European stock markets ended the week on a downbeat note as concerns about a potential trade war with the U.S. and disappointing economic data weighed on investor sentiment. Indices Under Pressure Germany’s DAX dropped 1.1%, France’s CAC 40 slid 1%, The UK’s FTSE 100 fell 0.4%. Trade Tensions Escalate with …
Read More »European Markets Mixed Amid Fed Anticipation and Corporate Developments
European markets displayed a mixed performance on Wednesday as investors turned their focus to the upcoming U.S. Federal Reserve decision. By mid-morning, Germany’s DAX slipped 0.1%, France’s CAC 40 remained unchanged, while the U.K.’s FTSE 100 edged up 0.2%. Market participants are widely expecting the Fed to announce a 0.25% …
Read More »Dow Jones tries to get positive signals 18/12/2024
Oil, Crude, trading
Read More »USD/JPY Gets Positive Signals 18/12/2024
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Read More »GBP retests resistance 18/12/2024
Oil, Crude, trading
Read More »Oil stable below resistance 18/12/2024
US crude oil futures experienced a sharp decline in the previous trading session, reaching a low of $68.84 per barrel. From a technical perspective, the outlook leans negative, supported by clear bearish signals from the Relative Strength Index, which remains below the 50 midline. Furthermore, trading remains stable below the …
Read More »Euro on sideways track 18/12/2024
The EUR/USD pair continues to exhibit narrow sideways trading, confined between support at 1.0470 and resistance at 1.0560. From a technical standpoint, the pair remains under pressure below the 50-day simple moving average, reinforcing the likelihood of a bearish continuation. This is further supported by the negative signals from the …
Read More »Europe’s Labour Market Shows Signs of Cooling, Easing Inflation Pressures
Europe’s labour market softened in the third quarter, with data on Monday indicating a decline in inflationary pressures, potentially paving the way for further interest rate cuts. Labour cost growth in the eurozone slowed to 4.6% in Q3, down from 5.2% in the previous quarter, according to Eurostat. Meanwhile, the …
Read More »Dow Jones trying to form a bottom 16/12/2024
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Read More »USD/JPY Continues Upward Rally 16/12/2024
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