Negative pressure dominated US crude oil futures prices during last Wednesday’s trading, erasing recent gains and reaching a low of $69.28 per barrel. From a technical perspective, the outlook remains cautiously negative, influenced by the bearish crossover of the simple moving averages, which are exerting downward pressure on the price. …

Gold prices continued to reach record highs for the fourth consecutive session, hitting a new peak during the previous trading session at $2,671.00 per ounce. From a technical analysis perspective today, and looking at the 4-hour chart, gold displayed some bearish bias, retesting the previously breached resistance near $2,650. The …

Positive trading dominated the movements of the euro against the US dollar, reaching its highest level during yesterday’s trading session around 1.1214. Technical Analysis: Today, we observe that the pair failed to maintain stability above the psychological resistance level of 1.1200, resulting in some negative movements. A closer look at …

U.S. stock index futures saw a slight decline on Wednesday, as investors took a pause after recent record highs and shifted their focus toward upcoming signals from the Federal Reserve on interest rate movements. As of 05:50 ET (09:50 GMT), Dow Jones Futures fell by 25 points, or 0.1%, while …

European shares opened lower on Wednesday as the rally fueled by China’s recent stimulus package lost momentum. A pullback in technology and oil stocks added to the losses, reflecting the cautious mood among investors. The pan-European STOXX 600 index dropped by 0.3% to 518.06 by 0712 GMT, reversing some of …

Oil prices dipped on Wednesday as investors reassessed the potential impact of China’s recent stimulus measures on its economy and questioned whether these steps would be sufficient to drive significant fuel demand growth in the world’s largest crude importer. By 0415 GMT, Brent crude futures fell by 17 cents, or …

Bitcoin’s price surged on Wednesday, driven by a wave of global monetary easing that funneled more investments into risk-driven assets. The world’s largest cryptocurrency is now eyeing a major breakout, supported by recent stimulus measures from China and expectations of interest rate cuts from both the Swiss and Swedish central …

Most Asian stock markets experienced gains on Wednesday, buoyed by a series of new stimulus measures unveiled by Beijing aimed at bolstering economic growth. The positive momentum from Wall Street, where technology stocks drove the S&P 500 and the Dow Jones Industrial Average to record highs, also contributed to the …

German business sentiment took another hit in September, falling for the fourth consecutive month, according to a recent survey released on Tuesday. This dip adds to growing concerns that Europe’s largest economy may have slipped into recession. The Ifo Institute’s business climate index, a widely watched gauge of business morale, …

Oil prices surged on Tuesday, buoyed by news of significant monetary stimulus from China, the world’s largest oil importer, alongside escalating tensions in the Middle East and concerns over potential supply disruptions in the United States due to another looming hurricane. Brent crude futures climbed by 1.8%, reaching $75.24 per …