European equities dipped at the opening bell on Monday, led by Franco-German lab equipment maker Sartorius, as investors expected additional stimulus measures from China to boost demand. By 0719 GMT, the pan-European STOXX 600 index had down 0.5%, while Germany’s DAX had fallen 0.4% after ending at a record high …
Read More »Faint gains for the dollar as traders analyze the path of interest rates
The dollar felt its way on Monday, as investors continued to analyze the results of the central bank meetings witnessed last week, including the Bank of Japan’s decision to adhere to the monetary easing policy that keeps the yen weak. The dollar index, which measures the performance of the greenback …
Read More »European stocks rose at the open, with the healthcare sector leading the gains
European stocks rose at the open on Friday, supported by gains led by the healthcare sector at the end of a busy week of monetary policy decisions by central banks. And by 0717 GMT, the European Stoxx 600 index rose 0.2%, and the healthcare sector index rose 0.5%. The STOXX …
Read More »European stocks fell ahead of the central bank meeting
European stocks opened lower on Thursday amid expectations the European Central Bank will raise borrowing costs later in the day, following the Federal Reserve’s indication that it will approve further increases. The rise of H&M shares limited the losses somewhat, and lifted the shares of the retail sector after announcing …
Read More »Dollar climbs in Asia after hints from Fed for further interest rate hikes
The dollar rose in Asian trade on Thursday after the Federal Reserve signaled an interest rate hike later in the year, while the currencies of China and New Zealand fell amid signs of slowing economies. Market attention is now turning to other central banks’ decisions late this week. The dollar …
Read More »Dow Jones may witness a temporary decline 15/6/2023
Oil, Crude, trading
Read More »CAD loses momentum 15/6/2023
Trading tended to be negative, dominating the Canadian dollar’s movements within the expected bearish context, approaching by a few points away from the target to be achieved during the previous report at 1.3260, recording its lowest level at 1.3270. Technically, the current movements of the pair witness a limited bullish …
Read More »GBP may witness a temporary bearish correction 15/6/2023
Oil, Crude, trading
Read More »Oil hits resistance, negative pressure remains 15/6/2023
Crude oil futures prices declined significantly after failing to stabilize for a long time above the psychological barrier of $70.00, and the intraday movements are witnessing stability near its lowest level during the early trading of the current session, $97.95. Technically, with the continuation of moving below the simple moving …
Read More »Euro touches the target, eyes on ECB 15/6/2023
. Remarkable gains dominated the performance of the Dow Jones Industrial Average on Wall Street, within the positive outlook, as we expected, touching the official bullish target stations, reaching the last target of 34,130, recording its highest level of 34,112. Technically, we tend to be positive, relying on the index’s …
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