Oil prices continued to rise on Thursday after a sudden drop in US crude oil inventories in the previous session, while investors awaited the outcome of US-Iran nuclear talks that could lead to a rapid increase in crude supplies in global markets. The price of Brent crude rose 34 cents, …

Gold prices fluctuated within a limited range on Thursday, after hitting a two-week high earlier in the session, as investors awaited US inflation data for indications of the Federal Reserve’s next step towards tightening monetary policy. And the gold price settled in spot transactions at $ 1832.09 an ounce by …

European shares extended gains on Thursday, a day after achieving their best session since the beginning of the year, boosted by the rise of German shares that received a boost from strong quarterly earnings growth for Siemens. Siemens shares jumped 7.3 percent after the company said it was seeing “extraordinary” …

Statistics Canada will release January Consumer Price Index (CPI) data on Wednesday, February 16 at 13:30 and as we get closer to the release time, here are the forecasts by the economists and researchers of three major banks regarding the upcoming Canadian inflation data. NBF “While we expect strong print …

Japanese stocks rose on Thursday as technology shares followed their peers that made solid gains on Wall Street late Wednesday, although caution ahead of US data releases weighed on investor sentiment. The Nikkei index rose 0.42 percent to close at 27,696.08 points, after jumping more than one percent earlier in …

The gradual rise of GBP/JPY within an ascending path to the upside, approaching by a few points from the official station 157.00, to record the highest level at 156.85. Today, by looking at the 60-minute chart, we notice that the pair continues to obtain positive motive from the 50-day SMA, …

Narrow sideways movements that tend to be negative dominate the Canadian dollar for the second session in a row. The pair’s movements are above the pivotal support floor 1.2665 and below the strong resistance level 1.2720. Technically, the simple moving averages continue to form a negative obstacle on the pair …

Oil, Crude, trading

Oil, Crude, trading

Gold prices maintained their gains within the expected bullish path, heading to touch the target price station at 1836, recording its highest level during the last session’s trading of 1835. Technically, and by looking at the 240-minute chart, we notice that the price continues to receive positive momentum signals from …