Gold prices ended last week’s trading sessions with a noticeable increase, after several successive sessions of the aforementioned corrective decline, to record its lowest level at $1954 per ounce, to start an upward rebound as a result of the US dollar’s decline after Jerome Powell’s statements regarding interest rates. Technically, …

The euro-dollar pair ended its weekly trading last Friday with a limited rise, taking advantage of the US dollar’s decline and the pair’s consolidation above the support level of 1.0760. On the technical side today, the current movements of the Euro-dollar are witnessing stability around the top of 1.0830. With …

According to statistics released on Friday, German producer prices rose at the weakest annual rate in two years in April, indicating that inflation in Europe’s largest economy may decline further. According to the Federal Statistical Office, producer prices for industrial items rose 4.1% in April compared to the same month …

The dollar approached its highest level in nearly six months against the yen on Friday and pushed the euro to its lowest level in more than seven weeks, as optimism about government debt ceiling talks in Washington fueled expectations that US interest rates would remain high for longer. Democratic negotiators …

Oil prices rose on Friday, after falling more than 1 percent the day before, as investors cautiously optimized about the fading risk of a US debt default. Brent crude futures rose 73 cents, or 1 percent, to $76.59 a barrel by 0650 GMT, and US West Texas Intermediate crude rose …

European stocks rose on Friday and pushed the German DAX index towards record highs, supported by indications of progress in the US debt ceiling negotiations. The pan-European Stoxx 600 advanced 0.4% by 0708 GMT, and is set to end the week with a slight gain. Mining and financial services stocks …

Japan’s Nikkei index rose on Friday to its highest level since August 1990, during what is known as the country’s economic “bubble” era, driven by a combination of positive factors such as strong earnings, an economy showing signs of recovery and optimism about US debt ceiling talks. The Nikkei index …

Gold prices rose on Friday, but headed for their largest weekly decline in three and a half months, as hopes that negotiations would reach a solution to the US government debt ceiling crisis and fading expectations of interest rate cuts by the end of the year led to a decline …

Oil prices posted a slight decline in early Asian trading on Friday, as optimism that a US default could be avoided was offset by high inflation data that could warn central banks around the world are heading to raise interest rates. Brent two-year crude futures fell to $75.84 a barrel …

After rising the previous day on optimism about US gasoline consumption, oil prices remained essentially flat on Thursday as traders waited for indications of progress in discussions to lift the US debt ceiling. As of 1142 GMT, Brent oil futures were down 13 cents, or 0.2%, to $76.83 a barrel. …