Tag: forex

Gold Gold prices are flat during early European trading, following Tuesday’s rise which reached the highest level since mid-March. Gold’s gains came as US yields eased down, following the release of US inflation data, which despite reaching a fresh 40-year high, also gave signs that it may have peaked. The markets have been pricing-in the…

European shares Stock benchmarks opened without clear direction while market volatility was on the rise on Monday as investors digested a batch of mixed economic news from different regions. Despite positive CPI data that topped estimates in China overnight, the Asian trading session was marked by lingering worries regarding the Covid resurgence in the area…

European shares European shares climbed on Friday, alongside US Futures contracts, paring some of Thursday’s losses as market sentiment improved for the last trading session of the week. All European benchmarks were in the green on Friday morning, with the best performances brought by Athens, Milan, and Paris, mostly due to energy shares as investors…

European shares European markets traded mixed after gains in Frankfurt, Madrid and Copenhagen offset losses in Milan, London and Paris as investors struggle to assess the impact of different major market drivers. Risk appetite remains resilient as technical supports are preventing stock benchmarks from drifting even lower while cash continues to rotate from safety to…

Gold Gold prices barely changed during early Thursday trading. The price has remained within a relatively narrow range over the last two weeks, caught between the demand generated by its haven appeal and hedge against inflation, on one side, and the selling pressures generated by rising interest rates and yields, which make the non-yielding gold…

European Shares Stocks slid lower in Europe on Wednesday, snapping a 3threeday rally, as investors still need further confirmation of the recent progress towards reducing hostilities in the war in Ukraine. The optimistic talks between Moscow and Kyiv have significantly sustained market sentiment and appetite for risk since the beginning of the week. President Putin…