Oil, Crude, trading
Read More »Wall Street, European Stocks Jump on Powell’s Second Term News
Wall Street shares rose to record levels on Monday and European stocks turned into the positive territory after US President Joe Biden picked Jerome Powell to continue as Chair of the Federal Reserve Bank, in a move welcomed as a signal of stability by global investors.The S&P 500 rose 0.92% …
Read More »Dubai TV Interview, Nov. 22, 2021
Speaking on Dubai TV, Monday, Mohamed Hashad, Director of Research and Development at Noor Capital and member of the American Association of Professional Technical Analysts, shed light on a number of developments in the markets this week: European Stocks Hashad commented on how markets would deal today with concerns over …
Read More »Market Drivers – European Session 22-11-2021
Stock futures rose in early morning trading Monday ahead of a short week of trading due to the holiday, a historically strong seasonal period on Wall Street. Futures on the Dow Jones Industrial Average rose 101 points. The futures contracts for the S&P 500 and Nasdaq 100 index were also …
Read More »European Shares Rise Amid Mergers And Acquisitions in The Telecom Sector
European shares rose Monday, November 22nd, boosted by a rally in telecoms stocks, and the European STOXX600 index rose 0.3% to offset Friday’s declines after Austria announced new lockdown measures to combat the COVID-19 pandemic and neighboring Germany hinted it might follow suit. Telecom shares rose 0.9%, supported by shares …
Read More »GBP/JPY: Achieves Positive Goals
GBP/JPY succeeded in achieving the first ascending target at the price of 154.50, which must be touched, during the report issued last Friday, recording the highest price of 154.47. Technically, we tend to a positive trading session, relying on the positive motive of the 50-day moving average, which continues to …
Read More »Sterling Retesting Resistance
Oil, Crude, trading
Read More »European Shares Are Heading For The Seventh Week of Gains
European shares rose on Friday, heading for a seventh consecutive week of gains, as a jump in commodity-related stocks, strong gains, and easing monetary policy boosted investor sentiment. The European Stoxx 600 index rose 0.3 percent, retreating slightly from record highs, and mining and oil companies topped the gains, supported …
Read More »GBP/JPY: Positivity Remains
GBP/JPY achieved the first bullish target required to be touched at 154.30, recording its highest level at 154.34. On the technical side, today, we tend to the positivity, but with caution, relying on the pair’s success in building the support floor of 153.80 and most importantly 153.60, accompanied by the …
Read More »The Sterling is Witnessing a Gradual Rise
Oil, Crude, trading
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