A survey on Tuesday (December 1st) showed that British factories registered the fastest growth in nearly three years last month as they stockpiled raw materials and scrambled to complete work before new customs rules after Britain’s exit from the European Union came into effect on January 1. The IHS Markit …

Real Gross Domestic Product (GDP) in Canada grew by 8.9% on a quarterly basis in the third quarter after contraction by 11.3% in the second quarter, the data published by Statistics Canada showed on Tuesday. On a yearly basis, the economy expanded by 40.5% in Q3 and missed the market …

The Turkish lira fell on Tuesday, December 1, by 1% against the dollar, after the government imposed new general isolation measures for the weekend and other measures to combat a record jump in infections and deaths from the Coronavirus. The currency fell to 7.91 by 08:30 GMT. The currency stabilized …

A preliminary estimate from the European Union statistics office Eurostat showed that consumer prices in the euro area fell more than an expected year on year in November, weighed by a sharp drop in energy costs. Eurostat said that inflation in the 19 euro-zone countries registered -0.3% on an annual …

The US dollar, under pressure on Tuesday, December 1, gave up some of the gains it had made by the end of the month, as investors expect a further monetary easing from the US Federal Reserve and rallying recovery elsewhere. The Australian and New Zealand dollars, which are highly risk-sensitive, …

A survey of businesses in China showed activity in the factory sector accelerated at the fastest pace in a decade in November, as the world’s second-largest economy recovers to pre-epidemic levels. The Caixin / Markit Manufacturing PMI rose to 54.9 from 53.6 in October, with the index staying above the …

Gold prices rose on Tuesday, December 1, after heavy selling that pushed it to its lowest level in nearly five months in the previous session, to renewed interest in the yellow metal, which represents a safe haven in light of the high number of cases of Covid-19, which blurred the …

Japan’s Nikkei index closed Tuesday, December 1, near its 29-and-a-half-year high, tracking gains in US equity futures thanks to growing optimism that major pharmaceutical companies will introduce a coronavirus vaccine before the end of the year. The benchmark Nikkei Index rose 1.34% to close at 26,787.54 points, near its highest …

The German DAX index posted noticeable gains within the expected bullish path, touching the second target to be achieved, mentioned in the previous analysis, at 13,420, recording a peak at 13,441. Technically, with the index being able to build on a support floor of 13,260, in general above strong support …

The Dow Jones Industrial Average witnessed positive trading, surpassing the first desired target mentioned in the previous analysis at 29,870, Posting a high of 29,917. Technically, looking at the 60-minute chart, we find the RSI is stable above the mid-50 line, accompanied by the positive stimulus coming from the 50-day …