The Bank of Canada (BoC) will announce its monetary policy decisions at 14:00 GMT. here are the expectations as forecast by the economists and researchers of Three major banks TDS “We expect the BoC to argue that the inflation surge is largely transitory, and to hold forward guidance for the …
Read More »European Shares Fall on Lower Mining Sector
European shares fell on Wednesday, with mining stocks leading losses after concerns about Chinese government intervention impacting metal prices, while mixed corporate earnings data kept investors on the alert. The pan-European Stoxx 600 index fell 0.2 percent but settled just below its August high. Asian technology stocks fell on an …
Read More »Market Drivers – Asian Session 27-10-2021
The Nikkei index fell eight points to close at 29,098.24 points, maintaining most of the gains it made in the past days, which amounted to about 500 points. The index had fallen earlier today to 28,870.25 points. But the broader Topix index fell 0.23 percent to 2013.81 points. In a …
Read More »Nikkei Recovers Early Losses to Close Flat
The Nikkei index recovered its previous losses to end the day unchanged, as strong results for companies supported the market, despite the effect of the state of caution and anticipation ahead of the parliamentary elections at the weekend. The Nikkei index fell eight points to close at 29,098.24 points, maintaining …
Read More »Crude Oil Fell by 1% Post Data
Oil, Crude, trading
Read More »German Dax Maintains Bullish Trend
The German DAX index managed to achieve noticeable gains within the bullish context, as we expected, surpassing the second target that is required to be achieved 15730, recording the highest price of 15780. On the technical side today, and with careful consideration of the 60-minute time frame, we find the …
Read More »Dow Jones Touches The First Goal
Oil, Crude, trading
Read More »GBP/JPY: Tends to Fall
Mixed trading dominated the pound’s movements against the Japanese yen within a bullish context that is close to achieving our required target of around 157.90, recording the highest level at 157.80. On the technical side today, the price is witnessing stability below the 157.60 level, and we notice the negative …
Read More »CAD Built on Support And Eyes on BoC
The Canadian dollar built on the support published in the previous analysis at 1.2350, retest the resistance level of the psychological barrier 1.2400, recording the highest level at 1.2399. Technically, and carefully looking at the 4-hour chart, we notice the return of the simple moving averages to hold the price …
Read More »The British Pound Hits The Resistance
Oil, Crude, trading
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