Gold prices rebounded on Tuesday as benchmark US Treasury bond yields declined and investors awaited economic data for clues about interest rates in light of the growing tensions in the Middle East. Gold rose in spot transactions 0.3 percent to $1,977.79 per ounce by 0712 GMT, while US gold futures …
Read More »European stocks rose supported by corporate profits and mining sector gains
European stocks rose on Tuesday, October 24, supported by large profits achieved by heavyweight companies such as the luxury goods giant Hermes and the Italian bank UniCredit, as well as gains in the mining sector resulting from the rise in metal prices. The European STOXX 600 index rose 0.2% by …
Read More »Oil prices rebound amid the uncertainty of the situation in the Middle East
Oil prices rose in early trading in Asia on Tuesday, October 24, recouping some of the previous day’s losses as investors continued to worry that the war between Israel and Hamas could escalate into a broader conflict in the oil-exporting region, causing potential supply disruptions. By 00:32 GMT, Brent crude …
Read More »Japan’s Nikkei stops 3-session losses and rises supported by buying declining stocks
The Japanese Nikkei index stopped a wave of losses that lasted for three consecutive sessions on Tuesday, October 24, and rose in a volatile session as investors bought distressed stocks when they fell. The Nikkei rose 0.2% to close at 31,062.35 points after falling 1.4% earlier in the session. The …
Read More »Nasdaq is waiting for a signal to move 24/10/2023
Oil, Crude, trading
Read More »Dow Jones touches the downside target 24/10/2023
Oil, Crude, trading
Read More »CAD press support 24/10/2023
Positive trades dominated the Canadian dollar’s movements yesterday. The currency was a few points away from the target it needed to achieve during the previous session, at 1.3745, and recorded its highest level at 1.3736. Technically, we are leaning towards negativity in our trading, relying on the beginning of pressure …
Read More »USD/JPY tends to be negative 24/10/2023
japanese-yen
Read More »GBP rises against USD 24/10/2023
Oil, Crude, trading
Read More »Oil is facing negative pressure 24/10/2023
Negative trading dominated the prices of US crude oil futures contracts, with a downward correction during the previous trading session. The official target stations were at $ 86.5 and $ 86.00; the lowest level posted was $85.40 per barrel. Technically, the simple moving averages have begun to exert negative pressure …
Read More »