Eurozone’s Retail Sales fell by 1.2% MoM in June versus 0.0% expected and 0.4% last, the official figures released by Eurostat showed on Wednesday. On an annualized basis, the bloc’s Retail Sales came in at -3.7% in June versus 0.4% recorded in May and -1.7% estimated. Separately, Eurozone’s Producer Price …

European shares fell in early trading on Wednesday, ahead of key business growth data, as broader markets awaited the potential fallout from US House Speaker Nancy Pelosi’s visit to Taiwan. The pan-European Stoxx 600 index was down 0.2 percent by 7:10 GMT. Investors are awaiting important data on business and …

Japan’s Nikkei index closed higher on Wednesday, recovering from the previous session’s losses, as investors turned to Daikin Industries and other companies that posted solid gains. The Nikkei index rose 0.53 percent to 27,741.90 points, falling 1.42 percent on Tuesday, its biggest daily loss in three weeks. The broader Topix …

Starbucks on Tuesday reported better-than-expected quarterly earnings and revenue, despite lockdowns in China Here’s what the company reported for the quarter ended July 3 compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Here’s what the company reported for the quarter ended July 3 …

Oil, Crude, trading

GBP/JPY succeeded in touching the first target required to be achieved during the previous trading session at 159.50, recording its lowest level at 159.44, which forced it to rebound upwards as a result of hitting the mentioned support. Technically, we find the 50-day simple moving average pressuring the price from …

The technical outlook is unchanged, and the Canadian dollar’s movements did not change much, maintaining the negative stability below the 1.2885 resistance level. Technically, we tend to the negativity, relying on the support of the 50-day simple moving average for the bearish bias, which is exerting its negative pressure, in …

Oil, Crude, trading

Gold prices achieved the first target mentioned in the previous technical report in 1783, recording its highest level in 1788, retreating from it to the downside within the technique of retesting the support around the price of 1755. Today’s technical vision on the 4-hour time frame indicates the price stability …

Mixed trading dominated the movements of the euro-dollar, heading to approach the first official station targeted during the previous report 1.0300, to settle for recording the highest level at 1.0293, which formed a strong resistance level around the psychological barrier that forced the pair to the downside to retest the …