Sources in OPEC + told Reuters that the group will discuss two main options for oil policy in May and after that, including an extension of existing cuts and a gradual increase in production. Two sources said the increase would not exceed 0.5 million barrels per day.

French Health Minister Olivier Ferrand told Radio France Inter that the country could reach the peak of the third wave of the Covid-19 pandemic within 7 to 10 days after President Emmanuel Macron announced on Wednesday new restrictions to combat the pandemic. Macron ordered the imposition of the third general …

Oil prices rose on Thursday, April 1, to offset some of the losses incurred in the previous session, as hopes grew that OPEC and its allies, who will meet later today, will decide to continue curbing production in the face of a new rise in Covid-19 infections in some areas. …

Gold rose again Thursday, April 1, from a three-week low it reached in the previous session, as the US dollar and Treasury yields declined, while President Joe Biden’s plan of more than $2 trillion for jobs provided further support for the yellow metal’s appeal as a hedge against inflation. And …

European stocks began the new quarter with limited gains Thursday, April 1, as concerns about another wave of Covid-19, with France imposing a third lockdown measure, overshadowed optimism about a new spending plan for the US government. The European Stoxx600 index rose 0.2% in early trade, hovering three points below …

Japanese stocks rose Thursday, April 1st, as investors snapped up shares of semiconductor companies on the first day of the new fiscal year, thanks to hopes for strong corporate business results. The benchmark Nikkei index closed 0.72% higher at 29,388.87 points, while the broader Topix index increased 0.19% to 1,957.64 …

The technical outlook remains unchanged, and the German DAX index did not witness much change, maintaining positive stability. On the technical side, today, we hold onto our positive outlook, relying on trading stability above the previously breached resistance 14,970, and in general above 14,870, in addition to the positive signs …

Mixed trades dominated the movements of the Dow Jones Industrial Average on Wall Street, posting a high during the last session at 33,044. On the technical side, we tend to be positive, relying on the index’s based above the support level of 32,780 and in general above 32,750, in addition …

GBP/JPY managed to achieve the first target required to be touched during the previous analysis at a price of 152.55, and it is close a few points from the second target of 152.90, recording the highest of 152.80. On the technical side, the current trading is witnessing a bearish tendency, …

The support level published during the previous analysis, located at 1.2540, succeeded in limiting the bearish bias that the Canadian dollar witnessed during the previous session, to succeed in retesting the aforementioned support and starting the bullish rebound again. From technical analysis, the RSI indicator provides clear positive signals, in …