European stocks rallied thanks to miners and luxury products on Wednesday, after strong data from China reassured investors fearing an economic slowdown, while a decline in BNP Paribas, the euro zone’s largest bank, limited gains. The pan-European STOXX 600 index was up 0.2% by 0812 GMT, kicking off the month …
Read More »Japan’s Nikkei index closed higher as sentiment improved on Chinese data
Japan’s Nikkei index extended gains to close higher on Wednesday as sentiment improved after data showed manufacturing activity in China expanded in February at the fastest pace in more than a decade. The Nikkei index closed up 0.26 percent at 27,516.53 points, after falling as much as 0.5 percent earlier …
Read More »Japan’s Nikkei gave up most of its early gains and closed slightly higher
Japan’s Nikkei index gave up most of its early gains to close slightly higher on Tuesday, as investors sold strong-performing stocks to bargain hunters amid the absence of a clear catalyst. The Nikkei ended the day’s trading, up 0.08 percent, at 27,445.56 points, after rising 0.6 percent. The broader Topix …
Read More »European shares opened higher, supported by a jump in the retail sector
European stocks opened higher on Monday, supported by a jump in retail stocks after posting their worst weekly performance this year due to fears that interest rate hikes will continue for a longer period in the United States and the eurozone. The pan-European Stoxx 600 index was up 0.8% by …
Read More »Nikkei index is falling amid expectations of more monetary tightening in America
Japan’s Nikkei closed lower on Monday, guided by Wall Street, as investors expect US interest rate hikes to continue for a longer period after a batch of strong economic data. The index fell by 0.59 percent, before recovering some of its losses, and closing down 0.11 percent at 27,423.96 points. …
Read More »Japan is in process of easing entry procedures for those coming from China
The TBS television channel reported that Japan intends to ease entry procedures into the country for those coming from China by canceling the requirement to undergo a Corona examination before boarding and upon arrival, as of March 1. The channel said, quoting several government sources, that Japan will cancel the …
Read More »European stocks rise with the support of French Saint-Gobain and Swedish Elekta
European stocks opened higher on Friday, February 24, supported by optimistic earnings reports from French building materials company Saint-Gobain and Swedish medical equipment Elekta. The Stoxx 600 rose 0.4%, tracking the rally in Asian markets after the Bank of Japan’s exclusion of an early end to monetary easing pushed down …
Read More »The Nikkei index makes the biggest jump in a month thanks to chip stocks
Japan’s Nikkei average posted its biggest jump in a month on Friday, recovering from a one-month low hit in the previous session, as chip-related stocks rose and the Bank of Japan’s upcoming governor supported the current monetary easing policy. The index ended Friday up 1.29 percent to 27,453.48 points. The …
Read More »Dow Jones achieves the downside targets 24/2/2023
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Read More »CAD maintains a gradual climb 24/2/2023
Technically, and by looking at the 240-minute chart, the pair maintains its stability above the 50-day simple moving average, which returned to carry the price from below, and we find the stochastic indicator trying to get rid of the intraday negativity. Therefore, the possibility of maintaining the quiet rise to …
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