The Egyptian Ministry of Trade and Industry said that the trade balance deficit decreased by about 17% year-on-year in 2020 to $ 38.291 billion. The ministry added in a press statement that non-oil exports decreased by 1% to 25.295 billion dollars in 2020, while imports fell 12% to 63.587 billion …

Gold prices rose today, Tuesday, to rise from the one-and-a-half-month low they reached in the previous session, as the US dollar retreated, while the yellow metal, which is considered a safe haven, received support from the prospects of injecting more stimulus into the global economy. Spot gold rose 0.1% to …

Japanese stocks closed higher, after falling for two consecutive sessions, as investors held decliners, while carmakers and semiconductor stocks led the rally. The Nikkei index rose 1.39% to 28,633.46 points, while the broader Topix index rose 0.56% to 1,855.84 points. Sentiment was boosted after Chinese data released on Monday raised …

Turkey banned ads on Twitter, Periscope and Pinterest after these platforms did not appoint local representatives in the country under a new social media law, according to decisions published on Tuesday. The law stipulates that social media companies that do not appoint local representatives will be subject to a set …

European stocks rose after Asian markets rose on optimism about the Chinese economy, while sentiment was supported by positive earnings reports from the Minera Rio Tinto and Logitech, a maker of computer accessories. The European STOXX 600 index gained 0.4%, while the German DAX and the French CAC 40 index …

Bitcoin was able to confirm the breach of the resistance level at 35,560. To remind us, we indicated during the previous analysis that a catalyst breach it strengthens the chances of a rally towards 35,850. To record its highest level at 36,624. In our trading, we tend to be negative, …

The German DAX opened its daily trading with a bullish bias after finding a solid support floor around 13670. Technically speaking, with trading remaining above 13760, accompanied by the positive motive of the 50-day simple moving average. The bullish bias is likely today targeting 13,890/13,895 the first target, bearing in …

The Dow Jones industrial average started trading today with a slightly bullish bias after it managed to build a base on the support floor 30,730/30,720. On the technical side, today we are biased towards the positive, but cautiously, depending on the positive signals coming from the RSI. Therefore, with the …

Positive trades dominated the movements of the pound sterling against the Japanese yen, as the current trading witnessed stability near the highest level of at 141.55. On the technical side, we tend to be positive, relying on the positive motive of the 50-day moving average, which came back to hold …

The Canadian dollar found a strong resistance level near the psychological barrier of 1.2800, which was able to limit the bullish correction mentioned in the previous analysis Technically, and despite the current bearish bias, we tend to be positive, relying on trading stability above 1.2700 / 1.2690 accompanied by stochastic …