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The Norwegian National Statistics Office has revealed that various oil and gas firms had increased their 2022 and 2023 investment forecasts.
Lidl has revealed that the company's profits had been rising in the United Kingdom, as consumers switch to the discount supermarkets.
The UK luxury brand chain Burberry has announced that due to tourists and Chinese shopper the company has outperformed its quarterly income forecasts.
The Governor of the Bank of Italy Ignazio Visco has stated that the European Central Bank would continue to raise interest rates. However, in his opinion the arguments for less monetary tightening have been strengthening.
The European Central Bank has revealed that it has observed financial stability risk in the use of financial derivatives by energy firms.
The support of the 50-hour SMA eventually failed to push the commodity price through the resistance of the 1,784.20/1,786.60 zone. On Thursday morning, the follow up decline passed below the 1,766.15/1,768.30 range and the 100-hour simple moving average. Economic Calendar Analysis Next week, the Euro's value might adjust to the Wednesday's publication of the European Services and Manufacturing Purchasing Managers Indices in
On Thursday morning, the USD/JPY rate was reached by the additional resistance of the 100-hour simple moving average near 139.60. Economic Calendar Next week, the Euro's value might adjust to the Wednesday's publication of the European Services and Manufacturing Purchasing Managers Indices in the span from 08:15 up to 09:00 GMT. On Wednesday, at 13:30 GMT, the financial markets might react to the
Since Tuesday, the GBP/USD currency exchange rate has been pushed up by the 50-hour simple moving average. The SMA has been strong enough to force the rate through the resistance of the 1.1900 mark. Economic Calendar Next week, the Euro's value might adjust to the Wednesday's publication of the European Services and Manufacturing Purchasing Managers Indices in the span from 08:15 up
The situation on the EUR/USD charts remains almost unchanged. On Thursday, the 100-hour simple moving average had caught up with the pair and was acting as support near 1.0350. Economic Calendar Analysis Next week, the Euro's value might adjust to the Wednesday's publication of the European Services and Manufacturing Purchasing Managers Indices in the span from 08:15 up to 09:00 GMT. On Wednesday,
The support of the 50-hour SMA eventually failed to push the commodity price through the resistance of the 1,784.20/1,786.60 zone. On Thursday morning, the follow up decline passed below the 1,766.15/1,768.30 range and the 100-hour simple moving average. A potential extension of the ongoing decline might look for support in round price levels like the 1,760.00, 1,750.00 and 1,740.00, before
On Thursday morning, the USD/JPY rate was reached by the additional resistance of the 100-hour simple moving average near 139.60. A resumption of the US Dollar's decline against the Japanese Yen could look for support in round exchange rate levels like the 139.00 and 138.00 mark, before reaching the weekly S1 simple pivot point at 135.63. However, a recovery of the USD
Since Tuesday, the GBP/USD currency exchange rate has been pushed up by the 50-hour simple moving average. The SMA has been strong enough to force the rate through the resistance of the 1.1900 mark. A move higher could encounter resistance in the 1.2000 mark, before approaching the weekly R1 at 1.2026. Higher above, note that the 1.2100 and 1.2150 levels
The situation on the EUR/USD charts remains almost unchanged. On Thursday, the 100-hour simple moving average had caught up with the pair and was acting as support near 1.0350. The surge of the Euro against the US Dollar could encounter resistance in the 1.0450 and 1.0500 levels, before reaching the weekly R1 simple pivot point at 1.0512. Higher above, note
The Chief Executive Officer of the largest Spanish gas and oil company Repsol Josu Jon Imaz has stated that Europe had failed in its transition from Russian energy due to affordability.
During the G20 summit, the world leaders have agreed to implement data dependant central bank interest rates and set temporary targets for fiscal spending.
Toyota Motor Corporation has announced that it would revive the hybrid Prius with a new two liter plug in version.
On Wednesday, crude oil prices declined. Market commentators attributed the decline to an expected decline in demand in China due to rising coronavirus cases.
Since early Tuesday's trading hours, the price for gold has been fluctuating between the support of the 1,766.15/1,768.30 zone and resistance at 1,784.20/1,786.60. On Wednesday morning, the commodity was observed to be finding support in the 50-hour simple moving average near 1,770.00. Economic Calendar Analysis This week, the US Retail Sales data release might impact the financial markets through the value of
This week, the USD/JPY currency pair has been mostly located below the 140.00 mark, as on Tuesday the pair even shortly traded below 138.00. Economic Calendar This week, the US Retail Sales data release might impact the financial markets through the value of the US Dollar. The data is scheduled to be published on Wednesday at 13:30 GMT. Hourly Chart A resumption of
In the aftermath of bouncing off the weekly R1 simple pivot point at 1.2026, the GBP/USD found support in the combination of the 1.1800 level and the 50-hour simple moving average. On Thursday morning, the recovery of the pair encountered resistance in the 1.1900 level. It could be clearly observed that round levels impacted the currency pair. Economic Calendar This week, the
The EUR/USD has found support in the 50-hour simple moving average, which has been strengthening the 1.0350 level. The combination of these levels was enough to start a surge. Economic Calendar Analysis This week, the US Retail Sales data release might impact the financial markets through the value of the US Dollar. The data is scheduled to be published on Wednesday at
Since early Tuesday's trading hours, the price for gold has been fluctuating between the support of the 1,766.15/1,768.30 zone and resistance at 1,784.20/1,786.60. On Wednesday morning, the commodity was observed to be finding support in the 50-hour simple moving average near 1,770.00. A surge of the commodity price is expected to test the resistance of the 1,784.20/1,786.60 zone, before approaching the
This week, the USD/JPY currency pair has been mostly located below the 140.00 mark, as on Tuesday the pair even shortly traded below 138.00. A resumption of the US Dollar's decline against the Japanese Yen could look for support in round exchange rate levels like the 139.00 and 138.00 mark, before reaching the weekly S1 simple pivot point at 135.63. However, a
In the aftermath of bouncing off the weekly R1 simple pivot point at 1.2026, the GBP/USD found support in the combination of the 1.1800 level and the 50-hour simple moving average. On Thursday morning, the recovery of the pair encountered resistance in the 1.1900 level. It could be clearly observed that round levels impacted the currency pair. A move above 1.1900