Japan’s Nikkei index gave up early gains to end Wednesday’s session little changed, as caution dominated the market ahead of a crucial Federal Reserve decision later in the day. At the same time, the difference between the winning and losing stocks was significant, amid investors’ interaction with the local earnings …
Read More »Dollar rises before the US central meeting, but is heading to record the fourth monthly loss
The dollar rose on Tuesday, ahead of an expected series of central bank decisions, but remained on track for its fourth straight monthly loss. The Federal Reserve is set to set interest rates on Wednesday and this will be followed by interest rates from the European Central Bank and the …
Read More »European stocks fall as focus shifts to central bank meetings
European stocks fell on Tuesday, dragged down by healthcare stocks, as investors refrained from aggressive bets and expected another round of interest rate hikes by major central banks this week. The pan-European Stoxx 600 index fell 0.2% by 0816 GMT, but was on track to end January on a positive …
Read More »Japan’s Nikkei closed lower
The Japanese Nikkei index closed lower on Tuesday, as investors awaited the results of the Federal Reserve’s monetary policy meeting, and in light of corporate business results that showed mixed trends. The Nikkei fell 0.39 percent, ending trading at 27,327.11 points, after starting the session on a high. The index …
Read More »Dow Jones is facing negative pressure 31/1/2023
Oil, Crude, trading
Read More »CAD starts attacking upwards 31/1/2023
The Canadian dollar reversed the daily bearish trend expected during the previous analysis after it built on the support floor of 1.3300, previously explained as a support level, to return to the bullish rebound, and now hovering around its highest level during the session 1.3410. Technically, the pair was able …
Read More »GBP facing negative pressure 31/1/2023
Oil, Crude, trading
Read More »Oil touches downside targets and selling pressure remains 31/1/2023
US crude oil futures prices incurred significant losses within the expected negative outlook during the technical report issued yesterday, touching the official target station at 78.25, recording its lowest level during the early trading of the current session at 77.56. Technically, we continue to suggest the bearish daily trend, relying …
Read More »Euro is pressing support and we are waiting for a stronger signal 31/1/2023
Quiet trades tended to be positive within the expected bullish track, for the EUR/USD pair to touch the first target achieved during the previous report at 1.090, recording its highest level at 1.0913. Technically, the pair found a strong resistance level around the psychological barrier 1.0900, and failed to stabilize …
Read More »Technology stocks lead the losses in European markets
European stocks fell on Monday amid anticipation ahead of a series of central bank meetings later this week, with interest rate-sensitive stocks such as the technology sector among the main losers. The pan-European Stoxx 600 index was down 0.6 percent by 0818 GMT. The technology index led the declining sectors …
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