US jobless claims rise to highest level since October, with 286,000 claims
News
Thursday, January 20, 2022 - 20:18
by Point Trader Group

US jobless claims rose over the past week, in a clear sign that the rise in omicron mutant cases has hit employment.The number of jobless claims in America rose to the highest level since October at 286 thousand applicat... [read more]


European shares close slightly higher despite higher bond yields
News
Wednesday, January 19, 2022 - 19:02
by Point Trader Group

European shares closed slightly higher on Wednesday, seemingly ignoring concerns about rising bond yields as well as historical inflation levels in the UK.The pan-European Stoxx 600 closed 0.2% higher after starting the ... [read more]


OPEC keeps forecasts for oil markets unchanged
News
Tuesday, January 18, 2022 - 17:37
by Point Trader Group

OPEC kept its forecast for global oil demand growth at 5.7 million barrels per day in 2021, and 4.2 million barrels per day in 2022.Also, non-OPEC supply growth forecasts came in at 0.7 million barrels per day in 2021, a... [read more]


Dogecoin jumps more than 15% after being activated as a payment currency in Tesla stores
News
Friday, January 14, 2022 - 20:37
by Point Trader Group

Dogecoin price jumped more than 15% on Friday before paring gains after Tesla began accepting the cryptocurrency as a payment currency in its stores.Tesla CEO Elon Musk said on Twitter that the electric car maker's goods... [read more]


Gold falls as US bond yields rise, and the dollar's decline curbs losses
News
Thursday, January 13, 2022 - 18:36
by Point Trader Group

Gold prices fell slightly on Thursday, January 13, with the US Treasury bond yields rising, which compensated some of its previous losses, but the precious metal remained close to its one-week highs recorded in the previ... [read more]


European indices close higher despite US inflation data
News
Wednesday, January 12, 2022 - 18:41
by Point Trader Group

The pan-European Stoxx 600 Index closed 0.7% higher, with the basic resources sector up 3.2% to lead the gains, while healthcare shares declined 0.7%.French electrical parts supplier Rexel saw its shares rise 10.3%, topp... [read more]


European shares rebound, supported by technology gains and optimism about corporate earnings
News
Tuesday, January 11, 2022 - 19:15
by Point Trader Group

A wave of buying in technology shares and an optimistic outlook for the fourth-quarter corporate earnings season pushed the European stock market to recovery on Tuesday, after it suffered sharp losses in the past few ses... [read more]


Oil rises about 2% after unrest in Kazakhstan and outages in Libya
News
Thursday, January 06, 2022 - 17:36
by Point Trader Group

Oil prices rose sharply today, Thursday, to continue their rise from the previous session, due to increasing unrest in oil-producing Kazakhstan, a member of the OPEC + bloc, in addition to the interruption of supplies fr... [read more]


Urgent: The Federal Reserve explodes a surprise at its last meeting
News
Wednesday, January 05, 2022 - 19:26
by Point Trader Group

The markets waited for the release of the details of the previous Fed meeting, to fall on the most important discussions and discover the tendencies embodied by the Fed members, which will be reflected on their decisions... [read more]


Sterling jumps to a two-month high on expectations of a British interest rate hike
News
Wednesday, January 05, 2022 - 17:35
by Point Trader Group

Sterling jumped to a two-month high on Wednesday amid growing expectations among investors that the Bank of England will raise interest rates next month after a surprise increase in December.And growing expectations that... [read more]


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