Tag Archives: European Stocks

European shares fell on Friday after comments pointing to tightening monetary policy from US central bank officials, which reinforced concerns about the repercussions, while German SAP reported strong quarterly profits in the cloud database sector. The pan-European STOXX 600 index fell 0.7 percent, following the path of declining global markets, …

The Pound against the Japanese Yen succeeded in achieving the idea of ​​retesting the support published during the previous analysis, surpassing the target to be achieved at 156.60, to record its lowest level around the psychological support level 156.00. Technically, the current movements are witnessing a bullish tendency due to …

Oil, Crude, trading

Positive trades dominated the pound’s movements against its Japanese counterpart. However, it hit a strong resistance level around 157.70, which forced it to trade with negativity that is still limited so far. On the technical side, today, and carefully looking at the 60-minute chart, we notice that the 50-day moving …

Oil, Crude, trading

European shares rose on Wednesday, tracking gains made by Wall Street in the evening after Federal Reserve Chairman Jerome Powell expressed a less hawkish stance on monetary policy during testimony before Congress. The pan-European STOXX 600 index rose 0.5% by 0813 GMT, following the path of global stocks, after Powell …

The British pound continues to advance against its Japanese counterpart and starts today’s session positively, attacking the strong resistance level at 157.40. On the technical side, we tend to the positivity, relying on the stability of the intraday trading above the 156.60 support level, accompanied by positivity signs that start …

Oil, Crude, trading

Major European stock indexes closed higher on Tuesday, ending a three-day losing streak, as tech shares rebounded and as investors welcomed upbeat corporate updates.Delivery Hero jumped 5% after saying it expects its food delivery business to break even during the second half of 2022 as demand has soared since the …

European shares rose on Tuesday, with investors returning to the technology sector after declining for seven days due to fears of rising interest rates. A group of positive corporate results also supported stocks. The pan-European Stoxx 600 index rose 1.1 after US stocks rose in late trading, supporting Asian stocks. …