Oil prices rose on Monday, fueled by escalating worries over potential supply disruptions from Middle East producers after Israel intensified its attacks on Iranian-backed forces in the region. As of 03:30 GMT, Brent crude futures for November delivery climbed by 51 cents, or 0.71%, to $72.49 a barrel. The more …

European stock markets reached a fresh record high in mid-morning trading on Friday, fueled by strong momentum from a rally in Asia, led by China. As of 05:13 ET (09:13 GMT), the pan-European Stoxx 600 index rose by 0.3% to 526.92, having previously hit an intraday high of 526.51. Germany’s …

The number of unemployed individuals in Germany increased more than anticipated in September, according to data released by the federal labor office on Friday. The report indicated that the number of unemployed rose by 17,000, reaching a total of 2.82 million when adjusted for seasonal variations. Analysts surveyed by Reuters …

The Japanese Yen (JPY) managed to recover its daily losses following the news that Shigeru Ishiba, the former Defense Chief, won the Liberal Democratic Party (LDP) leadership race, securing his position as Japan’s new Prime Minister. This political development has provided support for the yen, but some traders remain cautious …

Oil prices eased on Friday, marking the third consecutive day of declines, as investors monitored expectations of increased output from Libya and the broader OPEC+ group. However, the decline was somewhat limited by fresh stimulus measures from China, the world’s top oil importer. Market Overview As of 04:33 GMT, Brent …

Oil, Crude, trading

japanese-yen

Oil, Crude, trading

U.S. crude oil futures declined significantly, following the downward trend mentioned in the previous report, exceeding the official target of 68.65 and recording a low of $66.967 per barrel. From a technical perspective, we lean toward a negative outlook but with caution, relying on the continued negative crossover of the …

Gold prices continue to reach new historical peaks for the fifth consecutive session, hitting the first target indicated in the previous technical report at 2681, and recording a high of $2685 per ounce. From a technical analysis perspective today, and by examining the 4-hour chart, gold has established a minor …