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Market News

Market News section of Tradingpeek.com, which a specialist in the financial markets, make a comprehensive coverage of commodity markets, currencies, stocks and indices from important news to detailed fundamental analysis of various financial markets from global and Arab exchanges and forex trading.

Forex news

Unexpected recovery in US consumer confidence in April

Released a report on Tuesday showing an unexpected rebound in consumer confidence in April. After reporting a decline in US consumer confidence in the previous month, The consumer confidence index rose to 128.7 in April from 127.0 in March, the report said. Economists had expected the index to fall to 126.1 from 127.7, which was announced the previous month. "Overall, confidence levels remain strong and indicate that the economy will…

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Commodities news

Gold prices rise during mid European session in an attempt to recover

Gold prices rallied in mid European trade, recovering from a three week low since April 6, despite the rise in the US dollar index and the decline in demand for safe haven in favor of bond markets. The US dollar index rose during the European session on Tuesday to reach 90.88 levels, settling to its highest level in the month and a half since March 1.  Due to a rise…

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Stocks and Indices news

Japans Nikkei rose to a seven week high on Tuesday

The Nikkei rose to a seven-week high on Tuesday, leading gains after US bond yields rose to a four-year high. The Nikkei was up 0.67 percent at 22.235, near last week's high of 22.360, while the broader TOPIX index gained 0.71 percent to 1,763. Banking shares rose 1.9 percent, with Mitsubishi UFJ up 2.5 percent and Sumitomo Mitsui financial up 1.5 percent. Insurance companies gained 1.4 percent. As Japanese financial…

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