Tag Archives: European Stocks

European shares fell on Friday, as cautious investors awaited US jobs data and eurozone inflation for indications of the pace of major central banks tightening monetary policy. By 0819 GMT, the pan-European Stoxx 600 index was down 0.2 percent. The chemical and travel sectors faced pressure and fell for the …

GBP/JPY touched the mentioned bearish target during the previous report, at 156.00, recording the lowest price at 156.10. On the technical side today, despite moving above the 50-day moving average, we tend to the negativity, relying on the stability of the daily trading below the main resistance level 157.60/157.50, in …

Oil, Crude, trading

Investors are still feeling their feet as the year begins and await key US data due this week. Japanese Prime Minister Fumio Kishida announced on Thursday that they will decide on a quasi-emergency declaration for parts of Japan on Friday, as reported by Reuters. A Reuters survey showed on Thursday …

European shares fell more than 1% on Thursday, after indications from the minutes of the Federal Reserve meeting (the US central bank) of the tendency to tighten monetary policy, which dampened the morale of investors around the world and led to turmoil in technology shares. The pan-European Stoxx 600 index …

The technical outlook is unchanged, and the movements of GBP/JPY did not change significantly, maintaining the bearish path as we expected, settling below 157.50. On the technical side today, we expect a bearish bias in the coming hours, based on the stability of the intraday trading below the resistance level …

Oil, Crude, trading

European shares lost steam on Wednesday after kicking off the new year with record highs as rising US bond yields and regulatory concerns in China worried investors. The pan-European STOXX 600 index rose 0.03 percent by 0816 GMT, with shares in the auto, chemical, and oil and gas sectors gaining …

Positive trades dominated the movements of the pound sterling against the Japanese yen within the expected bullish path during the previous analysis, exceeding the second target that is required to be achieved at 156.70, recording the highest level at 157.43. On the technical side today, we expect a bearish bias …

Oil, Crude, trading