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Breaking News
  • Gold Prices Aim At $3,400: Middle East Tensions and US Economic Signals Drive Rally
  • Dollar Falls as Weak PPI Data Stokes Rate Cut Hopes
  • GBP/USD Surges Amid Economic Shifts, Post-PPI Data and Jobless Claims
  • U.S. Producer Prices Rise in May, Dollar Weakens Amid Trade Uncertainty
  • Dollar Hits 2025 Low as Stocks Ease, Safe-Haven Assets Rise Amid Middle East Tensions and Trade Concerns

German Industrial Production Rose Less Than Expected in September on Covid-19 Fears

Adel Market Update

Data on Friday showed that German industrial production rose less than expected in September as the Coronavirus crisis curbed activity, in new evidence that the recovery from the pandemic shock is slowing down in Europe’s largest economy. Figures released by the Federal Statistics Office showed that industrial production increased 1.6% …

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Gold Falling With Dollar’s Rally, But Heading For Best Week in More Than 3 Months

Adel Commodities, Market Update

Gold fell on Friday as the dollar rose, but the yellow metal is on track to record its best weekly performance since late July, thanks to hopes of more central bank support, as investors bet on a split in the US Congress under the presidency of Joe Biden. And gold …

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Oil Declining as Covid-19 Cases Rise And Vote Count Continues in America

Adel Commodities, Daily Economic Reports, Economic Report, Market Update

US oil fell more than 2% on Friday, as new lockdown measures in Europe to stem the rise in Covid-19 cases fueled concerns about the outlook for demand, while markets remain in a state of tension due to the long-running US election counting. West Texas Intermediate crude fell $ 1.06, …

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The Dollar Expecting More Losses on Continued Votes Count

Adel Daily Economic Reports, Economic Report, Market Update

The dollar stabilized against several currencies on Friday, but traders say it is likely to incur more losses as the controversial US presidential election dashes hopes of a major stimulus to support the economy anytime soon. Investors are betting that Democratic candidate Joe Biden will become the next president, but …

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Germany’s Dax Consolidates Gains

Adel Daily Technical Analysis, Technical Analysis

The German DAX managed to achieve the expected positive outlook, touching the official target required to be achieved in the previous session at 12470, peaking at 12580. The technicals are indicating the possibility of resuming the rally, given the price consolidating above the previously breached resistance turned into support at …

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Dow Jones Dow Jones Continues to Make Gains

Adel Daily Technical Analysis, Technical Analysis

The Dow Jones Industrial Average touched the first required target mentioned in the previous analysis at 28220, extending the gains, peaking at 28386. Technically, we tend to be positive depending on the positive motive of the SMA-50, with the stochastic indicator centered around overbought areas. From here, with intraday trading …

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Oil May Have a Temporary Decline

Adel Daily Technical Analysis, Technical Analysis

Oil, Crude, trading

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Gold Trying to Rise on US Dollar

Adel Daily Technical Analysis, Technical Analysis

Positive trading dominated gold during the previous trading session after it succeeded in building on a strong support 19012, in addition to being able to confirm the breach of the resistance mentioned in the previous analysis at 1910, indicating that breaking it increases the possibility of touching 1934 to record …

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Euro Taking Advantage of Weak US Dollar

Adel Daily Technical Analysis, Technical Analysis

The euro jumped against the US dollar to achieve strong gains. To be reminded, we committed to the intraday neutrality in the previous analysis, indicating that the activation of long positions depends on confirming the breach of 1.1770 resistance, in order to enhance the chances of the rise towards 1.1800 …

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NYSE Closes Higher Despite Elections Uncertainty

M. Ali Global Stock Market, Market Update

The New York Stock Exchange (NYSE) closed Thursday higher, despite uncertainty about the results of the United States presidential elections. The Dow Jones Industrial Average increased by 542 points, or 1.95%, to close at 28,390.18 points. The S&P 500 gained 67.01 points, or 1.95%, and finished at 3,510.45 points. The …

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  • Gold Prices Aim At $3,400: Middle East Tensions and US Economic Signals Drive Rally

    12 June, 2025 10:08 pm
  • Dollar Falls as Weak PPI Data Stokes Rate Cut Hopes

    12 June, 2025 9:19 pm
  • GBP/USD Surges Amid Economic Shifts, Post-PPI Data and Jobless Claims

    12 June, 2025 8:17 pm
  • U.S. Producer Prices Rise in May, Dollar Weakens Amid Trade Uncertainty

    12 June, 2025 4:55 pm
  • Dollar Hits 2025 Low as Stocks Ease, Safe-Haven Assets Rise Amid Middle East Tensions and Trade Concerns

    12 June, 2025 4:36 pm
  • Gold Prices Aim At $3,400: Middle East Tensions and US Economic Signals Drive Rally

    12 June, 2025 10:08 pm
  • China’s Foreign Ministry: Foreign Countries Should Stop Interfering in Hong Kong’s Domestic Affairs

    1 July, 2020 1:37 pm
  • UK Manufacturing Activity Picked Up in June

    1 July, 2020 1:54 pm
  • Eurozone PMI Manufacturing Finalized at 47.4

    1 July, 2020 2:13 pm
  • IFO Sees Europe’s Largest Economy Contracting by 6.7% in 2020

    1 July, 2020 2:39 pm
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Timeline

  • 12 June, 2025 10:08 pm

    Gold Prices Aim At $3,400: Middle East Tensions and US Economic Signals Drive Rally

  • 12 June, 2025 9:19 pm

    Dollar Falls as Weak PPI Data Stokes Rate Cut Hopes

  • 12 June, 2025 8:17 pm

    GBP/USD Surges Amid Economic Shifts, Post-PPI Data and Jobless Claims

  • 12 June, 2025 4:55 pm

    U.S. Producer Prices Rise in May, Dollar Weakens Amid Trade Uncertainty

  • 12 June, 2025 4:36 pm

    Dollar Hits 2025 Low as Stocks Ease, Safe-Haven Assets Rise Amid Middle East Tensions and Trade Concerns

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Latest articles

  • Gold Prices Aim At $3,400: Middle East Tensions and US Economic Signals Drive Rally

    12 June, 2025 10:08 pm
  • Dollar Falls as Weak PPI Data Stokes Rate Cut Hopes

    12 June, 2025 9:19 pm
  • GBP/USD Surges Amid Economic Shifts, Post-PPI Data and Jobless Claims

    12 June, 2025 8:17 pm
  • U.S. Producer Prices Rise in May, Dollar Weakens Amid Trade Uncertainty

    12 June, 2025 4:55 pm

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