Japan’s Nikkei rose and the yen fell on Tuesday after the Bank of Japan kept its ultra-loose monetary policy unchanged and offered no hints of an early end to negative interest rates. The Nikkei rose 1.41 percent to end Tuesday at 33,219.39. The broader Topix index compensated for an early …
Read More »Technology and travel sectors lift European stocks amid focus on inflation data
European stocks experienced a rise on Tuesday, driven by gains in the technology, travel, and entertainment sectors. Investors were particularly focused on the upcoming inflation data in the eurozone to gauge potential signals for next year’s interest rate cuts. The European STOXX 600 index saw a 0.3 percent increase by …
Read More »Gold is confined to a narrow range with focus on US inflation data
Gold prices fell in limited trading on Tuesday as investors awaited more US economic data this week that may shed light on the Federal Reserve’s monetary policy outlook. By 0535 GMT, gold in spot transactions fell 0.1 percent to $2,024.49 per ounce. US gold futures also fell 0.1 percent to …
Read More »Nasdaq maintains an upward trajectory 19/12/2023
Oil, Crude, trading
Read More »Dow Jones continues to set records 19/12/2023
Oil, Crude, trading
Read More »USD/JPY: Positivity needs confirmations 19/12/2023
japanese-yen
Read More »GBP breaks support 19/12/2023
Oil, Crude, trading
Read More »Oil building on Support 19/12/2023
Positive momentum characterized the trading of US crude oil futures contracts in the initial sessions of this week, reaching its pinnacle at $74.60 per barrel. From a technical standpoint, the price of oil has successfully established a solid foundation above the robust support level at 71.40. The ongoing support from …
Read More »Gold tests the solidity of support 19/12/2023
Gold prices are actively seeking to sustain an upward trajectory, having successfully retested the robust 2016 support level during the previous trading session. Intraday movements indicate a stabilizing trend above this critical support level. From a technical analysis standpoint today, we maintain a positive outlook on our trading stance. This …
Read More »Euro in a sideways price range 19/12/2023
The EUR/USD pair has experienced constrained movements in recent consecutive sessions, maintaining a stable sideways range with the lower boundary holding above the 1.0860 support and the upper boundary staying below the 1.0960 resistance. Upon closer examination of the 240-minute time frame chart from a technical perspective today, conflicting signals …
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