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Oil, Crude, trading

US crude oil futures prices declined significantly during the previous trading session within the expected downward trend, touching the official target station at 82.40, recording its lowest level at $82.15 per barrel. Technically, when we look closer at the 240-minute time frame chart, we notice the 50-day simple moving average …

Positive trading dominated gold price movements yesterday, in line with the positive outlook expected in the previous technical report. In this report, we relied on the ability of the gold price to consolidate above 1977, heading towards the first official target of 1980. The metal recorded its highest level during …

Negative trading dominated the movements of the euro against the US dollar, invalidating the bullish scenario expected during the previous report, in which we relied on the stability of intraday trading above the level of 1.0570 at the time the report was issued, clarifying that sneaking below 1.0560 constitutes a …

Boeing, the aerospace company, reported losses in the third quarter of this year, as revealed in Wednesday’s earnings reports. Additionally, the company adjusted its expectations, indicating a lower delivery of 737 MAX aircraft than previously anticipated. The adjusted losses for the American giant company were $3.26 per share, which was …

IBM’s adjusted earnings for the third quarter of 2023 rose to $2.20 per share, versus expectations issued by the “Street Account” market research firm, which indicated $2.13 per share.The company’s revenues rose in the same period to $14.75 billion, compared to expectations which indicated $14.73 billion.The markets’ direct reaction to …

Heineken beer company’s sales declined in the third quarter of 2023 after completing exit procedures from its investments in Russia, as the Dutch company’s sales recorded a decline of 4.2% in this period.It is likely that the main reason behind the decline in sales could be the slowdown in the …

Aerospace company Boeing suffered losses in the third quarter of this year, according to earnings reports revealed on Wednesday, in addition to the company launching expectations that it will deliver fewer 737 MAX aircraft than current expectations.The American giant company’s adjusted losses were $3.26 per share, compared to expectations that …

The US Dollar Index rose for the second consecutive day, rising above 106.50, the highest level since last Friday. The dollar received a boost from higher Treasury yields and deteriorating market sentiment following the latest round of earnings results. The Dow Jones dropped 0.32%, and the Nasdaq lost 2.43%. The …

With a gain of over 0.56%, the price of gold has risen to a new weekly high of $1987.25. This is because US business activity is starting to pick up steam, as shown by September’s record-breaking new home sales and the S&P Global PMIs.The US 10-year Treasury bond yield has …