Tag Archives: Eurozone

The most prominent event during the European session was the jump of cryptocurrencies. Bitcoin prices jumped over the past few hours, reaching a new historical high at $68.5 thousand, while it is now rising around 4%. The market value of Bitcoin has jumped to levels of 1.3 trillion dollars, while …

EUR/USD advances to begin the trading week on the right stance, up 0.18%, trading at 1.1587 during the day, as positive market sentiment as witnessed by rising US stock indices prevails the financial markets. In the Forex market, risk-sensitive currencies rise, with the NZD, the GBP, and the AUD, as …

The European session was largely quiet on Monday. Stock futures were mixed in early morning trading after US market indices closed at record levels on Friday after better-than-expected non-farm payrolls report for October. Futures on the Dow Jones Industrial Production Index rose 85 points, while the S&P 500 Index settled, …

The European session witnessed the release of many market-moving data. Nonfarm Payrolls (NFP) in the US rose by 531,000 in October, this reading came in better than the market expectation of 425,000. September’s print got revised higher to 312,000 from 194,000. The Unemployment Rate declined to 4.6% from 4.8% in …

The markets saw some moves during the European session on Thursday. The main drivers of the markets were the British interest rate decision. The dollar rose again as the market continued after the FOMC meeting, with the dollar significantly outperforming all currencies except the yen. The Bank of England’s (BoE) …

The European session was fairly quiet as all eyes turned to the Fed’s after-hours statement. Oil prices fell during oil trading, as Brent crude in future contracts for January delivery lost 1.971% and reached 83.05 dollars a barrel, while the price of US crude reached 81.94 dollars a barrel in …

Markets are quiet and investors are waiting for the Fed meeting. Markets are widely expecting Jerome Powell to announce a clear schedule to start tapering. Brent crude futures for January 2022 delivery scored about $84.33 a barrel, down 0.33%, and US crude was about $83.43 a barrel, down 0.74%. During …

Markets are still calm ahead the storm of three central bank meetings this week; the Reserve Bank of Australia meets Tuesday, the Fed on Wednesday and the Bank of England Thursday. Global stock markets rose on Monday at the start of a big week for awaited central bank meetings, helped …

The European session on Monday was quiet and generally flat. Just a moment ago, the Manufacturing PMI came out and came in negative; Were it scored 58.4 points, analyst expected it to score 59.2 points. Gold is now recording 1789.39, an increase of 0.34%, and gold contracts are recording 1790.35, …

Fresh attacks and partisan row are ahead for U. S. economy  as Republicans lawmakers and strategists are capitalizing on news that the economy expanded at a weak pace in Q3 to criticize Biden and Democrats, accusing them of unskilled recovery tactics from the pandemic recession. The U. S. Dollar Index …