Oil, Crude, trading
Read More »Oil may continue to achieve gains 13/9/2023
US crude oil futures prices witnessed a trading session in positive areas within the bullish context as we expected, in which we relied on breaching the resistance of the psychological barrier 88.00, touching the second target to be achieved at 88.85 and approaching by a few points from the official …
Read More »Gold: Selling pressure continue, eyes on inflation data 13/9/2023
We adhered to intraday neutrality during the previous technical report due to the conflicting technical signals and the confinement of trading within a sideways range, explaining that activating the selling positions requires a break of 1913 for the price to head to touch the target of the first break at …
Read More »Euro is waiting for a directional signal 13/9/2023
The movements of the EUR/USD pair did not significantly change during the previous trading session, with the continuation of the side range confined from the bottom above 1.0700 and from the top below 1.0790. On the technical side today, with a closer look at the 4-hour time frame chart, we …
Read More »Putin warns of economic difficulties if inflation gets out of control
Russian President Vladimir Putin said on Tuesday that rising inflation rates forced the central bank to raise interest rates to 12 percent last month, warning that the Russian economy would suffer if prices were allowed to get out of control. “In the event of high inflation, it will be practically …
Read More »Yen fell and dollar rose ahead of the release of inflation data
The yen fell on Tuesday after achieving its largest single-day rise since mid-July on Monday after the Governor of the Bank of Japan indicated a possible end to the negative interest rate policy, which was widely echoed in all markets. Meanwhile, the dollar recovered some of its losses after recording …
Read More »Gold stabilizes as investors await the US inflation reading
Gold prices stabilized on Tuesday as investors awaited a US inflation reading that could update views on interest rates after the Federal Reserve kept the door open to further tightening monetary policy. gold settled in spot transactions at $1,922.30 per ounce, while US gold futures fell 0.1 percent to $1,946.10. …
Read More »Oil prices stabilize as markets await inventories and economic data
Brent crude futures hovered just above $90 a barrel on Tuesday, as investors awaited a series of macroeconomic data scheduled for later this week, which could indicate whether Europe and the United States will continue raising interest rates. By 0003 GMT, the price of global benchmark Brent crude fell six …
Read More »Japanese stocks rise 1% as yen declines
Japanese stocks rose at the close by about 1% on Tuesday, September 12, and automakers led the gains, as the yen retreated from the highest level in a week to support the shares of export companies and risk appetite. The Nikkei index rose 0.95% to close near the highest level …
Read More »Nasdaq is trying positively 12/9/2023
Oil, Crude, trading
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