Retail sales in the UK faced a significant downturn in June, as the latest survey by the Confederation of British Industry (CBI) revealed a deeper contraction in sales activity compared to May. The CBI’s monthly retail sales gauge, which compares sales figures to those from the same time last year, …

European stocks gained ground on Thursday as investors tracked the fragile Israel-Iran ceasefire, the looming U.S. tariff deadline, and the latest comments from Federal Reserve Chair Jerome Powell. By 03:15 ET (07:15 GMT), the DAX index in Germany was up 0.5%, the CAC 40 in France climbed 0.4%, and the …

Gold prices found some support in Asian trade on Thursday, as a weaker dollar helped to stabilize bullion prices. Spot Gold remained largely unchanged at $3,336.65 an ounce, while Gold Futures for August rose 0.1% to $3,347.45/oz by 01:08 ET (05:08 GMT). Earlier in the week, gold saw sharp losses …

Oil prices made modest gains in Asian trade on Thursday, boosted by a larger-than-expected draw in U.S. oil inventories, which sparked some optimism around demand. However, the potential for further increases remained tempered by the sustained ceasefire between Israel and Iran, which has reduced concerns over potential disruptions in Middle …

Oil, Crude, trading

The USD/CAD pair exhibited cautious bullish behavior yesterday, aligning with the expected upward scenario and reaching a high near the key resistance level of 1.3760. From a technical standpoint today, the 240-minute chart reveals continued support from the simple moving averages, which are reinforcing the bullish sentiment. Additionally, the Relative …

Oil, Crude, trading

US crude oil futures experienced narrow-range trading, showing only a slight upward inclination and reaching a high of $66 per barrel. From a technical perspective, oil prices are attempting to recover some of the recent losses during intraday movement, with current efforts focused on stabilizing above the $65.00 level. However, …

Gold prices showed limited movement during the previous trading session but opened the early hours with a cautious rise after approaching oversold levels, recording a high of $3,343. From a technical standpoint, gold appears to be attempting to recover some of its earlier losses. Intraday charts suggest a modest upward …

The euro extended its gains against the US dollar (EUR/USD), aligning with the bullish outlook anticipated in the previous technical analysis report. The pair successfully touched the official target at 1.1720. From a technical standpoint, the current session is showing continued strength. Price action remains stable above the key psychological …