Japan’s Nikkei index ended trading on Monday with a decline as investors remained cautious as they awaited indications from Central Bank of Japan Governor Kazuo Ueda regarding a possible change in ultra-loose monetary policy. The Nikkei fell 0.64 percent to close at 32,758.98 points, and the broader Topix index fell …
Read More »Gold rises on the back of declining bond yields
Gold prices rose on Monday, supported by weak bond yields, as investors awaited US inflation data scheduled to be published later this week in search of more indications about the path the Federal Reserve will take on interest rates after an easing trend last week. Gold rose in spot transactions …
Read More »Oil rises almost 1 percent with a decline in Russian exports and an increase in attacks in the Red Sea
Oil prices rose nearly 1 percent in early Asian trading on Monday, supported by a decline in exports from Russia and increased fears of supply disruptions due to Houthi attacks on ships in the Red Sea. Brent crude futures increased 69 cents, or 0.9 percent, to $77.24 per barrel by …
Read More »Eurozone Contraction Fuels Currency Market Worries, Dollar Under Pressure
On December 15, today’s economic data paints a concerning picture of ongoing contraction in industrial activity across Europe. S&P Global’s industrial purchasing managers’ data reveals a persistent downturn, holding steady at 44.2 in the eurozone for December, matching November’s level, contrary to the expected 44.5. In addition, the services purchasing …
Read More »European stocks rise heading for a weekly gain
Energy and mining stocks led European stocks to rise on the last day of a week filled with major central bank decisions on monetary policy, as the US Federal Reserve set the tone for market expectations regarding the prospects for lowering interest rates. By 0805 GMT, the European STOXX 600 …
Read More »Dollar declines amid increasing possibilities of a US interest rate cut
The dollar is on track to record its largest weekly decline against other major currencies since July, affected by the increasing possibility of a cut in US interest rates next year, while the euro and the pound received support on Friday as central banks in Europe continue their tendency to …
Read More »The Japanese Nikkei rises
Japan’s Nikkei index achieved gains on Friday, supported by the cessation of the yen’s rise, which was affecting the earnings expectations of exporting companies. The Nikkei ended Friday’s session up 0.87 percent to 32,970.55, recording a weekly gain of 2.05 percent, ending a series of losses for two consecutive weeks. …
Read More »Oil prices are heading to record first weekly gains in two months
Oil prices rose in early Asian trading on Friday and are on track to record their first weekly gains in two months, benefiting from the decline in the dollar and optimistic expectations from the International Energy Agency about oil demand next year. Brent crude futures rose nine cents to $76.70 …
Read More »Nasdaq is trying to maintain positive stability 15/12/2023
Oil, Crude, trading
Read More »Dow Jones continues to make gains 15/12/2023
Oil, Crude, trading
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