Gold exhibited erratic movements during the previous trading session, fluctuating between upward and downward directions. It reached a peak around $2,148 per ounce, only to experience a significant decline, concluding the session near $2,029. From a technical standpoint today, observing the 4-hour chart reveals that the price has stabilized below …

Negative trends dominated the initial trading sessions of the week for the Euro/Dollar pair, exerting downward pressure on the 1.0860 support level and reaching a low of around 1.0840 in the early stages of the current session. From a technical analysis perspective today, a closer look at the 240-minute time …

The dollar rose on Monday, regaining some gains after declining for three consecutive weeks due to bets that the Federal Reserve (the US central bank) will cut interest rates soon, while Bitcoin exceeded $41,000 for the first time since early 2022. In the latest trading, the euro fell 0.1 percent …

European stocks fell on Monday after strong gains last week driven by increased bets on a cut in interest rates, with mining and energy stocks falling on weak commodity prices. The European STOXX 600 index fell 0.1 percent by 0810 GMT after touching the highest level in four months on …

Gold prices fell after rising to all-time highs earlier on Monday, but remained above the key $2,000 level supported by growing bets that the US central bank may cut interest rates early next year. Gold in spot transactions fell 0.4 percent to $2,062.80 an ounce by 0823 GMT. US gold …

Japan’s Nikkei fell to its lowest levels in nearly three weeks on Monday, as a stronger yen hurt exporters’ earnings expectations while automakers led the declines. The Nikkei closed trading down 0.6 percent, recording 33,231.27 points, after earlier declining by 1.22 percent to 33,023.04 points for the first time since …

Gold prices rose to an all-time high above $2,100 an ounce on Monday as comments from Federal Reserve Chairman Jerome Powell boosted traders’ confidence that the US central bank may cut interest rates early next year. Lower interest rates reduce the opportunity cost of holding non-interest-bearing yellow metal. By 05:30 …

Oil futures reversed course after briefly rising on Monday amid continued pressure from the OPEC+ decision and uncertainty over global fuel demand growth, but risks of supply disruptions due to conflict in the Middle East limited losses. By 0406 GMT, Brent crude futures fell 49 cents, equivalent to 0.4 percent, …

British Prime Minister Rishi Sunak is set to announce a funding commitment of £1.6 billion (approximately $2 billion) during the United Nations Climate Change Conference (COP28) summit on Friday. The announcement aims to underscore the UK’s commitment to climate change mitigation efforts after easing some measures to achieve emission reduction …

European stocks rose as investors were optimistic about growing expectations of interest rate cuts as inflation declines, while awaiting the release of more economic data and comments from Federal Reserve Chairman Jerome Powell on Friday. The STOXX 600 index rose 0.5 percent by 0810 GMT amid a broad rally following …