO. The virus spread to at least 23 countries, infecting more than 17,000 people and killing at least 425. On January 30 The World Health Organization declared a global emergency over the...

Disney+ has hit 26.5 million subscribers since its Nov. 12 launch, according to Disney's latest earnings report. The stock reported earnings of $1.53 vs. the expectation of $1.44 per share and revenue of $20.86 billion vs. $20.79 billion. Disney (DIS) shares rose 2.5% after a strong report. EQUITIES European shares on Wednesday jumped more than...

The pound continues one-way traffic to the downside on Tuesday after the pair dropped 200 Pips on Monday. The drop started after the European Commission unveiled its draft mandate for upcoming negotiations with the UK. The cable dropped to a fresh low 1.2945 on Tuesday European session. EQUITIES Asian stocks gained ground even as the...