There was little change in gold prices on Wednesday, as investors awaited the latest statements and expectations regarding interest rates from Federal Reserve Chairman Jerome Powell after the US central bank’s monetary policy meeting. By 0938 GMT, spot gold prices stabilized at $1,930.09 per ounce, remaining below its highest level …
Read More »Electric car sales in European Union countries exceed 20% in August
Data from the European Automobile Manufacturers Association showed on Wednesday that for every five new cars sold in European Union countries during the month of August, more than one was fully electric, and sales of zero-emission cars more than doubled. The association said that fully electric models represented 21 percent …
Read More »European stocks rise ahead of Fed
European stocks rose on Wednesday ahead of the Federal Reserve’s interest rate decision later in the day, while British data showing inflation fell more than expected in August helped British stocks outperform their peers in the region. The European STOXX 600 index rose 0.3 percent after losses for two consecutive …
Read More »Producer prices in Germany recorded their largest decline ever
Producer prices in Germany recorded their biggest year-on-year decline in August since data collection began in 1949, raising hopes that inflation will continue to ease in Europe’s largest economy. The Federal Statistics Office reported on Wednesday that producer prices fell by 12.6 percent year-on-year. Analysts polled by Reuters had expected …
Read More »Oil falls ahead of Fed
Oil prices fell, becoming further away from their highest levels in ten months on Wednesday, ahead of the announcement of the Federal Reserve’s decision on the interest rate, amid a state of uncertainty among investors about when interest rates will reach their peak and the extent of this impact on …
Read More »Nasdaq: Negative pressure remains 20/9/2023
Oil, Crude, trading
Read More »Dow Jones achieves bearish targets, eyes on the Fed 20/9/2023
Oil, Crude, trading
Read More »CAD trying to recover 20/9/2023
The Canadian dollar succeeded in achieving the bearish targets required to be achieved during the previous technical report at 1.3400, and approaching the official target around 1.3365, recording its lowest level at 1.3380. Technically, we are leaning towards positivity in our trading, but with caution, relying on the positive crossover …
Read More »USD/JPY awaits new gains 20/9/2023
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Read More »GBP may witness further decline 20/9/2023
Oil, Crude, trading
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