Tag Archives: Euro

European stocks fell on Thursday after the mixed results of a number of companies listed on the Wall Street Stock Exchange, while investors await more economic data from the euro zone and corporate results to assess the strength of the region. The European Stoxx 600 index fell 0.2 percent, and …

Japan’s Nikkei index closed lower on Wednesday, ending an eight-day rally, dragged down by heavyweight technology stocks. The Nikkei index fell 0.18 percent to 28,606.76 points, after closing at its highest level since Aug. 22 on Tuesday. The rise in the index was driven by optimism about billionaire Warren Buffett …

European stocks rose on Tuesday as investors awaited more US bank earnings reports to gauge the health of the sector, and a stronger-than-expected economic recovery in China boosted sentiment. The pan-European STOXX 600 rose 0.2 percent after starting the week retreating from its highest level in a year, ending a …

Japan’s Nikkei rose for the eighth straight session on Tuesday, supported by gains made by banks on positive US data, and a weaker yen boosted exporters. The Nikkei index rose 0.51% to close at 28,658.83 points, close to its highest level so far this year, in the longest streak of …

European stocks rose on Monday as investors expected major US banks to continue reporting strong quarterly earnings this week, while also looking forward to the Federal Reserve ending its interest rate hike cycle. The European STOXX 600 index rose 0.3 percent after hitting its highest level in more than a …

On Friday, the dollar headed for the most extended period of weekly losses in nearly three years as traders reinforced expectations that the Federal Reserve is about to end the cycle of raising interest rates after indications that inflation may subside. Thursday’s data showed US wholesale prices, which are measured …

European stocks rose on Friday, on the verge of recording weekly gains for the fourth week in a row, supported by hopes that the Federal Reserve (the US central bank) will soon stop raising interest rates after recording lower-than-expected inflation in March. The pan-European STOXX 600 was up 0.3% by …

Japan’s Nikkei index rose for the sixth consecutive session on Friday, its longest streak of consecutive gains since July, supported by a rally on Wall Street overnight and the rise of Fast Retailing, owner of Uniqlo stores. The Nikkei index closed up 1.2 percent at 28,493.47 points, recording a weekly …

Yesterday’s session witnessed the positive movements of the Euro-dollar pair, as we expected, heading to touch the first target published during the previous technical report, at 1.1040, to record its highest level at 1.1067. Technically, we continue to suggest the daily bullish direction, relying on the intraday stability above the …

European stocks rose on Thursday, boosted by gains in luxury stocks after a report showed fashion firm LVMH posted strong first-quarter sales and on hopes the Federal Reserve will halt its tightening cycle after lower-than-expected inflation data. The pan-European Stoxx 600 index was up 0.3% by 0710 GMT. The Stoxx …