Negative pressure still dominates gold prices after it failed to maintain the intraday positive stability above 1746 level, within a gradual decline to the downside, recording its lowest level near the strong support level 1734. On the technical side today, the simple moving averages continue the negative pressure on the …

A downward trend dominated the movements of the Euro-dollar pair during the previous trading session within the expected downward track mentioned in the last report, approaching by a few points by the first target 1.0210, to suffice for recording its lowest level at 1.0222. Technically, and with a closer look …

On November 1 New Zealand house prices showed the first sign of strain, with their first annual fall in more than 11 years. Prices fell 0.6% from the previous year, and values fell for a 7th consecutive month. This is due to the affordability challenge for buyers either getting new …

Retail Sales in Canada declined by 0.5% on a monthly basis in September, the data published by Statistics Canada revealed on Tuesday. This reading followed August’s increase of 0.4% and came in slightly better than the market expectation for a decrease of 0.7%. Further details of the publication revealed that …

Official data showed on Tuesday that Turkey’s consumer confidence index rose 0.6 percent to 76.6 points in November, continuing its recovery from a record low of 63.4 in June, despite continued high inflation. The biggest improvement was in confidence in the expectations of the general economic situation during the next …

The price of the dollar stabilized on Tuesday after rising the previous day, as investors flock to the safe-haven currency in light of fears of an increase in Corona infections in China, while the Bitcoin currency is under pressure after fears related to the repercussions of the collapse of the …

European stocks rose on Tuesday, supported by a rebound in commodities stocks after falling in the previous session, as investors searched for mixed signals from European Central Bank policymakers over their stance on interest rates. The pan-European Stoxx 600 index rose 0.2 percent, nearing its highest level in more than …

European Central Bank policymaker Robert Holzmann said on Tuesday he has not decided how he will vote at the next rate-setting meeting in December but unless there is a significant improvement he will favour an increase of 0.75 points. Holzmann told a news conference he could not decide between 0.5 …

Oil prices were little changed on Tuesday after fears of a global recession and concern that rising coronavirus infections in China would dampen demand from the world’s largest crude oil importer were offset by a falling US dollar. Brent crude futures rose 30 cents, or 0.3 percent, to $87.75 by …

Japanese stocks closed higher on Tuesday as the yen’s decline against the dollar boosted expectations of better performance by local manufacturing companies. Still, caution ahead of the Federal Reserve’s monetary policy statement limited gains. The Nikkei index rose 0.61 percent to close at 28,115.74 points, while the broader Topix index …