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Tag Archives: European Stocks

Weekly market recap: China dictates market directions

Mohamed Abdelhamid Commodities, Cryptocurrency, Daily Economic Reports, Economic Report, Forex Market, Global Stock Market, Market Update, Weekly Economic Reports

US dollar managed to grasp confidence of investors gradually after positive developments of a potential trade deal between Washington and Beijing throughout last trading week. The possibility to de-escalate trade war between USA and China after increased US president Donald Trump said that the huge tariffs on China could be …

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Market weekly wrap: gold at all-time high amid anticipation of Fed’s decision

Mohamed Abdelhamid Commodities, Cryptocurrency, Daily Economic Reports, Economic Report, Forex Market, Global Stock Market, Weekly Economic Reports

US Data

Gold concluded the week on a strong upward trajectory, recording significant gains driven by the weakness of the U.S. dollar. This performance was further bolstered by diminished risk appetite in financial markets and reports highlighting a substantial increase in central bank purchases of the precious metal. Several factors contributed to …

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