Tag Archives: Euro

European shares rose on Thursday, boosted by oil companies and chip makers that were supported by strong preliminary results announced by the Korean Samsung, while investors awaited the European Central Bank meeting statement for indications of a rate hike. The pan-European STOXX 600 index rose 0.8% by 0718 GMT, after …

Japanese stocks closed higher on Thursday, July 7, as investors continued to seek to benefit from a decline in technology stocks, with sentiment boosted by the gains made by Wall Street overnight. The Nikkei index rose 1.47% to close at 26,490.53 points, and the broader Topix index rose 1.42% to …

European shares rose on Wednesday after oil and gas workers in Norway called off their strike, quelling fears of an energy supply shortage, while shares of Just Eat Tekaway.com rose after Amazon agreed to buy a stake in its unit GroupHub. The pan-European STOXX 600 index rose 1.3 percent by …

Japan’s Nikkei index closed lower on Wednesday after a two-day rally, dragged down by energy stocks, as fears of a global economic slowdown weighed on the market. The Nikkei index fell 1.20 percent to close at 26,107.65 points. The broader Topix index fell 1.23 percent to 1,855.97 points. Shares of …

EURUSD incurred noticeable losses during the last trading session, within the expected bearish technical outlook in the previous analysis, explaining that the official target of the current downside wave is its target at 1.0285, recording its lowest level at 1.0235. Technically and carefully considering the 4-hour chart, we notice the …

The euro fell to its lowest level in twenty years during trading Tuesday, July 5th, after losing more than 1% of its value to record 1.0283 against the dollar. This comes with the growing fears of recession in the euro zone, and the rise in prices, without any indications that …

European shares rose in early trading on Tuesday after positive economic data from Asia and signs of easing tensions between the United States and China overshadowed fears of a global slowdown, while shares of Scandinavian airline SAS fell after it filed for bankruptcy in the United States. The pan-European Stoxx …

Japan’s Nikkei index closed higher by one percent on Tuesday as investors sought to snipe declining technology shares, as well as stocks receiving support from rising Asian stocks and US futures. The Nikkei rose 1.03 percent to close at 26,423.47 points. The broader Topix index rose 0.5 percent to 1,879.12 …

Asian shares achieved shy gains, but European indexes maintained the green the territory with some difficulty, reflecting persistent growth and inflation concerns while Wall Street futures responded to such fears by edging lower.Financial markets witnessed a quiet start of the week, as US markets were closed commemorating the Independence Day …

German Chancellor Olaf Scholz said on Monday that his government will continue to meet regularly with unions on energy price and inflation issues while noting that the current crisis will not be over in a few months.Scholz’s comments don’t have any immediate impact on the Euro’s performance against rival currencies. …