Asian stocks showed mixed performance on Monday, with most markets trading in a flat-to-low range as investors awaited crucial economic indicators scheduled for later this week. Japan’s Nikkei 225 index retreated from record highs, while Chinese stocks remained largely flat amid concerns over potential US export restrictions and positive signals …

Oil Prices Inch Up Amid Global Supply Concerns Early Asian trading on Monday saw a modest rise in oil prices, driven by mounting worries over global supply shortages amidst escalating conflicts in the Middle East and the ongoing Russia-Ukraine war. Additionally, a decline in the number of American oil exploration …

Oil prices found stability on Friday, with Brent crude hovering above the $85 per barrel mark, buoyed by growing optimism about a potential ceasefire in Gaza. Brent crude futures remained virtually unchanged at $85.76 per barrel, while US West Texas Intermediate crude futures edged up slightly to $81.08 per barrel …

In a surprising turn, German business morale saw improvement in March, surpassing analyst expectations, according to a survey released on Friday by the Ifo institute. Despite this positive development, concerns persist about the possibility of Europe’s largest economy slipping into another recession. The Ifo business climate index rose to 87.8, …

Japan’s Nikkei index reached an all-time high on Friday, propelled by record gains on Wall Street and a surge in automaker stocks driven by a weakening yen. The Nikkei climbed 0.18 percent to close at 40,888.43, briefly touching 41,087.75 during the session, surpassing its previous peak. This milestone comes as …

Data released on Friday revealed that residential property prices in Germany plummeted by 8.4% in 2023 compared to the previous year, marking a significant downturn for the real estate sector in Europe’s largest economy. This decline represents the largest drop since Germany’s statistics office began keeping records in 2000, highlighting …

British retail sales defied expectations by holding steady in February, following a revised 3.6% increase in January, according to figures released by the Office for National Statistics on Friday. Economists surveyed by Reuters had anticipated a 0.3% decline in sales volumes for the month. Heather Bovill, senior statistician at the …

Oil prices dipped on Friday amidst speculation of an imminent ceasefire in Gaza, potentially easing geopolitical tensions in the Middle East. Additionally, a stronger dollar and subdued U.S. gasoline demand weighed on market sentiment. Brent crude futures edged lower by 53 cents, or 0.6%, to $85.25 a barrel, while U.S. …

Positive momentum continued to drive the movements of the Canadian dollar, with the currency reaching its peak at 1.3565 after breaking through the psychological resistance level of 1.3500 and establishing stability above it. In terms of technical analysis today, we maintain a bullish outlook, supported by the currency’s ability to …

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