Tag Archives: European Stocks

European shares eased slightly in early trading on Monday, dragged down by a slump in the mining sector as investors worried about a sharp economic slowdown in China due to anti-Covid-19 restrictions while rising US bond yields kept technology stocks under pressure. The pan-European STOXX 600 index was down 0.1 …

Negative trades dominated the pound’s movements against yen, approaching by a few points from the target published during the previous report at 160.10, to record the lowest at 160.30. Today’s technical aspect indicates the possibility of continuing the decline, relying on the clear negative signs on the stochastic indicator on …

Oil, Crude, trading

European shares fell on Friday, heading for their worst week in two months, after a sharp fall in Wall Street as investors feared a bigger interest rate hike would be needed to curb high inflation. The pan-European STOXX 600 index was down 0.6 percent by 0709 GMT, with the travel, …

The pound against the Japanese yen noticeably declined within the bearish corrective context published during the previous analysis, touching the official target for the last analysis at 161.20, recording its lowest level at 160.47. Technically, today, we tend to the negativity, relying on the stability of trading below 162.30 and …

Oil, Crude, trading

European shares rose on Thursday, tracking Wall Street’s rally overnight, after the US Federal Reserve raised interest rates as expected but calmed bets on a major tightening, with sentiment rebounding further thanks to a streak of big profits. The pan-European Stoxx 600 index rose 1.8 percent, reversing many of the …

Negative movements dominated the British pound against its Japanese counterpart after hitting the resistance level of 163.60, which forced the pair to trade with clear negativity again, to witness the stability of the current movement around the lowest level during early trading at 162.10. On the technical side, today, we …

Oil, Crude, trading

European shares rose on Tuesday after a series of positive business results reports and with bank shares rising, supported by government bond yields reaching new highs in anticipation of faster decisions to raise interest rates. The pan-European Stoxx 600 index jumped 0.6 percent by 0716 GMT, with the banking sector …