Gold prices succeeded in achieving the negative outlook, as we expected, in which we relied on trading below the 1833 level, heading to visit the first target to be achieved, 1818, recording its lowest level at 1818.60. On the technical side, the current movements of gold are witnessing attempts to …

Narrow-range sideways trades dominate the moves of the EUR/USD pair, which consolidate from the top above the support level of 1.2100 and from downside below the resistance level at 1.2180, and the technical outlook has not changed little. Technically speaking, with a closer look at the 240-min chart, we find …

A spokesperson for the German health ministry said on Monday that they will have 3-4 million doses of the coronavirus vaccine developed by Pfizer and BioNTech in January and will bring the total amount to 11 million by March, per Reuters.

Eurozone government bond yields rose, away from one-month lows in trading on Monday, like the recent extension of Brexit talks eased fears of a messy divorce Brexit. Eurozone and UK Treasury yields ranged 1 to 3 basis points, with Germany’s 10-year yield, the benchmark for the bloc, rising 1.5 basis …

British Prime Minister Boris Johnson’s spokesman said on Monday that it’s still possible that they will not be able to reach a trade deal with the European Union due to remaining gaps, as reported by Reuters. “Time is in very short supply and has been for some time,”.”We remain hopeful …

Industrial Production in the Eurozone rose by 2.1% on a monthly basis in October following September’s modest growth of 0.1%, the data published by the Eurostat showed. This reading came in slightly better than the market expectation of 2%. Further details of the publication revealed that Industrial Production in the …

European stocks rose Monday, December 14th, as the decision to extend trade talks between Britain and the European Union kept hopes for an agreement, but the leading stocks in London were negatively affected by the rise of the British pound and AstraZeneca down by 6.3%. The European Stoxx600 index rose …

Oil prices rose on Monday, December 14th, to push Brent above $50 a barrel again thanks to hopes that the start of using Coronavirus vaccines will lead to increased demand for fuel, while an oil tanker explosion in Saudi Arabia has caused tension in the market. Brent crude futures for …

The pound rose against the dollar and the euro thanks to hopes that Britain and the European Union would reach a free trade agreement after the decision to extend negotiations after the previous deadline expired on Sunday. The dollar traded near its lowest level in two and a half years …

Official data showed Turkey’s industrial production rose 10.2% year-on-year in October, continuing to rise for the fifth consecutive month in recovery from a slowdown caused by anti-Coronavirus pandemic closures until June. Compared to the previous month, industrial production increased 1.1% in October, according to the Turkish Statistical Institute. Turkey recorded …