Eurozone’s Retail Sales rose by 0.3% MoM in February versus 0.6% expected and 0.2% last, the official figures released by Eurostat showed on Thursday. On an annualized basis, the bloc’s Retail Sales came in at 5% in February versus 8.4% recorded in January and 4.8% estimated.
Read More »European shares rise with the support of the healthcare sector
The healthcare sector helped European shares on Thursday recovered from a session that saw their worst performance in a month, even as investors remained wary of the Fed’s tightening minutes and Washington’s new sanctions against Russia. The pan-European Stoxx 600 index rose 0.5%, after losing 1.5% in the previous session. …
Read More »Gold Loses Luster as Dollar And Bond Yields Rise
Gold prices fell on Thursday as the dollar and bond yields rose after the US Federal Reserve reiterated its commitment to tightening monetary policy to tackle inflation, while uncertainty over the conflict in Ukraine limited bullion losses. And the price of gold fell in spot transactions by 0.2 percent to …
Read More »Japan’s Nikkei Hits a 3-Week Low Because of The Fed And China
Japan’s Nikkei fell on Thursday to a three-week low as investors worried about expectations of faster monetary policy tightening in the United States, the war in Ukraine, and COVID-19-related lockdown measures in China. The Nikkei fell 1.69 percent, the biggest decline since March 11, to close at 26,888.57 points, the …
Read More »Oil rises from 3-week low as fears of tight supplies persist
Oil futures rose on Thursday from a three-week low touched in the previous session after major consuming countries said they would release large amounts of oil reserves, while fears of tight supply still dominate market expectations. Brent contracts rose $1.48, or 1.5 percent, to $102.55 a barrel. And US crude …
Read More »German Dax is gradually declining 7/4/2022
The German DAX index incurred strong losses during the last session’s trading, after it succeeded in breaking the support of 14,350, we made it clear that will extend losses and open the door to 14,285 and 14,185, respectively, to record its lowest price of 14,041. Technically, we notice positive crossover …
Read More »Dow Jones faces selling pressure 7/4/2022
Oil, Crude, trading
Read More »CAD bounce back 7/4/2022
The Canadian dollar managed to rebound upwards during the previous session, touching the official target at 1.2560, to record the highest level at 1.2560. Technically, and carefully looking at the 4-hour chart, we notice that the pair is stable above 1.2500, accompanied by the positive motive for the 50-day moving …
Read More »Pound renews pressure on support 7/4/2022
Oil, Crude, trading
Read More »Gold unchanged 7/4/2022
Gold prices did not provide little change in mixed trading, the movements are still stuck within a sideways range, as we indicated during the previous analysis, confined from the bottom above the 1925 support level and from above below the 1940 resistance level, which succeeded in limiting gold’s rises during …
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