European stock markets experienced mixed trading within narrow ranges on Friday, as investors cautiously awaited the release of crucial eurozone inflation data, which will provide valuable insights into the future direction of global monetary policy. Early trading saw the DAX index in Germany dip 0.2%, while the CAC 40 in …
Read More »European Stocks Stabilize as Bond Markets Rebound, Focus on Inflation Data
European stock markets found some stability on Thursday as bond markets recovered from the previous day’s sell-off, which was driven by expectations of prolonged higher interest rates due to persistent inflation. The pan-European STOXX 600 index edged up nearly 0.2%, following a decline of over 1% on Wednesday. Germany’s DAX, …
Read More »European Stocks Retreat as Bond Yields Surge Ahead of Inflation Data
European stock markets experienced a broad decline on Thursday, driven by rising global bond yields, which heightened investor concerns ahead of the eagerly anticipated inflation data release at the end of the week. Early in the trading session, Germany’s DAX index fell 0.3%, the UK’s FTSE 100 dropped 0.2%, while …
Read More »Dow Jones Faces Further Downward Pressure Amid Bearish Signals 30/5/2024
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Read More »USD/JPY Maintains Bullish Momentum, but Caution is Advised 30/5/2024
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Read More »GBP/USD Shows Signs of Weakness, But Bullish Reversal Still Possible 30/5/2024
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Read More »WTI Crude Oil Prices Face Potential Correction 30/5/2024
WTI crude oil experienced mixed trading yesterday, oscillating between gains and losses while approaching the previously identified target of 80.75. The commodity reached an intraday high of $80.60 per barrel before encountering resistance. Technical analysis reveals a shift in momentum. The price failed to sustain above the $80.00 level and …
Read More »EUR/USD Faces Renewed Downward Pressure 30/5/2024
The EUR/USD pair has breached a critical support level at 1.0810, as previously highlighted in our technical analysis. This breach has triggered a wave of selling pressure, driving the pair down to a new low of 1.0790 in early trading. Examining the 4-hour chart, we observe that the euro has …
Read More »European Stocks Dip as Bond Yields Rise, Inflation Worries Weigh
European stock markets experienced a decline on Wednesday, driven by escalating bond yields that unnerved investors ahead of crucial inflation data releases. Fears of prolonged monetary tightening added to the market’s apprehension. Early in the trading session, the DAX index in Germany slipped 0.3%, while the CAC 40 in France …
Read More »Dow Jones extends losses 29/5/2024
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