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The headline Regional Business Activity Index of the Federal Reserve Bank of Philadelphia’s Nonmanufacturing Business Outlook Survey fell sharply to 9.6 in September from 39.1 in August.

Housing Starts in the US rose by 3.9% on a monthly basis in August after declining by 7% in July, the data published jointly by the US Census Bureau and the US Department of Housing and Urban Development showed on Tuesday.

The Bank of Japan (BoJ) will announce its policy decision on Wednesday, September 23 at 05:00 GMT. here are the expectations forecast by three major banks. SocGen “Given that the fifth wave of the coronavirus has begun to be contained, we expect that the BoJ will maintain its current main …

UAE Minister of Energy Tuesday, September 21, said that low gas prices are not sustainable, stressing that the recent increase occurred because of the key factors of the market, in addition to the lack of investment in the sector. Minister Suhail Al Mazrouei said at a sector conference in Dubai …

Two sources from the group of OPEC+ oil producers told Reuters that the group’s commitment to production cuts increased to 116 percent in August from 109 percent in July.

Japanese stocks tracked the decline in global markets, closing lower on Tuesday, as investors abandoned risky assets on fears of a possible default by China’s Evergrande Group, but some buying to seize opportunities helped limit losses. The Nikkei index fell 2.17 percent to close at 2,9839.71 points, its biggest drop …

Oil prices rose on Tuesday, September 21, after analysts pointed to signs of tight US supplies, ending a series of losses that lasted for days, while global markets still haunted by the specter of the potential impact on the Chinese economy from the crisis of the debt-burdened real estate group …

Negative trading dominated the German DAX index, recording its lowest level during the previous trading session, around 14,966. Technically, the current moves are witnessing a slight bullish slope that aims to gather the price to retest the 15,360 level before resuming the decline again. RSI supports the aforementioned bullish corrective …

Oil, Crude, trading

GBP/JPY fell significantly during the previous trading session, touching the extended target at 149.50, posting the lowest price of 149.20. On the technical side today, we believe that the current positive movements are temporary, and we find that Stochastic has started to lose bullish momentum. Therefore, the bearish bias is …