Daily Market Analysis

MARKET NEWS AND CHARTS FOR NOVEMBER 23,2021

EURNOK Norway’s economy expanded during the quarter ending in September as lockdowns eased during the period. The country’s Q3 Gross Domestic Product grows 3.8% quarter-on-quarter. This pace surpassed analysts’ expected 1.9% advance and the second quarter’s 2.3% growth. Mainland GDP likewise followed on the uptrend and ended at 2.6% QoQ. This again briefly beat analyst …

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MARKET NEWS AND CHARTS FOR OCTOBER, 26 2021

EURTRY Turkey’s confidence gauge in the manufacturing sector drops. October figures show the indicator narrowing to 109.6 points from September’s revised 113.4 points. The incumbent low sentiment among consumers and businesses has obviously taken a hit from the economy’s performance. Over the weekend, Turkish President Recep Tayyip Erdogan entered a diplomatic row with the US …

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MARKET NEWS AND CHARTS FOR AUGUST 17, 2021

USDCNY The world’s largest economies show a slowdown in economic activity from capital investment to consumer spending. The Chinese industrial production report for July increased by 6.4%. Analysts expect a 7.8% growth while an 8.3% expansion was recorded in the prior month. The US also posted a slowdown in the sector’s total output with a …

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