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Oil, Crude, trading

Oil, Crude, trading

Gold prices found a strong resistance level around 1810, which forced it to trade negatively during the early trading of the current session, and it is now hovering around its lowest level during the session at 1792. Technically, and with a closer look at the 240-minute chart, we find the …

Positive trading dominated the Euro’s movements against the US dollar yesterday, after the European Central Bank President’s statements, reaching its highest level at 1.1692. On the technical side, the intraday trading stability is above the previously breached resistance 1.1640, represented by the 23.60% Fibonacci correction that supports the rise and …

The Bank of England has told banks and insurance companies that it will impose its powers to crack down on them if they default to manage climate risks.The central bank begins to review a potential introduction of capital requirements linked to unsustainable assets.The Bank said on Thursday it would take …

“Monetary policy has largely run its easing course globally,” said Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr during early Friday morning in Asia. “We are now entering a different environment for rates, inflation”, added Orr. NZD/USD remains on the front-foot, backed by the broad US dollar weakness, despite …

The NZD/USD pair has advanced as the New York session end. It has leaped up 0.43%, trading at 0.7198. Market sentiment is positive, portrayed by U. S. equity indices finishing in the green zone, with gains between 0.68% and 1.15%. The US Dollar Index, which tracks the USD’s performance against …

Amazon shares fell more than 4% in extended trading on Thursday after the company reported weaker-than-expected results for Q3 and delivered disappointing guidance for the critical holiday period.Earnings amount to $6.12 versus $8.92 per share estimates. Revenue is $110.81 billion vs $111.6 billion estimates.Amazon is facing decelerating sales growth as …

Apple reported earnings after the close on Thursday. Earnings per share came in at $1.24 versus the estimate of $1.24. Revenue came in at $83.36 billion versus the estimate of $84.85 billion. Apple fell over 4% in extended trading. Apple stock is trading at $146.7 in the aftermarket for a …

U.S. economic growth decelerated in the third quarter of 2021, as consumer spending slowed amid a resurgence in new COVID-19 cases and as government assistance payments decreased.Gross domestic product has grown at a 2% annual rate during the three months through September, the weakest of the recovery, according to an …