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Author

Mostafa Mahmoud
Mostafa Mahmoud Technical Analyst at LDN Mostafa has half a decade of experience in the field of financial markets between technical analysis and financial portfolio management, which extends to more than one financial market between stocks, commodities, currencies and the debt markets.
Goldman sees OPEC+ increasing output in August
Goldman Sachs stated in a note released on Sunday that the OPEC+ alliance, comprising eight countries, is expected to increase oil production by 0.41 million barrels per day in August.
The bank noted that the fundamental factors in the oil…
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Gold shines again amid escalating tensions between the US and China
Daily Technical Report To : GOLD
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Euro Slips Ahead of ECB Rate Decision
Amid a slowdown in economic activity in the Eurozone, recent data released by the European Central Bank (ECB) showed that consumer inflation expectations rose to 3.1% in April, up from 2.9% in March. This indicator is one of the key metrics…
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Oil Slips Ahead of OPEC+ Output Decision
West Texas Intermediate (WTI) crude prices fell to around \$61.10 per barrel during early European trading on Tuesday, marking the second consecutive session of losses amid growing pressure from expectations of increased market supply. This…
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The Japanese Yen rises, supported by expectations of an interest rate hike
Daily Technical Report To : USDJPY
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Dollar Index drops as risk sentiment improves
The U.S. Dollar Index (DXY) opened the week on the same weak note it closed the previous week, declining to a one-month low of 98.70 during Monday’s Asian session. This brings it closer to multi-year lows of 97.95 recorded in late April.…
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Financial stability concerns in the United States support the rise of the euro against the dollar
Daily Technical Report To : EURUSD
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Wall Street stocks fall amid growing concerns over U.S. debt
Wall Street indices posted significant losses during Wednesday’s trading session, pressured by rising U.S. Treasury yields and growing fears over the potential escalation of federal debt if the former president’s proposed tax cut plan is…
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USD Struggles Amid 0.5% DXY Drop
The U.S. dollar is experiencing a slight decline against most major currencies, as investors closely monitor the sustainability of the growing U.S. debt amid a general atmosphere of caution in the markets. This comes as Federal Reserve…
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