European stocks touched a two-month low on Wednesday after weak economic data from China fueled fears of a global slowdown and dashed optimism from signs of falling inflation in some major eurozone economies. The pan-European Stoxx 600 index fell 0.7 percent, its lowest since March 31. The main stock exchanges …

Japan’s Nikkei ended a four-day winning streak on Wednesday, with investors taking profits after the index hit a 33-year high earlier this week, and a stronger yen and disappointing Chinese data also weighed on the markets. The Nikkei index fell 1.41 percent to 30,887.88 points, its biggest daily decline since …

Oil prices turned lower after starting trading on a higher note on Wednesday, due to fears of slowing demand from China, the world’s largest oil importer, after weaker-than-expected economic data. Brent crude futures for August delivery fell 28 cents to $73.43 a barrel by 0250 GMT, while US West Texas …

Oil, Crude, trading

The technical outlook is unchanged, with the Canadian dollar continuing to maintain positive stability, continuing its gradual rise to the upside, recording its highest level during the early trading of the current session at 1.3640. Technically, and by looking at the 4-hour chart, we find that the simple moving averages …

Oil, Crude, trading

In the expected bearish context, US crude oil futures prices incurred significant losses yesterday, surpassing the bearish targets required to be achieved at 71.20, recording its lowest level at $69.07 per barrel. Technically, the 50-day simple moving average supports opportunities to continue the decline, in addition to the stability of …

Mixed movements dominated gold prices during yesterday’s session, heading to touch the first bearish target published during the previous analysis at 1935 price, to record its lowest level at $1932 per ounce, to rebound as a result of touching the target of support within a scenario of retesting the 1970 …

The Euro succeeded in achieving the negative outlook as we expected during the previous technical report, touching the first official target station located at 1.0680, recording its lowest level at the last session at 1.0672, to return as part of attempts to rebound bullishly as a result of touching the …

The stock market in the United Kingdom traded neutral on Tuesday, as investors returned from a long weekend to absorb an agreement to lift the United States’ debt ceiling as well as new inflation fears. At 08:15 GMT, the benchmark FTSE 100 index was down 0.2%, the mid-cap FTSE 250 …