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European shares fell sharply on Friday following a global sell-off in stock markets on concerns linked to the pace of central bank tightening and weak economic data. The pan-European Stoxx 600 index fell 1.4 percent in a broad sell-off and is headed for its worst daily performance in nearly two …

The dollar is set for its best weekly performance in a month against other major currencies on Friday, as the global reserve currency maintained its strength amid a sell-off of riskier assets in the markets. Investor sentiment has been affected in recent days by weak economic data, spreading inflation and …

Netflix missed Wall Street expectations for new subscribers at the end of last year and delivered a weaker-than-expected forecast in early 2022, as competition intensified in the battle for viewers of its online streaming services. The world’s largest streaming service added 8.3 million subscribers from October to December, when it …

Japanese shares fell on Friday, dragged down by losses in the technology sector, after the Nasdaq index fell 1 percent in the evening, on fears related to inflation and higher interest rates, which undermined the appetite for risk. The Nikkei index closed down 0.9 percent to 27,522.26 points, after dropping …

Retail Sales in the UK declined by 3.7% on a monthly basis in December following November’s increase of 1% (revised from +1.4%), the UK’s Office for National Statistics reported on Friday. This reading missed the market expectation for a decline of 0.6% by a wide margin. On a yearly basis, …

Oil prices fell on Friday, January 21, after rising to a seven-year high this week, as an increase in US crude and fuel inventories prompted investors to cash in on the rally. Gasoline stocks rose in the United States, the world’s largest oil consumer, by 5.9 million barrels, to the …

GBP/JPY declined noticeably yesterday after it failed to maintain trading above the 155.50 support level, explaining that the decline below the mentioned level puts the price under negative pressure to target 155.10 and 154.70, to record the pair’s lowest level at 154.45. On the technical side, there may be a …

The Canadian dollar is trying to build on the pivotal demand point published during all reports of the current week, located at the price of 1.2465/1.2460, which is trying to protect the pair from achieving more declines and forcing it to retest the 50-day moving average around 1.2540 resistance level. …

Oil, Crude, trading

Oil, Crude, trading