Tag Archives: European Stocks

European stocks were lower on Monday after rising commodity prices raised concerns sparked by a deepening energy crisis, while weak weekly data from China kept fears of slowing economic growth. The pan-European STOXX 600 index fell 0.4 percent by 0707 GMT after an upbeat start to the quarterly earnings season …

European stocks are headed for their best weekly performance in 7 months as strong earnings reports helped reassure investors and calm concerns about rising inflation. The pan-European Stoxx 600 index rose 0.4%, heading towards ending the week 2.3% higher, buoyed by a significant improvement in investor risk appetite in the …

As we expected, the British pound achieved substantial gains against its Japanese counterpart, touching the official target during the previous trading session at 156.10, recording a high of 156.15. On the technical side, we maintain our positive outlook, relying on the pair’s continuation of obtaining a positive stimulus from the …

During the European trading session today, the market held a similar tone to its trajectory yesterday, as stocks are recovering modestly after the setback that occurred in the trading stages this week. European indices maintained their gains, while US futures pointed to solid gains as bond yields continued to decline, …

The British pound managed to touch the first bullish target published during the previous analysis at the price of 155.00, approaching the next stop by a few points difference at 155.45, recording a high of 155.30. On the technical side, we tend to the positivity in our trading, relying on …

During the European session today, the Chinese yuan rose to 6.44 against the US dollar, approaching a two-week high of 6.43 touched earlier in October. Investors cheered strong Chinese trade data showing that exports and imports continued to rise at robust rates in September, both of which set records. On …

GBP/JPY managed to achieve the expected positive outlook yesterday, touching the first target around 154.80, to record its highest level at 154.82. On the technical side today, the daily trend is still tilting to the upside due to the positive motive of the simple moving averages that continue to carry …

European shares fell on Tuesday, October 12 as investors feared higher commodity prices would hurt the recovery of corporate earnings, and the sentiment was also affected by fresh evidence of problems at Chinese real estate investment group Evergrande. The European STOXX600 index fell 0.9% by 07:11 GMT after similar declines …

Positive trading dominated the pound’s movements against its Japanese counterpart during the previous trading session, heading towards touching the official target to be achieved at 154.40, recording its highest level at 154.50. Technically, with the pair still obtaining a positive stimulus from the 50-day moving average, in addition to the …

GBP/JPY jumped within the expected bullish context, touching the official target station at 153.20, recording the highest level at 153.75. On the technical side today, we find the positivity continuing to dominate the stochastic, accompanied by the positive motive for the 50-day moving average, which holds the price from below. …