Oil, Crude, trading

The yellow metal prices fell significantly during the previous session’s trading within the expected negative context during the last analysis, in which we depended on the stability of trading below the resistance level of 1816, surpassing the official target required to be achieved by 1770, recording its lowest price during …

The Euro succeeded in achieving the expected positive outlook during the previous analysis, in which we relied on confirming the breach of 1.2175, heading for touching our second awaited target of 1.2235, recording its highest level at 1.2242. Technically, and with a closer look at the 60-minute chart, we find …

Shares in the Asia-Pacific region suffered sharp losses in trading on Friday, after the decline in Wall Street in yesterday’s session, as the rapid rise in bond yields raised investor concerns. In Japan, the Nikkei225 index led the losses among the major markets in the region as it fell by …

“Moderna” revealed that it is working on a third experimental dose of the Coronavirus vaccine, targeting a new mutated strain of the virus. The company indicated that it shipped doses of the new vaccine to the National Institutes of Health for clinical trials, explaining that “Moderna is committed to making …

Data from the Turkish Statistical Institute showed today, Thursday, that the index of economic confidence in Turkey decreased by 0.5% on a monthly basis in February to 95.8 points, with the repercussions of the epidemic continuing. The index hit a record low last year before recovering as coronavirus measures eased …

The United States’ Real Gross Domestic Product (GDP) expanded at an annual rate of 4.1% in Q4, the US Bureau of Economic Analysis’ second estimate showed on Thursday. This reading followed the initial estimate of 4% and came in line with the market expectation.

The Labor Department said initial jobless claims fell to 730,000 last week, while the previous week’s figure was also revised down by 20,000 to 841,000. Analysts had expected a figure of 838,000 before the release. This reading followed the previous print of 841,000 (revised from 861,000) and came in better than …

Durable Goods Orders in the United States rose by 3.4%, or $8.5 billion, in January to $25.6.6 billion, the data published by the US Census Bureau showed on Thursday. This print followed December’s increase of 1.2% and beat the analysts’ estimate of 1.1% by a wide margin.

The Japanese government will end the state of emergency in Osaka, Kyoto, Hyogo, Aichi and Gifu prefectures at the end of the month, Reuters reported on Thursday, citing Kyodo News.