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The American Indicators Rise for the Sixth Consecutive Session

Market News Summary Intel has unveiled new chips for computing, including one for generative artificial intelligence, expected to compete with products from Nvidia and AMD. Industrial production in China accelerated at the fastest pace in about two years in November, despite retail sales growing at a slower pace than expected. According to data from theContinue Reading
Written on December 15, 2023 at 7:40 am
Categories: News Technical Analysis
Oil Prices Decline to Their Lowest Levels in Months Amid Concerns About Inflation

Market News Summary European stock indices fell at the end of Tuesday’s trading session as investors absorbed the latest inflation reading in the United States and awaited the start of the Federal Reserve’s policy meeting. The Stoxx 600 European index closed down by 0.23%, with losses in the oil and gas sector by 1.28%. TheContinue Reading
Written on December 13, 2023 at 10:31 am
Categories: News Technical Analysis
The Dow Jones Index Records Its Highest Closing In About Two Years.

Market News Summary European stocks ended the trading session on Monday, December 11, in the green after morning losses, as attention turns to the upcoming meeting of the Federal Reserve this week. European markets recovered from morning losses to close up by about 0.4%. Media stocks led the gains with a 1.2% increase, while companiesContinue Reading
Written on December 12, 2023 at 5:14 am
Categories: News Technical Analysis
The Gold Is Experiencing a Significant Decline, While the U.S. Dollar Remains Stable

Market News Summary European indices ended Tuesday, December 5, on a high note, following data indicating a slowdown in the decline of business activity in the Eurozone. The STOXX600 European index recorded a 0.40% increase at the end of the session, closing at 467.62 points. German stocks reached a new record level, supported by gainsContinue Reading
Written on December 6, 2023 at 9:45 am
Categories: News Technical Analysis
Dollar Index Heads Towards Its Worst Monthly Performance Since a Year

Market News Summary European market indices closed higher on Thursday, wrapping up an active month on a positive note as investors assessed inflation data in the Eurozone, indicating easing pressure from rising prices. The Stoxx 600 index closed with a 0.5% gain, reaching its highest level in 10 weeks. With this increase, the monthly gainsContinue Reading
Written on December 1, 2023 at 8:07 am
Categories: News Technical Analysis
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