European stock markets traded in a subdued manner on Tuesday, wrapping up a year of mixed performances. Uncertainty regarding monetary policy and political shifts curtailed earlier gains, with several indices hitting record highs earlier in the year. Pan-European STOXX 600: Flat as of 08:21 GMT, with the benchmark on track …
Read More »European Stock Markets Mixed as 2024 Nears Close
European stocks exhibited a mixed performance on Monday, reflecting the cautious sentiment on the final full trading day of the year. DAX (Germany): +0.1% CAC 40 (France): +0.1% FTSE 100 (UK): -0.2% Muted Trading ActivityWith many markets preparing for early closures on Tuesday for the New Year holiday, trading volumes …
Read More »Dow Jones faces selling pressure 30/12/2024
Oil, Crude, trading
Read More »USD/JPY Continues Upward Rush 30/12/2024
japanese-yen
Read More »GBP retests resistance 30/12/2024
Oil, Crude, trading
Read More »Oil starts positively 30/12/2024
US crude oil futures regained upward momentum, starting the day positively and reaching an intraday high of $70.70 per barrel during early trading. Technical Analysis: Positive signals from the 14-day momentum indicator, coupled with support from the simple moving averages, favor continued upward movement. With intraday stability above $70.00, and …
Read More »Euro holds steady below resistance 30/12/2024
The EUR/USD pair continues to trade under a dominant downtrend, consistent with the bearish outlook mentioned in the previous report. Current price movements remain stable below the key resistance level at 1.0475. Technical Analysis:The 50-day simple moving average continues to exert downward pressure, reinforced by the Stochastic indicator’s clear negative …
Read More »The Dollar’s End-of-Year Strength: A Tale of Resilience
The US Dollar Index (DXY) continues to display remarkable strength as the year draws to a close, trading near 108.00 despite the holiday-thinned market. While muted trading activity and cautious market sentiment have limited volatility, the dollar remains firmly bid. This resilience reflects a confluence of factors, from the robust …
Read More »European Stock Markets See Modest Gains in Holiday-Thinned Trading
European stock markets edged slightly higher on Tuesday as trading volumes remained muted due to the holiday season. FTSE 100: Up 0.3% CAC 40: Increased 0.4% DAX: Closed for the day Most European markets will close early on Tuesday and remain shut on Wednesday for the Christmas holiday. Key Market …
Read More »European Stock Markets Start the Week Lower
European markets opened the week in the red, reflecting a subdued trading environment as the Christmas holiday approaches. At 03:13 ET (08:13 GMT), major indices showed minor declines: Germany’s DAX: -0.4% France’s CAC 40: -0.1% UK’s FTSE 100: -0.1% With many markets preparing to close early or remain shut on …
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