For the first time since the beginning of last May, Bitcoin, the largest cryptocurrency by value, succeeded in surpassing the $50,000 levels, which served as an important psychological resistance point for the bulls. According to analysts, testing the levels of $50,000 establishes new support levels above the $48,000 in an …

The US dollar fell against its rivals on Monday in a bout of profit-taking after posting its largest weekly rise in more than two months last week, supported by concerns about the global growth outlook, and the main source of investor concerns is the global importance of the Coronavirus delta …

The data published by the Federal Reserve Bank of Chicago showed on Monday that the National Activity Index (CFNAI) improved to 0.53 in July from -0.01 in June.

Germany’s economic growth may fall short of expectations this year, the Bundesbank said in a monthly report on Monday, and that the resurgence of the coronavirus could impose unexpected pressure on the economy in the fall. Europe’s largest economy is expected to grow by about 3.7% this year and 5.2% …

Oil prices jumped more than 3% Monday, August 23, after a seven-day losing streak driven by a weaker dollar, despite demand concerns fueled by an increase in cases of the mutated delta strain of the coronavirus. Brent crude rose $2.17, or 3.2%, to $67.35 a barrel by 09:01 GMT, after …

Monday’s survey showed that the strength of business activity in the eurozone continued this month, but down from the highest pace in two decades recorded in July, as the pace of vaccination campaigns allowed more companies to open their doors and customers venture out of their homes. Activities could have …

European shares rose after their Asian counterparts rose on Monday, August 23 after a brutal sell-off last week on worries about global growth, while investors awaited a series of business data. The STOXX 600 index of European shares rose 0.6% by 07:14 GMT after fears of rising Covid-19 cases and …

Japan’s Nikkei index jumped Monday, August 23, after falling to an eight-month low in the previous session, as auto stocks rebounded from losses after Toyota Motor announced a 40% cut in global production next month. Nikkei climbed 1.78% to 27,494.24 thanks to bargain hunting, after hitting its lowest level since …

The German DAX index provided positive trades at the end of last week’s trading, benefiting from a base at the 15,645 support level. On the technical side today, we tend to the positive side, relying on the stability of the intraday trading above 15,740, accompanied by the attempts of the …

Oil, Crude, trading