With investors choosing to consider the optimistic scenario, of an increase in oil demand in the world’s two largest economies, there may be scope for further increases in the price of the barrel. Ricardo Evangelista – Senior Analyst, ActivTrades The optimistic bullish trading stance has taken a break this week in Europe, read more... Disclaimer:…
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European Shares Stocks drifted lower in Europe, following the mixed sentiment registered across Asian benchmarks, as traders brace for significant macro developments. The optimistic bullish trading stance has taken a break this week in Europe as the STOXX-50 index, registering negative performances across all sectors, failed to clear the 4,200.0pts resistance. In addition to the…
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European Shares Stock markets opened higher in Europe on Wednesday, following an intense bullish Asian session overnight, while US futures point to a patchy open. Market operators have been taken by surprise after the BoJ surprisingly kept its ultra-low interest rate as well as its bond yield cap unchanged during its latest meeting on Wednesday.…
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European Shares Share markets extended their bearish pull-back in Europe on Tuesday, alongside Asian stocks, and US futures, as the slight “risk-off” trading stance continues. Market sentiment remains mixed this week as investors continue to take some profit, and await further bullish catalysts after the recent reassuring macro developments. The current slide, led by tech…
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Meanwhile the bank of Canada reached 4.25% last month and seems likely to call for another single hike next week. Inflation in Canada isn’t at the same crisis area as in the EU and seems to be dropping more quickly as well, so it might be that the end of this cycle of tightening is…
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European Shares Stocks slid lower at the beginning of a new trading week in Europe, after Asian shares registered patchy performances overnight, as bullish sentiment takes a break. Consumer cyclicals and tech shares are among the worst performers today, while healthcare and energy stay as the most resilient sectors, preventing the STOXX-600 from falling further.…
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The first support can be found over 15,000.0pts while an extension of the market correction could lead prices to test newly established market floors such as the 14,820.0pts zone (23.6% Fibonacci). Pierre Veyret– Technical analyst, ActivTrades Disclaimer: opinions are personal to the authors and do not reflect the opinions of LeapRate. This is not a…
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European Shares Stock markets continued to climb globally on Thursday, as all European benchmarks extended gains ahead of the highly awaited US inflation report. The general sentiment remains clearly bullish this week as investors keep pushing riskier assets higher, boosted by easing recession worries and the prospect of a “soft landing” from the Fed. However,…
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European Shares Stocks edged higher in Europe on Wednesday, extending gains registered by Asian benchmarks overnight, as bullish sentiment stays alive ahead of key macro data. Consumer cyclicals, real estate and energy shares led the way following the opening bell, while industrials and utilities registered slight losses on the old continent, as market sentiment remains…
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European Shares European markets opened mostly in the green on Tuesday, despite Asian shares closing mixed overnight, while US benchmarks also point to an uneven open. Risk appetite seems to have a taken a short-term break as many investors seek more clarity about how far central banks will go with their monetary tightening cycle. The…
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