Oil prices are heading to record a weekly gain of about two percent after achieving some increase on Friday, as the impact of strong demand during a holiday in China and continued scarcity in the United States overshadowed expectations of possible increases in supplies from Saudi Arabia. Brent crude futures …

The Japanese Nikkei index ended the last trading session of a turbulent week with a slight decline on Friday, and oscillated between rise and fall during the session, thus recording the worst quarterly performance since mid-2022. The selling of shipping company shares after the right to distribute cash dividends expired, …

Government data showed on Friday that Japan’s unemployment rate held steady at 2.7 percent in August compared with the previous month. The seasonally adjusted unemployment rate compares with the average forecast of 2.6 percent by economists in a Reuters poll.

Oil, Crude, trading

Oil, Crude, trading

The Canadian dollar found strong resistance around the psychological barrier of 1.3500, which began to put negative pressure on the pair and is currently trading near the strong support level of 1.3470. From a technical analysis standpoint, the pair is hovering around the 1.3470 support level and is starting to …

japanese-yen

Oil, Crude, trading

Negative trades dominated the prices of US crude oil futures contracts to reflect the upward trend temporarily as a result of the collision with the psychological barrier resistance level of 95.00, explaining during the previous technical report that sneaking below 93.00 leads oil prices to make some random downward movements …

Gold prices incurred significant losses during the previous trading session as part of the downward directional movement, as we expected, touching all the required targets at 1864, approaching the third target by a few points at 1853, only to record its lowest price of $1857 per ounce. Technically, gold prices …