Ukraine’s alternative export corridor in the Black Sea is still operational despite the recent Russian attack on a Ukrainian civilian ship, Ukrainian Deputy Prime Minister Oleksandr Kubrakov said on Thursday, November 9. Ukrainian officials said on Wednesday that a Russian missile damaged a civilian ship flying the Liberian flag that …
Read More »Gold is approaching a 3-week low ahead of Powell’s comments
Gold approached its lowest level in three weeks on Thursday, November 9, as demand for safe havens resulting from the conflict in the Middle East faded, while investors awaited the Federal Reserve Chairman’s statements seeking more evidence on interest rates. Gold fell in instant transactions by 0.1% to $1,948.39 per …
Read More »Sony’s operating profits decline 29% in the second fiscal quarter
Sony announced Thursday, November 9, a 29% decline in operating profits in the second fiscal quarter, as the Japanese electronics giant suffered weakness in its chip business. Revenues amounted to 2.8 trillion Japanese yen, equivalent to “18.5 billion dollars,” compared to an expected 2.87 trillion yen, which represents an increase …
Read More »Japan’s Nikkei recovers at the close after positive business results
The Japanese Nikkei index achieved strong gains at the close on Thursday, November 9, ending losses that continued for two days, supported by strong business results that helped raise shares of energy companies and consumer goods. The Nikkei closed at an increase of 1.49%, recording 32,646.46 points, offsetting most of …
Read More »European stocks opened stable
European stocks began trading on Thursday on a stable note after the positions of European Central Bank policymakers reduced market optimism regarding interest rate cuts, while investors again awaited comments from Federal Reserve Chairman Jerome Powell. The European STOXX 600 index saw little change by 0810 GMT after touching the …
Read More »Nasdaq touches the desired target 9/11/2023
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Read More »Dow Jones building on support 9/11/2023
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Read More »CAD repeats the chances of rising 9/11/2023
The technical outlook for the pair remains unaltered, with no significant shifts in its movements. The currency pair has managed to sustain positive stability, finding a foothold on the support level of 1.3710. In today’s technical analysis, we are inclined towards a positive trading stance, drawing confidence from the pair’s …
Read More »USD/JPY breaks resistance 9/11/2023
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Read More »GBP maintains negative stability 9/11/2023
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