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On Thursday, the dollar extended the rally that began on Wednesday, as investors awaited the US jobs and inflation data, looking for indications that may mean reducing the intensity of the interest rate hike and reducing the rise of the US currency. The euro fell 0.27 percent to $0.9859, after …

Nonfarm Payrolls in the US are expected to appear above “normal” once again. That would affirm that the US employment situation remains “hot”, and that the Fed can focus on getting inflation down. According to the latest BLS report, there were over 10.1M job openings, but just 6.0M people were …

On Thursday, the Russian Foreign Ministry said it was “inconceivable” that the investigation of cracks in the Nord Stream 1 and 2 gas pipelines would be carried out without Russia’s participation. Foreign Ministry spokeswoman Maria Zakharova said the West had deliberately created obstacles to the investigation and said excluding Russia …

A Kremlin spokesman said on Thursday that the decision of the OPEC + group of major oil producers to cut production by two million barrels per day aims to stabilize the market. Spokesman Dmitry Peskov stated that by agreeing to the production cut, OPEC+ confirmed its credibility as an organization …

Oil prices stabilized near a three-week high on Thursday after the OPEC + alliance agreed to cut global crude supplies by reducing production by about 2 million barrels per day, the largest cut since 2020. Brent crude futures for December settlement rose four cents to $93.41 a barrel by 0538 …

European shares rebounded on Thursday after falling in the previous session. Investors awaited more economic data and the European Central Bank’s September meeting minutes to indicate the pace and path of interest rate hikes. The Stoxx 600 index was up 0.6 percent by 0710 GMT, tracking Wall Street. Until the …

Japan’s Nikkei index closed higher on Thursday after touching a two-week high during the session, as markets continued their recovery from multi-month lows supported by energy-related stocks and chips. The Nikkei rose 0.7 percent to 27,311.30 points at the close, after hitting 27,399.19 points, a level not seen since September …

Oil, Crude, trading

A temporary bullish rush dominated the Canadian dollar’s movements during the previous trading session, recording its highest level near the psychological barrier of 1.3700, which formed a negative pressure level on the price. Technically, Stochastic has gradually lost its bullish momentum, and the daily bearish trend motivates the continuation of …

Oil, Crude, trading