The Japanese Nikkei index ended trading on Tuesday at its lowest level in two months, and the yield on government bonds for ten years recorded the highest rise in seven years, after the central bank surprised investors by allowing a hike in long-term interest rates. The Nikkei fell 2.46 percent …
Read More »European stocks are rising after a strong sell-off last week
European stocks rose on Monday, supported by energy companies, after a heavy sell-off last week sparked by growing recession fears as major central banks pledged more interest rate hikes in the future. The pan-European Stoxx 600 index was up 0.5 percent by 0805 GMT. On Friday, the index recorded its …
Read More »Japan’s Nikkei closes at a 6-week low, and bank stocks rise
Japan’s Nikkei index ended Monday’s trading at a six-week low, tracing the impact of Wall Street’s decline in the previous session, while bank stocks rose on speculation of an interest rate hike in the country. The Nikkei fell 1.05 percent to close at 27,237.64 points, its lowest level since November …
Read More »Yen gains on potential Japan govt move for more flexible inflation target
The yen climbed on Monday on news that the Japanese government could soon revise a joint statement with the Bank of Japan (BOJ) over the latter’s inflation target, potentially paving the way for a tweak in the BOJ’s ultra-loose monetary policy. The yen was last 0.4% stronger at 136.19 per …
Read More »Dollar holding on to gains
The dollar stabilized on Friday after rising in the previous session, as traders analyzed a raft of central banks’ interest rate hikes and the possibility of continuing to raise borrowing costs for an extended period. And the euro settled against the dollar at 1.063 dollars. This came after falling 0.5 …
Read More »European stocks are heading towards a weekly loss
European stocks fell on Friday, heading for a weekly loss, after major central banks pledged to raise interest rates further to counter inflation, raising concerns about a global economic slowdown next year. The European Stoxx 600 index fell 0.2 percent to a new low, the lowest in a month, at …
Read More »Japan’s Nikkei closed at its lowest level in a month
Japan’s Nikkei index closed at its lowest level in more than a month on Friday, tracing sharp declines on Wall Street overnight, as major central bank decisions to raise interest rates stoked fears of an economic slowdown. The Nikkei closed down by 1.87 percent, recording 27,527.12 points, the lowest closing …
Read More »European stocks are falling, eyes on ECB
European stocks fell on Thursday as investors anxiously awaited the European Central Bank’s interest rate decision, a day after the US Federal Reserve hinted it would continue to raise interest rates. The pan-European Stoxx 600 index was down 0.9 percent at 0810 GMT. The European Central Bank is widely expected …
Read More »Dow Jones is waiting for pending orders 15/12/2022
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Read More »CAD waiting for a signal 15/12/2022
Negative trading dominated the movements of the Canadian dollar, heading to visit the first official target to be achieved yesterday, at 1.3520, recording its lowest level at 1.3518. Technically, we notice the continuation of the negative pressure coming from the simple moving averages that continue to pressure the price from …
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