Tag Archives: Forex

European stocks showcased a positive trajectory on Thursday, led by gains in mining and insurance companies. The market outlook remained optimistic as the year neared its end, buoyed by expectations that major global central banks would potentially reduce borrowing costs in the coming year. Market Overview: The STOXX 600 index …

European shares experienced a modest increase on Wednesday, driven by a rise in mining shares fueled by strong Chinese data. Additionally, technology stocks received a boost from Wall Street’s optimistic outlook, fueled by expectations that the Federal Reserve might initiate interest rate cuts in March. Market Overview:The European STOXX 600 …

At the start of trading on Friday, European stocks took a hit, primarily due to a decline in the shares of technology and sportswear companies. Investors are carefully weighing the potential impact of global trade disruptions following attacks in the Red Sea. Additionally, they await the release of crucial inflation …

On Thursday, the dollar steadied, while the pound experienced losses in light trading activity during the holiday season. Market participants are anticipating the release of crucial year-end data—the U.S. inflation figures scheduled for Friday. The pound faced significant losses against the dollar, marking its most substantial decline in two months …

European stocks experienced a decline on Thursday, particularly within the real estate and auto sectors, following a sharp sell-off on Wall Street in the previous session. Investors, in anticipation of more economic data from the United States, sought additional indicators on the trajectory of global interest rates. As of 0817 …

European shares saw an uptick on Wednesday, driven by anticipations of interest rate cuts following data indicating a slowdown in inflation in both Britain and Germany. Additionally, a surge in commodity prices contributed to gains in resource stocks. The STOXX 600 index recorded a 0.3 percent rise by 0818 GMT, …

European stocks experienced a rise on Tuesday, driven by gains in the technology, travel, and entertainment sectors. Investors were particularly focused on the upcoming inflation data in the eurozone to gauge potential signals for next year’s interest rate cuts. The European STOXX 600 index saw a 0.3 percent increase by …

European stocks fell on Monday, pressured by a decline in real estate stocks, at a time when sentiment was affected after senior officials in the European Central Bank reduced the possibility of cutting interest rates soon. The European STOXX 600 index fell 0.3 percent by 0811 GMT, after recording its …

On December 15, today’s economic data paints a concerning picture of ongoing contraction in industrial activity across Europe. S&P Global’s industrial purchasing managers’ data reveals a persistent downturn, holding steady at 44.2 in the eurozone for December, matching November’s level, contrary to the expected 44.5. In addition, the services purchasing …

Energy and mining stocks led European stocks to rise on the last day of a week filled with major central bank decisions on monetary policy, as the US Federal Reserve set the tone for market expectations regarding the prospects for lowering interest rates. By 0805 GMT, the European STOXX 600 …