The dollar and the yen rose in a volatile session in Asia on Monday, as they benefited from a search for safe haven amid investor concerns that higher interest rates and weak economic data could mean a global recession is on the horizon. While stocks tracked Wall Street higher, currency …
Read More »Commodity stocks lead European markets higher
European shares rose on Tuesday, boosted by gains in commodity-related stocks and automakers after China eased quarantine restrictions related to COVID-19. The pan-European Stoxx 600 index rose 0.9 percent by 0714 GMT, rising for the third consecutive session, amid waning concerns about the central bank’s moves to tighten monetary policy …
Read More »Japan’s Nikkei index rises at the close, supported by energy stocks
Japan’s Nikkei rose and crossed the significant 27,000-point level for the first time in two weeks on Tuesday, boosted by a rise in energy stocks, though uncertainty over US interest rate hikes limited gains. The Nikkei rose 0.66 percent to close at 27,049.47 points, close to its highest level during …
Read More »Dow Jones could see a downward slope 28/6/2022
Oil, Crude, trading
Read More »CAD: Constant negative pressure 28/6/2022
Canadian Dollar witnessed Noticeable declines during the previous trading session within the expected bearish technical outlook, surpassing the first bearish target required to be touched at 1.2920, heading to visit the second target of 1.2885, recording its lowest level yesterday at 1.2855. Technically, we tend to the negativity, relying on …
Read More »GBP: maintains bullish trend 28/6/2022
Oil, Crude, trading
Read More »The euro is trying to recover 28/6/2022
The single European currency continues to recover against the US dollar within the expected bullish path, approaching the first price target of 1.0630, to record its highest level during the last session’s trading of 1.0613. Technically, by looking at the 4-hour chart, we find the current intraday movements of the …
Read More »The dollar rises in Asian trading as investors search for a safe haven
The dollar and the yen rose in a volatile session in Asia on Monday, as they benefited from a search for safe haven amid investor concerns that higher interest rates and weak economic data could mean a global recession is on the horizon. While stocks tracked Wall Street higher, currency …
Read More »European stocks rise to two-week highs as commodity prices rise
European shares jumped on Monday to their highest level in two weeks, supported by mining and oil stocks, as the easing of measures to curb the outbreak of Covid-19 in China led to an increase in commodity prices. The pan-European Stoxx 600 index rose 0.7 percent by 0716 GMT, reversing …
Read More »Nikkei rises for the third consecutive session, supported by technology stocks
The Japanese Nikkei index rose for the third consecutive session on Monday, boosted by technology heavyweights, after Wall Street rose at the end of last week. The Nikkei closed up 1.43 percent at 2,6871.27 points, after rising as much as 1.7 percent. The broader Topix index jumped 1.12 percent to …
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