Hot inflation, recession-related concerns and quantitative tightening continued to be the major key words dominating financial markets throughout the week as central bankers ponder coming changes of policy based upon the available data particularly the labour market developments. New U.S. jobless claims fell slightly to 184,000 in mid-April and stayed …
Read More »The pound faces strong resistance 22/4/2022
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Read More »European shares stabilize in volatile trading
European shares settled on Thursday in volatile trading after a series of positive corporate results, while mining stocks fell more than two percent with Anglo American slumping after it cut production expectations. The pan-European Stoxx 600 index was little changed by 0723 GMT. Mining stocks fell 2.4 percent, leading the …
Read More »The pound is building on psychological barrier support 21/4/2022
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Read More »European shares rebound on profit boost
European shares rose on Wednesday after positive business results from food and beverage companies, but concerns about the war in Ukraine, slowing growth and rising revenue limited gains. The pan-European Stoxx 600 index rose 0.5 percent, with banking and food and beverage stocks gaining 1.3 percent each. Meanwhile, the mining …
Read More »The pound maintains negative stability 20/4/2022
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Read More »European stocks fall on the Ukraine crisis
European shares are set to record their worst daily performance in nearly two weeks on Tuesday, as investors jittery over the war in Ukraine, expectations of a US Federal Reserve monetary policy tightening and mixed business results. The pan-European Stoxx 600 index fell 1 percent, after falling 0.9 percent last …
Read More »The pound is forming pressure on support 19/4/2022
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Read More »The mixed results limit the gains of European shares before the ECB
European stock prices stabilized on Thursday after the release of mixed business results for several companies, while investors awaited the decisions of the European Central Bank amid risks to economic growth from rising inflation. The pan-European Stoxx 600 index was little changed by 0722 GMT after the strong closing of …
Read More »The pound is Building on Support, Eyes on Pivotal Resistance 14/4/2022
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