Tag Archives: Europe

The most prominent event during the European session was the jump of cryptocurrencies. Bitcoin prices jumped over the past few hours, reaching a new historical high at $68.5 thousand, while it is now rising around 4%. The market value of Bitcoin has jumped to levels of 1.3 trillion dollars, while …

The European session was largely quiet on Monday. Stock futures were mixed in early morning trading after US market indices closed at record levels on Friday after better-than-expected non-farm payrolls report for October. Futures on the Dow Jones Industrial Production Index rose 85 points, while the S&P 500 Index settled, …

The European session witnessed the release of many market-moving data. Nonfarm Payrolls (NFP) in the US rose by 531,000 in October, this reading came in better than the market expectation of 425,000. September’s print got revised higher to 312,000 from 194,000. The Unemployment Rate declined to 4.6% from 4.8% in …

The markets saw some moves during the European session on Thursday. The main drivers of the markets were the British interest rate decision. The dollar rose again as the market continued after the FOMC meeting, with the dollar significantly outperforming all currencies except the yen. The Bank of England’s (BoE) …

The European session was fairly quiet as all eyes turned to the Fed’s after-hours statement. Oil prices fell during oil trading, as Brent crude in future contracts for January delivery lost 1.971% and reached 83.05 dollars a barrel, while the price of US crude reached 81.94 dollars a barrel in …

Markets are quiet and investors are waiting for the Fed meeting. Markets are widely expecting Jerome Powell to announce a clear schedule to start tapering. Brent crude futures for January 2022 delivery scored about $84.33 a barrel, down 0.33%, and US crude was about $83.43 a barrel, down 0.74%. During …

The European session on Monday was quiet and generally flat. Just a moment ago, the Manufacturing PMI came out and came in negative; Were it scored 58.4 points, analyst expected it to score 59.2 points. Gold is now recording 1789.39, an increase of 0.34%, and gold contracts are recording 1790.35, …

The European session was packed with data from Europe and the US, here’s a summary of today’s drivers The US dollar index, which measures its performance against a basket of six major currencies, rose 0.25% to 93.58 points, moving away from its lowest level recorded yesterday at 93.277 points, the …

The Eurozone economy grew 2.2% on quarter in the three months to September of 2021, beating 2.0% expected and 2.2% previous, the first estimate showed on Friday. Annually, the eurozone GDP rate expanded by 3.7% in Q3 vs. 14.3% seen in the second quarter of 2021 while beating 3.5% expectations.

The European session witnessed some fluctuations today, Thursday, amid anticipation of US and German inflation data and the European interest decision. The European Central Bank (ECB) decided to leave the interest rates on the main refinancing operations, the marginal lending facility and the deposit facility unchanged at 0.00%, 0.25% and …