The euro area economy expanded at an annual rate of 2.1% in the third quarter, Eurostat reported on Tuesday. This reading came in line with the flash estimate and the market expectation. Other data revealed that the euro area trade deficit narrowed to €34.4 billion in September from €52.4 billion. …

European shares started trading higher on Tuesday, boosted by major utilities and real estate stocks, after comments from more Federal Reserve officials dampened hopes of a shift in the bank’s policy. The Stoxx 600 index was up 0.1 percent by 0813 GMT. The utility index rose 0.9, topping the sub-indices …

Gold prices hit a three-month high on Tuesday as the dollar fell, amid hopes the Federal Reserve will ease its policy of raising interest rates in the future. Spot gold rose 0.5% to $1,779.94 an ounce by 0745 GMT, its highest since August 17. US gold futures rose 0.4 percent …

Japanese stocks rose on Tuesday, with investors holding on to shares that fell sharply, even as data showed a surprising economic contraction. The Nikkei index rose 0.1 percent to close at 27,990.17 points, while the broader Topix index rose 0.37 percent to 1964.22. Japan’s economy unexpectedly contracted for the first …

Oil, Crude, trading

A bearish tendency dominated the movements of the Canadian dollar during the previous trading session, within the expected bearish path, to settle for recording its lowest level at 1.3240. Technically and carefully considering the 240-minute time frame, we find positive crossover signs that started appearing on the stochastic indicator and …

Oil, Crude, trading

US crude oil futures prices managed to achieve the first target mentioned during the previous analysis at 89.65, recording the highest level at 89.82, to find a strong resistance level that forced it to trade negatively during the middle of the American session yesterday. Technically, the simple moving averages started …

The yellow metal prices maintained the expected bullish context during the previous analysis after it retested the 1753 level and returned to the bullish rebound towards the first target required to be achieved in the last analysis at 1772, recording the highest 1775. Today’s technical view indicates the possibility of …

The movements of the euro against the US dollar did not witness any change during the first trading sessions of this week, and the pair continues to maintain positive stability, reaching its highest level yesterday, 1.0366. On the technical side today, the simple moving averages continue to support the daily …