The US two-year bond yield rose to an 18-month high, as expectations of the Federal Reserve continually curtailing its asset purchases. According to Bloomberg, the yield rose 3 basis points on Tuesday to 0.31%, after Monday’s auction saw weak demand. US bond yields have been rising since last week when …

German consumer sentiment rose against expectations as October reached its highest level in a year and a half, according to a survey published on Tuesday, September 28, in a sign that households continue to support the recovery in Europe’s largest economy. The GfK institute said its consumer confidence index, which …

European shares rebounded during trading on Tuesday, September 28, as a jump in government bond yields pressured high-growth technology stocks, in addition to the emergence of new indications of a slowdown in the Chinese economy that cast a shadow on investor sentiment. The European STOXX 600 index fell 0.4%, declining …

Gold rose in Tuesday morning trading in Asia. However, a stronger dollar and higher US Treasury yields capped the yellow metal’s gains, and investors are waiting for more clues from US Federal Reserve officials about when they will start reducing asset purchases and raising interest rates. Gold futures were also …

Japanese stocks closed lower on Tuesday, September 28, as heavy losses in chip and shipping makers outweighed investors’ hopes of a steady economic growth momentum under new political leadership in the run-up to the ruling party’s election. The Nikkei index fell 0.19%, to close at 30,183.96 points, after falling as …

Mixed trading dominates the movements of the German DAX index, trying to repeat the chances of the bullish attack to the upside, recording its highest price of 15,698. On the technical side today, and by looking at the 60-minute chart, we notice the RSI’s attempts to gain bullish momentum, in …

Oil, Crude, trading

GBP/JPY jumped within the expected positive outlook, touching the first target at 152.30, recording its highest level during the morning session of today’s session of 152.46. On the technical side today, with the pair getting a positive stimulus from the 50-day moving average, which is accompanied by positive signs on …

The Canadian dollar returned to the strong resistance located at 1.2670, which forced it to trade negatively again, heading to touch the first target of 1.2600, to record its lowest level at 1.2600 during the early trading of the current session. Technically, with the clear negativity on the stochastic indicator, …

Oil, Crude, trading