The Russian ruble fell by more than two percent against the dollar on Tuesday, to its lowest level in more than 16 months, above 97, due to strong domestic demand for foreign currency. The ruble recovered on Monday to post intraday gains for the first time in August, but gave …
Read More »The unemployment rate in Türkiye rose to 9.6% in June
Official data showed on Thursday that Turkey’s unemployment rate rose 0.1 percentage point month-on-month to 9.6 percent in June, while the underutilization rate of the labor force, after adjusting for seasonal factors, rose 1.7 percentage points to 24.2 percent. The workforce underutilization rate has decreased significantly since 2021, but has …
Read More »Gold near its lowest level in a month
Gold prices hovered near a one-month low on Thursday, as investors awaited US inflation data that could determine the path the Federal Reserve will take on interest rates going forward. Gold increased 0.2 percent in spot transactions to $ 1,918 an ounce by 0337 GMT, but it is hovering near …
Read More »Oil is falling amid anticipation of inflation data in America and fears of demand
Oil prices fell on Thursday, after hitting multi-month highs in the previous session, as rising crude inventories in the United States and weak economic data from China added to concerns about global fuel demand. Brent crude fell nine cents, or 0.1 percent, to $87.46 a barrel by 0408 GMT, after …
Read More »Nasdaq is waiting for pending orders to be activated 10/8/2023
Oil, Crude, trading
Read More »Dow Jones is looking for a stronger trend 10/8/2023
Oil, Crude, trading
Read More »CAD retest support 10/8/2023
After several successive sessions of achieving gains, the Canadian dollar found a strong resistance level near 1.3450, which formed a strong resistance that put the pair under temporary negative pressure. Technically, the 50-day simple moving average still holds the price from below, and it meets near 1.3350, representing a good …
Read More »Japanese Yen extended its gains 10/8/2023
japanese-yen
Read More »GBP needs a negative stimulus 10/8/2023
Oil, Crude, trading
Read More »Oil continues to make gains 10/8/2023
US crude oil futures prices jumped to achieve substantial gains during the previous trading session, within the expected bullish context in the last technical report, touching the official target of 84.50, recording its highest level of $84.62 per barrel. Technically, by looking closely at the 4-hour chart, we find that …
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