European stock markets dipped on Tuesday, reversing some of Monday’s strong gains ahead of crucial eurozone inflation data. At 03:10 ET (08:10 GMT), Germany’s DAX fell 0.1%, France’s CAC 40 slipped 0.3%, and the U.K.’s FTSE 100 dropped 0.7%. Monday had seen impressive gains across European bourses, with the CAC …
Read More »Bitcoin Breaks Six Figures Amid Renewed Optimism and MicroStrategy Buying Spree
Bitcoin extended its rally on Tuesday, re-entering six-digit territory after recovering from a year-end slump. The cryptocurrency gained momentum from both institutional buying and anticipation surrounding President-elect Donald Trump’s upcoming policies. Bitcoin Performance Price as of 01:02 ET (06:02 GMT): $101,711.6 Daily Increase: 2.1%, briefly surpassing $102,000 earlier in the …
Read More »Noor Capital | Interview with Mohammed Hashad on CNBC – Jan 06, 2025
In an interview conducted by CNBC Television, Mohamed Hashad, Head of Research and Development at Noor Capital and a member of the American Association of Technical Analysts, commented on and analysed key assets’ performance in the financial markets. Q: The year 2024 was remarkable for U.S. indices, with the Dow …
Read More »Noor Capital | Interview with Mohammed Hashad on Dubai TV – Jan 06, 2025
Commenting on key financial assets, in an interview with Dubai TV, Mohamed Hashad, Chief Strategist at Noor Capital and a member of the American Association of Technical Analysts, highlighted that markets are closely. Q: Let’s start with gold prices, which recorded significant gains over the past year. Do current conditions …
Read More »U.S. Stock Futures Edge Higher Amid Anticipation of Key Jobs Data
U.S. stock index futures opened the week on a positive note Monday, with investors focusing on upcoming economic data and Federal Reserve commentary. Market Performance as of 06:15 ET (11:15 GMT) Dow Jones Futures: Up 40 points (0.1%) S&P 500 Futures: Up 30 points (0.5%) Nasdaq 100 Futures: Gained 180 …
Read More »Euro Zone Economy Ends 2024 on a Weak Note
The euro zone’s economic activity contracted for the second consecutive month in December 2024, as ongoing weakness in the manufacturing sector overshadowed a modest recovery in services, according to the latest survey data. Key Economic Indicators HCOB Composite PMI: Rose to 49.6 in December from 48.3 in November, slightly above …
Read More »European Shares Rise Amid Technology and Banking Sector Gains
European stocks opened higher on Monday, supported by robust performances in the technology and banking sectors, as investors gear up for a week filled with crucial economic data, including inflation reports from Europe and jobs data from the United States. Market Highlights STOXX 600: Europe’s benchmark index rose 0.3% by …
Read More »Bitcoin Rises for the Seventh Session Amid Investor Optimism and Regulatory Uncertainty
Bitcoin extended its rally on Monday, marking a seventh consecutive session of gains. The cryptocurrency has been recovering from its year-end slump as investors cautiously monitor the regulatory landscape ahead of President-elect Donald Trump’s inauguration later this month. Key Price Movements Bitcoin: Gained 1.1%, trading at $99,513.7 by 01:35 ET …
Read More »Oil Prices Slide Amid Strong Dollar, Sanctions, and Fed Speculations
Oil prices edged lower on Monday, pressured by a strong U.S. dollar and market anticipation of upcoming key economic data and Federal Reserve policy signals. Concerns over sanctions on Iranian and Russian oil also weighed on sentiment, despite recent price gains supported by cold weather and fiscal stimulus measures in …
Read More »Gold Prices Slip as Dollar Strengthens Amid Hawkish Fed Signals
Gold prices dipped slightly in Asian trading on Monday, as a strengthening U.S. dollar and expectations of a slower pace of Federal Reserve monetary easing continued to weigh on the yellow metal. Hawkish remarks from Fed officials over the weekend added to the pressure on gold, signaling that interest rate …
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