Gold prices experienced significant losses during yesterday’s trading session, in line with our previous technical analysis, reaching the official targets set at $2290 per ounce. The lowest point was recorded at $2281 per ounce during early trading. Today’s technical outlook suggests a potential continuation of the downward correction, with trading …

The euro continues its downward trajectory against the US dollar as anticipated in the previous technical report. Trading remains below the critical resistance level of 1.0715, with the currency pair approaching the initial target of 1.0660. During today’s Asian trading session, the euro touched its lowest level at 1.0654. Analyzing …

Preliminary data from the Federal Statistical Office released on Tuesday indicated that the German economy narrowly avoided a recession at the outset of this year, experiencing slight but better-than-expected growth, propelled by exports and investments in the construction sector. In the first quarter, the economy saw a modest expansion, with …

In April, the inflation rate in the euro zone remained stable in line with analysts’ expectations, while the core inflation rate showed a slight slowdown. Data released today, Tuesday, April 30, revealed that the consumer price index in the euro zone increased by approximately 2.4% this month, matching both analysts’ …

Gold is on track for its third consecutive month of gains despite experiencing a price decline on Tuesday. This was driven by a strengthening dollar ahead of the Federal Reserve’s monetary policy meeting. Spot gold fell by 0.6 percent to $2,320.54 per ounce by 06:32 GMT, while US gold futures …

On Tuesday, the yen retraced some of its substantial gains from Monday, attributed to potential intervention by Japanese authorities. The Japanese currency declined by 0.40 percent to 157.00 against the dollar, moving away from its 34-year low of 160.245 recorded on Monday. Traders speculated that Tokyo intervened by purchasing yen, …

On Tuesday, the Japanese Nikkei index surged, mirroring the strong performance of Wall Street the previous night. Investors eagerly awaited the outcome of the Federal Reserve meeting, seeking insights that could impact the Japanese currency exchange rate. The Nikkei climbed by 1.24 percent to close at 38,405.66 points. However, the …

European indices displayed mixed performance at the outset of trading on Tuesday, April 30, as investors kept a close watch on the earnings reports of European companies and banks, while also anticipating the upcoming US Federal Reserve meeting. In trading, the STOXX600 index edged down by less than 0.1% to …

Oil prices experienced a decline in early trading on Tuesday as ceasefire discussions between Israel and Hamas in Cairo provided a sense of relief, easing concerns about the escalation of conflict in the Middle East. However, apprehensions regarding the outlook for US interest rates weighed on the market sentiment. By …

Oil, Crude, trading