European stock markets traded in a mixed fashion on Thursday, as investors closely monitored corporate earnings reports from major firms. As of 03:21 ET (08:21 GMT): Germany’s DAX edged up 0.2%. France’s CAC 40 gained 0.3%. UK’s FTSE 100 slipped 0.3%. Key Corporate Earnings Highlights Schneider Electric Exceeds Expectations French …
Read More »European Markets Trade Mixed as Investors Digest UK Inflation Data and Earnings Reports
European stock markets saw mixed trading on Wednesday, as investors reacted to corporate earnings results and higher-than-expected UK inflation data. Market Performance (as of 09:33 GMT): Germany’s DAX edged up 0.1%. UK’s FTSE 100 slipped 0.1%. France’s CAC 40 dipped 0.2%. Pan-European Stoxx 600 hovered around the flatline, after reaching …
Read More »European Markets Trade Higher Amid Geopolitical Tensions
European markets saw modest gains on Tuesday, as investors closely monitored ongoing geopolitical developments. As of 03:08 ET (08:08 GMT), Germany’s DAX rose by 0.1%, the FTSE 100 in the U.K. increased by 0.2%, and France’s CAC 40 edged up by 0.1%. U.S.-Russia Talks Sideline European Involvement Geopolitical tensions remained …
Read More »Dow Jones Seeks Extra Momentum 18/2/2025
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Read More »USD/JPY: Retests Resistance 18/2/2025
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Read More »GBP attacks psychological barrier 18/2/2025
Oil, Crude, trading
Read More »Oil awaits negative stimulus 18/2/2025
US Crude Oil (WTI) Technical Analysis US crude oil futures saw temporary positive movements, reaching $71.47 per barrel during this morning’s trading. Technical Outlook: Bearish Signals: The simple moving averages (SMA) continue to pressure the price from above. The Stochastic indicator is losing upward momentum, signaling potential weakness. Key Support …
Read More »Euro retests support 18/2/2025
EUR/USD Technical Analysis The EUR/USD pair successfully reached the official target of 1.0500, marking a high of 1.0506 in the previous session. Technical Outlook: Key Resistance & Support Levels: The pair faced resistance at 1.0500, leading to a bearish bias toward the 1.0450 support level. The 50-day simple moving average …
Read More »European Aerospace & Defence Stocks Rally Amid Calls for Higher Military Spending
European aerospace and defence stocks surged on Monday as political leaders across the region called for an emergency summit on the Ukraine war, following growing U.S. pressure to boost military spending. Stock Market Performance (as of 08:20 GMT): Rheinmetall (Germany): +8.3% Saab AB (Sweden): +7.1% BAE Systems (UK): +6.5% Leonardo …
Read More »Weekly market wrap: Dollar and gold drivers
US Dollar turned lower last week after the strong bad effect of Trump’s trade rhetoric faded to some extent. The currency also missed the opportunity to make use of the testimony of Fed’s chief Jerome Powell against the Senate. Recent inflation and spending data played a role in dollar weakness …
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