Germany’s exports to Russia fell 57.5 percent to 1.1 billion euros ($1.2 billion) in March due to sanctions imposed on Moscow after its invasion of Ukraine, the German Federal Statistics Office said on Thursday. This pushed Russia down from the fifth largest market for Germany outside the European Union in …
Read More »European shares stabilize in volatile trading
European shares settled on Thursday in volatile trading after a series of positive corporate results, while mining stocks fell more than two percent with Anglo American slumping after it cut production expectations. The pan-European Stoxx 600 index was little changed by 0723 GMT. Mining stocks fell 2.4 percent, leading the …
Read More »Japan Stocks at its highest level in two weeks, supported by technology
Japan’s Nikkei stock index rose on Thursday to its highest level in more than two weeks, supported by technology companies after the decline in long-term US bond yields Wednesday evening. The Nikkei index closed up 1.23 percent to 27,553.06 points, the highest level since April 5, when the broader Topix …
Read More »German Dax returns to gains 21/4/2022
Oil, Crude, trading
Read More »Dow Jones extends gains 21/4/2022
Oil, Crude, trading
Read More »CAD facing selling pressure 21/4/2022
The Canadian dollar declined noticeably, canceling the expected positive outlook in the previous analysis, in which we relied on the stability of trading above the 1.2570 level. Accordingly, we indicated that any trading below 1.2570 will postpone the attempts to rise and put the pair under negative pressure to target …
Read More »The pound is building on psychological barrier support 21/4/2022
Oil, Crude, trading
Read More »Gold Trying to Rise 21/4/2022
Gold prices repeated their attempts to rise again, benefiting from stability above the 1940 support level, rebounding to the upside to retest the previously broken support level that turned into the 1959 resistance level. On the technical side, the 50-day simple moving average is still trying to pressure the price …
Read More »The euro attacks the resistance 21/4/2022
We adhered to intraday neutrality during the previous analysis, explaining that we prefer to monitor the price behavior of the pair around the 1.0770 support level, explaining that the pair’s success in building the level above, in addition to confirming the breach of 1.0840, leads the pair to recover, targeting …
Read More »The Japanese yen is at its lowest level in 20 years
The Japanese yen hit a new record low on Wednesday at a 20-year low after the Bank of Japan again intervened defending ultra-low interest rates in Japan, widening the spread with the United States as bond yields hit fresh new hard highs. The Bank of Japan again offered to buy …
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