Tag Archives: Euro

European stocks rallied thanks to miners and luxury products on Wednesday, after strong data from China reassured investors fearing an economic slowdown, while a decline in BNP Paribas, the euro zone’s largest bank, limited gains. The pan-European STOXX 600 index was up 0.2% by 0812 GMT, kicking off the month …

Japan’s Nikkei index extended gains to close higher on Wednesday as sentiment improved after data showed manufacturing activity in China expanded in February at the fastest pace in more than a decade. The Nikkei index closed up 0.26 percent at 27,516.53 points, after falling as much as 0.5 percent earlier …

Japan’s Nikkei index gave up most of its early gains to close slightly higher on Tuesday, as investors sold strong-performing stocks to bargain hunters amid the absence of a clear catalyst. The Nikkei ended the day’s trading, up 0.08 percent, at 27,445.56 points, after rising 0.6 percent. The broader Topix …

The US dollar began the new trading week extending positive performance although demand for the US currency diminished ahead of the US session’s opening, following a mixed United States Durable Goods Orders report. Later on the day, the dollar Index fell 0.52% to 104.725, reversing gains from last Friday driven …

European stocks opened higher on Monday, supported by a jump in retail stocks after posting their worst weekly performance this year due to fears that interest rate hikes will continue for a longer period in the United States and the eurozone. The pan-European Stoxx 600 index was up 0.8% by …

Japan’s Nikkei closed lower on Monday, guided by Wall Street, as investors expect US interest rate hikes to continue for a longer period after a batch of strong economic data. The index fell by 0.59 percent, before recovering some of its losses, and closing down 0.11 percent at 27,423.96 points. …

The TBS television channel reported that Japan intends to ease entry procedures into the country for those coming from China by canceling the requirement to undergo a Corona examination before boarding and upon arrival, as of March 1. The channel said, quoting several government sources, that Japan will cancel the …

European stocks opened higher on Friday, February 24, supported by optimistic earnings reports from French building materials company Saint-Gobain and Swedish medical equipment Elekta. The Stoxx 600 rose 0.4%, tracking the rally in Asian markets after the Bank of Japan’s exclusion of an early end to monetary easing pushed down …

Japan’s Nikkei average posted its biggest jump in a month on Friday, recovering from a one-month low hit in the previous session, as chip-related stocks rose and the Bank of Japan’s upcoming governor supported the current monetary easing policy. The index ended Friday up 1.29 percent to 27,453.48 points. The …

The euro fluctuated significantly during the previous trading session, within the expected technical outlook, touching the first target to be achieved at 1.0570, recording its lowest level at 1.0575. On the technical side today, EURUSD is trading intraday below the previously broken support level at 1.0630, accompanied by the negative …