Investor Confidence in the Eurozone rose to -18.9 in August from -22.5 in July, according to Eurozone Sentix. The market expected a result of -23.4. “Germany, in particular, has become the sick man of the Eurozone and is weighing heavily on the region,” Sentix Managing Director Patrick Hussy said in …
Read More »European stocks decline as investors await inflation data
European stocks fell Monday, August 7th at a time when investors are assessing the potential impact of a US jobs report on future monetary policy moves in the United States, and they are also anticipating important data on inflation from several countries around the world this week. And by 07:03 …
Read More »Japanese Nikkei index reversed the trend and closed higher
Japan’s Nikkei index reversed course to close higher on Monday as investors changed their outlook after local companies posted strong earnings, and Astelas Pharmaceuticals rose after a drug it produces received US approval. The Nikkei index rose 0.19 percent to close at 32,254.56 points, after falling at the beginning of …
Read More »Gold rises with the decline of USD and yield on treasury bonds
Gold prices rose Monday, August 7th, after data showing slower-than-expected job growth in the United States negatively affected the dollar and the yield on Treasury bonds, to retreat from high levels they reached recently. Investors are anticipating an inflation test this week that may affect the path of raising interest …
Read More »Nasdaq is facing temporary negative pressure 7/8/2023
Oil, Crude, trading
Read More »Dow Jones tends to fall 7/8/2023
Oil, Crude, trading
Read More »CAD maintains a gradual climb 7/8/2023
Positive trading dominated the movements of the Canadian dollar during the previous trading session to end its weekly dealings above 1.3350, and the current movements of the pair are witnessing stability around 1.3377. Technically, we tend to be positive in our trading depending on the positive impulse from the 50-day …
Read More »GBP is retesting the resistance 7/8/2023
Oil, Crude, trading
Read More »Oil continues to make gains 7/8/2023
US crude oil futures prices jumped by the end of last week’s trading to achieve noticeable gains during the American period, recording a high of $83.26 per barrel. Today’s technical outlook. Closer looking at the 240-minute chart, we notice the continuation and regularity of work within the bullish channel and …
Read More »Gold is waiting for further decline 7/8/2023
Gold prices remained downward during last week’s trading, recording its lowest level last Friday at $1924 per ounce. Technically, and by looking at the 240-minute chart, the price is stable below the strong resistance level of 1945, in addition to the continuation of the negative impact of the bearish technical …
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