Tag Archives: European Stocks

Strong negative trading dominated the movements of the pound sterling against the Japanese yen, nullifying the expected positive outlook during the previous analysis, recording a low of 148.96. On the technical side today, the pair failed to maintain the trading level above 149.70, accompanied by the negativity of Stochastic on …

Oil, Crude, trading

Positive trades dominated the pound’s movements against the yen within a gradually ascending path to the upside, building on support level 149.90. On the technical side, we are inclined to the positivity, relying on stability above the mentioned support level and the clear positive crossover signs on the stochastic indicator. …

Oil, Crude, trading

Markets are awaiting the results of the OPEC meeting, as well as the US jobs report tomorrow. According to sources cited by Reuters, OPEC+ may as an option discuss hiking output by just 200K barrels per day (BPD) in January versus the current agreement which stipulates 400K BPD monthly output …

European shares fell on Thursday, following in the footsteps of US stocks Wednesday night, due to uncertainty regarding the coronavirus pandemic and the prospect of an early interest rate hike. The pan-European STOXX 600 index was down 1.1 percent, after experiencing its best session in nearly six months on Wednesday. …

Positive attempts for GBP/JPY within the bullish corrective path published in the previous analysis, within a gradual ascent towards the target 151.80, only to record the highest 151.45. Technically, and carefully considering the short time frames, we find the 50-day moving average trying to push the price to the upside, …

Oil, Crude, trading

OPEC expected the oil surplus to increase to 2 million bpd in January, 3.4 million bpd in February and 3.8 million bpd in March 2022. The Organization of the Petroleum Exporting Countries, through a leaked document during today’s meeting, said that the demand for transport fuels in Europe may also …

European shares rose on Wednesday as bargain hunters returned from the November turmoil, but investors remain concerned about whether the emergence of the new mutated Omicron from the coronavirus will affect economic activity in the winter months. The pan-European Stoxx 600 index rose 0.8 percent by 0816 GMT, following in …