Eurozone’s annual CPI matched expectations at 1.9% but eased slightly for May as data showed on Wednesday from Eurostat. Core numbers also fell to 0.9% y/y in June versus 1.0% recorded in May. “Looking at the main components of euro area inflation, energy is expected to have the highest annual …
Read More »Japan Shares Close Lower And Incur Losses in June on Concerns About The Outlook
Japanese stocks fell on Wednesday, June 30, as the highly contagious delta strain of the coronavirus spread in Asia, while the benchmark index suffered losses in June on worries about the economic outlook. The stock market ended the last trading day of the month with a loss for the tenth …
Read More »Gold on Record The Path of The Largest Monthly Decline in Nearly 5 Years
Gold hovered around a two-month low on Wednesday, June 30, as investors awaited US jobs data for greater clarity on the US Federal Reserve’s stance on policy, while the yellow metal headed for its worst monthly decline since November 2016. And gold fell in spot transactions 0.2% to $ 1757.76 …
Read More »GBP/JPY:ِ Facing Negative Pressure
The British pound presented negative trades against the Japanese yen during the previous trading session, to touch the awaited target of 153.60. On the technical side, we tend to the negativity, relying on the clear negativity features on stochastic, missing the bullish momentum, in addition to the stability of trading …
Read More »Canadian Dollar: Touches The Bullish Correction
The Canadian dollar was able to breach the resistance level published during the previous analysis, located at the price of 1.2330, which you mentioned that its breach is a catalyst that enhances the chances of rising to complete the bullish correction with the aim of 1.2410, recording its highest level …
Read More »The Pound Confirms the Break
Oil, Crude, trading
Read More »Crude Oil Rebounds After Touching Support And Eyes Are on Stocks
Oil, Crude, trading
Read More »Gold Continues to Touch Bearish Goals
Gold prices incurred noticeable losses during the previous trading session within the expected bearish context, touching the second official target station in the last analysis, at 1753, and recording the lowest at 1750. Today’s technical vision indicates the possibility of continuing the decline, relying on confirming the breach of 1768 …
Read More »The Euro is Hovering Around Support And Confirming the Break Extends The losses
The euro maintains a gradual bearish tendency against the US dollar due to trading stability below the strong resistance level located at 1.1975, to start pressing on the 1.1880 support level. On the technical side today, and with a careful look at the 240-minute chart, we find the simple moving …
Read More »US: Housing Price Index Edges Higher to 1.8% in April
The Housing Price Index released by the US Federal Housing Finance Agency (FHFA) rose by 1.8% on a monthly basis in April following March’s increase of 1.6%. Meanwhile, the annual S&P/Case-Shiller Home Price Indices arrived at 14.9% in February and surpassed the market expectation of 14.5%.
Read More »