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Oil, Crude, trading

Oil, Crude, trading

Gold prices managed to stabilize above the support level of 1750, which pushed the price towards a high of 1758. Technically, we tend in our trading to the positive, but cautiously, relying on stability above the mentioned level and the positive motive of the 50-day moving average, which is accompanied …

A gradual decline to the downside for the EUR/USD pair, within the expected bearish path mentioned in the previous analysis, approaching the official station of 1.1700, recording its lowest level at 1.1723. technically, and carefully looking at the 240-minute chart, we notice that the simple moving averages continue their negative …

Oil prices closed lower on Thursday after OPEC maintained expectations for demand growth this year. Brent crude futures for October delivery lost 13 cents, or 0.18%, to close at $71.31 per barrel, snapping a two-day rising streak, while the West Texas Intermediate (WTI) futures decreased by 16 cents, or 0.23%, …

The New York Stock Exchange (NYSE) finished higher on Thursday, with the Dow Jones and S&P 500 indices logging new record highs for the third consecutive sessions for the first time since mid-March. The Dow Jones Industrial Average added 14.88 points, or 0.04%, to close at an all-time high of …

Gold prices closed lower on Thursday, as the U.S. Dollar (USD) edged higher after data showed another decline in jobless claims and an increase in producer prices. Gold front-month futures declined by $1.40, or 0.08%, to finish at $1,749.00 per ounce, snapping a two-session rising streak.

Adidas is selling Reebok to Authentic Brands Group in a deal worth about EUR 2.1 billion ($2.5 billion). The largest sportswear manufacturer in Europe reportedly wants to focus on its main business and core brand The German multinational company acquired Reebok in 2006 in a $3.8 billion deal that failed …

The Bank of Mexico announced on Thursday that it has decided to raise its key interest rate by 25 basis points to 4.5%. The move, which only three of the five board members voted in favor, aims at combating increasing inflationary pressures. Two other board members voted to maintain interest …

U.S. home prices increased during the second quarter of the year, amid higher demand and a limited supply of available homes. Data by the National Association of Realtors showed on Thursday that the median sales price for single-family existing homes increased in 94% of metropolitan areas across the United States …