Tag Archives: European Stocks

European stocks jumped 2.5% on Tuesday, boosted by a solid rebound in technology shares as worries somewhat eased over the Omicron coronavirus variant, while German shares surged close to 3% led by automakers.Likewise, the continent-wide STOXX 600 Index witnessed its best session since last November, bouncing back to levels before …

Markets calm as fears of new coronavirus mutant, Omicron. Today, Japanese Finance Minister Shunichi Suzuki said that the Japanese government will stick to its goal of achieving a primary budget surplus by the fiscal year 2025 in Japan. Shunichi Suzuki stressed that the Japanese government is not considering setting a …

Positive trading returned to control the movements of GBP/JPY, canceling the expected negative outlook during the previous analysis after it succeeded in breaching the resistance level of 150.70. Technically, we tend to the positivity, relying on the clear positive signs on stochastic and the stability of the RSI above the …

Oil, Crude, trading

Markets are still looking for developments in Omicron as well as awaiting US data. In a widely expected move, the People’s Bank of China (PBOC) slashed the banks’ Reserve Requirement Ratio (RRR) by 50bps on Monday. Eurozone’s investor sentiment keeps worsening in the final month of the year, the latest …

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 …