The International Labor Organization said that at least 220 million people are expected to remain unemployed globally this year, well above pre-pandemic levels, in light of a weak recovery in the labor market.exacerbates the current disparity. The United Nations organization expects an improvement to drop the number to 205 million …

The Turkish trade deficit in May increased by 20.74% on an annual basis, to $4.15 billion, according to the General Trade System. Data from the Commerce Ministry showed that exports rose 65.5% to $16.48 billion, compared to the same month last year when Ankara began easing restrictions on trade to …

Oil prices rose after OPEC and its allies agreed to commit to a cautious return to oil supplies to the market in June and July, with expectations of a strong recovery in demand in the United States and China, the world’s largest oil consumers. US West Texas Intermediate crude rose …

Gold prices retreated on Wednesday from their highest level in nearly five months recorded in the previous session, as the dollar and US Treasury yields rose on the back of strong manufacturing data. And gold fell in spot transactions 0.2% to $ 1896 an ounce during the session, after hitting …

Japanese shares closed higher on Wednesday, June 2, buoyed by gains in the hotel sector, as increased activity in vaccination campaigns raised hopes of resuming economic activities, while shares of automakers rose to new records amid an increase in global demand. The Nikkei index rose 0.46% to close at 28946.14 …

Turkish President Recep Tayyip Erdogan reiterated that his country needed to cut interest rates and that he had spoken to the central bank governor about the issue, which has sent the lira to new record lows against the dollar. “I spoke to the central bank governor today – we definitely …

The dollar clung to its slight gains during Wednesday, June 2, rising from its lowest levels in nearly five months against other major currencies, as the improvement in industrial production in the United States led to continued speculation that the Federal Reserve would return to adopting usual policies quickly. The …

The German DAX index touched the official target published in the previous report, at 15,600 to reach its highest level 15,680. Technically, by looking at a 60-minute chart, we find the 50-day moving average that supports the bullish price curve, accompanied by the stability of the intraday trading above 15,460, …

The Dow Jones Industrial Average jumped on Wall Street within the expected positive outlook, touching the official target to be achieved at 34,650, to record its highest level around 34,824. On the technical side today, the RSI is still providing positive signs, stable above the mid-line 50, supporting Stochastic’s positioning …

The current movements of the British pound against the Japanese yen are witnessing a bearish tendency after it found a strong resistance level near the psychological barrier of 156.00. On the technical side, today we tend to be negative, relying on the stability of trading below the mentioned resistance, in …