Britain has laid out detailed plans to ban Huawei from its 5G networks, and has set a deadline in September 2021 for telecom operators to stop installing the Chinese company’s equipment. The UK government decided to ban Huawei’s 5G equipment over the summer, and reverse course after mounting pressure from …

Crude oil prices fell on Monday, November 30, as investors awaited the decision of the OPEC+ producers’ group on whether to extend large production cuts to balance global markets, but the hopes of the vaccine helped keep the two benchmarks on a path of more than a fifth since the …

Data showed that Turkey’s economy grew more than expected at 6.7% in the third quarter, to recover after shrinking about 10% in the previous quarter due to the general isolation measures that were imposed to reduce infections during the first wave of the outbreak of the Coronavirus. This sudden growth, …

Data from the Turkish Statistical Institute showed that the country’s foreign trade deficit rose 34.4% year-on-year in October to $ 2.37 billion under the general trade system. The institute stated that Turkey’s exports increased by 5.6% and imports rose 8.4% compared to October 2019. In the first ten months of …

The benchmark index of European stocks opened lower on Monday, November 30, amid a focus on negotiations over the Brexit deal, but it is still on track to record its best monthly performance ever thanks to the prospect of easing coronavirus restrictions and the hopes of a Covid-19 vaccine. After …

Crude oil futures were trading lower on Monday morning, with markets closely watching the results of the two-day meeting of OPEC and its allies, known as OPEC +, in which the next steps for production policy are discussed. The meeting may start at 13:00 GMT Monday. Russia has not yet …

The German DAX Index opened its first weekly trading with a bullish bias, heading to touch the first official goal mentioned in the previous analysis at 13,340, to post its highest level during the morning session at 13,361. On the technical side, and with the index’s success in retesting the …

Positive trading dominated the movements of the Dow Jones, surpassing the second required target achieved last Friday at a price of 29,890, posting its highest level of 29,976. On the technical side today, and despite the current slight bearish bias, we tend to be positive, depending on the RSI’s attempts …

Negative trading dominated the pound’s movements against its Japanese counterpart within the expected bearish context during the previous report, to touch the first required target of 138.65, posting its lowest level at 138.42. On the technical side today, despite the slight bearish bias, we believe that building a base above …

The Canadian dollar continues to pressure the strong support level at 1.2990 within the continuation of the bearish path for the third consecutive session. Technically, with a closer look at the 4-hour interval chart, we notice the continuation of the negative pressure coming from the 50-day moving average, in addition …