The US public debt has crossed the $30 trillion barrier for the first time ever, with government lending accelerating during the “Corona” pandemic to contain the virus’ repercussions on the economy. According to US Treasury data released on Tuesday, the US public debt has risen by about seven trillion dollars …
Read More »European Shares Rise, Boosted by Strong Earnings
European shares rose for the third session in a row on Wednesday, recovering about half of their losses in January, as the positive impact of strong corporate results outweighed the impact of concerns about rising interest rates ahead of the European Central Bank’s decisions expected on Thursday. The pan-European Stoxx …
Read More »Japanese Stocks Rise After US Stocks Rise Overnight
Japanese stocks closed higher on Wednesday after an overnight rally in US stocks improved risk appetite, prompting investors to buy stocks that saw last month’s sell-off and stocks of companies with strong expectations. The Nikkei index rose 1.68% to close at 27533.60 points, while the broader Topix index rose 2.14 …
Read More »German Dax: Gets Positive Signals 2/2/2022
The German DAX index witnessed a positive session, recording its highest level during the early trading of the current session around 15,680. On the technical side, the index found an excellent support floor around 15,550, and the RSI continues to defend the positive moves and gets more bullish momentum, stable …
Read More »Dow Jones Needs Confirmation 2/2/2022
Oil, Crude, trading
Read More »GBP/JPY: Building on Support 2/2/2022
Positive moves returned to dominate the movements of the GBP/JPY building on a support level of 154.50, which helped the pair rebound upwards, and it is now hovering around its highest level during the early trading of the current session 155.20. On the technical side today, and with careful consideration …
Read More »The Canadian Dollar: Trying to Hold on to The Support 2/2/2022
The technical outlook is unchanged, and the movements of the Canadian dollar did not change for the second consecutive session, trying to maintain its trades above the support level of 1.2660. Technically, and by looking at the 4-hour chart, we notice positive attempts that started appearing on stochastic to get …
Read More »British Pound: Positivity Needs Confirmation 2/2/2022
Oil, Crude, trading
Read More »Oil Maintains Gains, Eyes on OPEC 2/2/2022
Oil, Crude, trading
Read More »Gold Retests Support 2/2/2022
Gold prices found a strong resistance level around 1807, which limited the upside. As indicated during the last analysis, breaching the mentioned level is fundamental to resume the rise. Finding the resistance forced the price to trade negatively again and pushed it to retest the strong support floor 1797. Technically, …
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