Gold selling continued on Tuesday and recorded the longest losing streak since August 2022 in the last session after Federal Reserve (US central bank) officials confirmed the possibility of interest rates remaining high, while job vacancy data in the United States is released later on Tuesday. Gold fell in spot …
Read More »European stocks are under pressure as US bond yields continue to rise
European stocks extended losses on Tuesday as rising US Treasury yields and the dollar pressured high-risk assets such as stocks and commodities, while a pessimistic outlook from the financial brokerage sector weighed on fashion retail companies. Strong economic data and the US Congress’ approval of a financing bill to avoid …
Read More »Inflation in Türkiye rose to 61.53% in September, close to expectations
Annual consumer price inflation in Turkey rose to 61.53 percent in September, official data showed on Tuesday, slightly lower than expected and rising for the third month in a row as a result of tax increases and a recent decline in the lira. The consumer price inflation rate recorded 4.75 …
Read More »Japan’s Nikkei falls to its lowest level in 4 months
Japan’s Nikkei index fell to its lowest level in four months on Tuesday, with rising US Treasury yields weighing on investor sentiment and the Federal Reserve’s pledge to prolong fiscal tightening. The Nikkei index extended its losses in the afternoon, falling to 31,157.40 for the first time since June 1, …
Read More »Nasdaq to be watched 3/10/2023
Oil, Crude, trading
Read More »Dow Jones: Negative pressure remains 3/10/2023
Oil, Crude, trading
Read More »CAD touches the extended goal 3/10/2023
The Canadian dollar jumped to achieve substantial gains within the expected positive outlook during the previous report, touching the official target to be achieved at 1.3670, recording its highest level during the morning period of today’s session at 1.3705. Technically, and with a closer look at the 4-hour time frame …
Read More »JPY needs to break the resistance 3/10/2023
japanese-yen
Read More »GBP returns to negativity 3/10/2023
Oil, Crude, trading
Read More »Oil touches corrective targets 3/10/2023
Negative trading dominated the prices of US crude oil futures within the expected downward correction during the previous technical report, exceeding the required targets to reach the official target of 88.70, recording its lowest level of $87.80 per barrel. Technically, oil failed to maintain trading above 89.40. This previously broken …
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