Japan’s Nikkei index jumped more than 1 percent on Monday, tracking a rally on Wall Street last week led by chip-related stocks. The Nikkei ended trading up 1.33 percent, recording 26,906.04 points, after rising earlier to 26,938.28 for the first time in a month. Of the 225 stocks listed on …
Read More »Dow Jones may get temporary positive signals 23/1/2023
Oil, Crude, trading
Read More »CAD back to negativity again 23/1/2023
The official bearish trend regained control of the Canadian dollar’s movements once again after it preferred to pass upwards to the pivotal resistance level at 1.3470, which forced it to trade negatively again to retest the support level of 1.3350. Technically, our trading tends to be negative, relying on the …
Read More »GBP outperforming USD 23/1/2023
Oil, Crude, trading
Read More »Crude oil repeats bullish opportunities 23/1/2023
Mixed movements dominated the prices of US crude oil futures contracts, but trading tended to be positive to succeed in recording good gains, touching the level of $81.86 per barrel. Technically, by looking closely at the 4-hour chart, we find that oil prices continue to get a positive impulse from …
Read More »Euro is gradually rising again 23/1/2023
The euro-dollar pair ended last week’s trading on a noticeable increase, and started today’s session’s trading as well, achieving significant gains within the expected general bullish path, to begin attacking the psychological barrier 1.0900, gradually approaching the target required to be achieved during the previous technical report at 1.0940, recording …
Read More »European stocks rise on optimism about reopening in China
European stocks rose on Friday as bullish investors weighed the potential impact of the week-long Lunar New Year holiday after China lifted restrictions imposed to curb the spread of COVID-19, but fears of a global economic slowdown continued to dampen sentiment. The pan-European Stoxx 600 index was up 0.2 percent …
Read More »Japanese Nikkei index closed higher
Japan’s Nikkei erased early losses to close higher on Friday, as sentiment was boosted by a rise in US futures after Wall Street’s losses Thursday night, as well as a decline in the yen. The Nikkei ended the session up 0.56% to 26,553.53 points, after it had fallen 0.3% earlier …
Read More »European stocks are heading to end their series of gains due to slowdown fears and weak earnings
European stocks were heading on Thursday to halt a series of consecutive gains over six sessions, after lackluster US economic data stoked fears of a global economic slowdown, and investor sentiment was also affected by non-negative European corporate earnings. The pan-European Stoxx 600 index was down 0.6 percent by 0815 …
Read More »Nikkei index retreating, Yen’s rise is putting pressure on export companies
On Thursday, the Japanese Nikkei index recorded the largest decline in two weeks, retreating from its highest level in a month, with the fading effect of the Bank of Japan’s decision to maintain its stimulus policies, as well as the rise in the yen, which pressured the shares of export …
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