The euro and pound are headed for weekly gains against the dollar on Friday, as appetite for global bonds led by the United States pushed yields down, as did the dollar, providing relief even to the faltering Japanese yen. However, the always important US non-farm payrolls data scheduled for 1230 …
Read More »CEO of the Russian company Novatek: US sanctions indicate our professionalism
CEO of the Russian natural gas production company Novatek, Leonid Mikhelson, said on Friday that US sanctions on the company’s future Arctic 2 liquefied natural gas project constitute “a recognition of our professionalism.” He added during a conference in Samarkand that Qatar, Russia and the United States will be able …
Read More »European stocks are awaiting their best weekly performance since March
The European STOXX 600 index rose on Friday and is heading towards achieving its best weekly performance since March, led by auto stocks, as sentiment was supported by optimism linked to a possible end to the monetary policy tightening cycle in major central banks. The European STOXX 600 index rose …
Read More »Oil prices stable and heading for losses for the second week
There was little change in oil prices on Friday, but they are heading for a second consecutive week of losses, with the US Central Bank leaving the door open to possible increases in interest rates in the future, as well as declining fears that the conflict in the Middle East …
Read More »Nasdaq Poised for Further Gains 3/11/2023
Oil, Crude, trading
Read More »The Dow Jones Index Maintains its Positive Momentum 3/11/2023
Oil, Crude, trading
Read More »CAD Breaks Key Support Level 3/11/2023
The Canadian dollar has successfully reached the anticipated bearish target outlined in the previous technical report. This forecast was based on the initial pressure observed on the support level of 1.3830, leading to a touchpoint at 1.3775. The currency pair recorded its lowest level at 1.3735 during this movement. Upon …
Read More »USD/JPY Shows Signs of Resuming Downward Correction 3/11/2023
japanese-yen
Read More »GBP Attempts Gradual Ascent 3/11/2023
Oil, Crude, trading
Read More »Oil Loses Momentum 3/11/2023
Limited positive attempts marked the movements of US crude oil futures in the previous trading session, with the price reaching its peak at $82.86 per barrel before retracing back within the anticipated downward trajectory and hitting a low of $82.27. Examining the 4-hour timeframe chart, the 50-day simple moving average …
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