European stocks retreated due to the drop in the Turkish lira and concerns about extending public isolation measures in Germany, while bank and travel companies took the biggest blow. The pan-European STOXX 600 index fell 0.5%, falling for a second consecutive session after hitting a year high last week. Global …

A European Union spokesman said today, Sunday, that the leaders’ summit scheduled for March 25-26 in Brussels will be held via video conference due to the increase in coronavirus cases across Europe. In a post on Twitter, Barend Leyts, spokesman for Charles Michel, President of the European Council that chairs …

Gold prices fell as investors preferred alternative safe-haven assets such as the US dollar and bonds after Turkey’s surprising decision to appoint a new central bank governor who was known to criticize high interest rates, which led to uncertainty over fiscal policy. Gold fell in the spot market 0.5 percent …

The lira partially recovered to 7.8 against the dollar on Monday, after falling 15% to an all-time low in early trade following President Recep Tayyip Erdogan’s shocking decision to dismiss the central bank governor. The lira tumbled as much as 8.4850 against the dollar from 7.2185 on Friday, returning to …

Japanese stocks plunged as carmakers were hit after a fire broke out at a factory owned by a semiconductor supplier Renesas Electronics, sparking fears that vehicle production would be hit by further shortages of chips. The Nikkei continued to perform below the level of the broader market after the Bank …

Oil prices fell again, with renewed fears that general isolation measures in Europe could slow an expected recovery in demand for fuel products. Brent fell 34 cents, equivalent to 0.5%, to $64.19 a barrel In Asian trading, US crude lost 21 cents, equivalent to 0.3%, to $61.21 a barrel. The …

The current movements of the German DAX index are witnessing a bearish tendency after it succeeded in breaching the support level of 14,700, which has now been converted into a resistance level. On the technical side, today we find the 50-day moving average is pressing the price from the top, …

The Dow Jones industrial average found a strong resistance level around 32,850, after several consecutive sessions of incline, as the current movements of the index witnessed a slight bearish slope due to the stability of intraday trading below 32740. Technically speaking, today indicates the possibility of a temporary bearish bias …

The pound fell against the yen during last Friday’s trading, touching the first target to be achieved, which is located at 150.55, recording its lowest price of 150.27. On the technical side, today there are some positive signs that started appearing on the stochastic indicator, but the 50 day moving …

The Canadian dollar succeeded in its gradual rise to the upside, approaching a few points difference from the first target required to be achieved at 1.2560, recording a high of 1.2550. Technically, and with a closer look at the interval chart, we find the pair managed to build a base …