European stocks rose on Wednesday as Italian bank stocks recovered from heavy losses incurred in the previous session after the government softened its position on a new tax on banks. The Stoxx Europe 600 index rose 1 percent by 0705 GMT, touching its highest level in a week. The euro …

Gold prices rose on Wednesday from a one-month low hit in the previous session as the dollar and bond yields fell, a day before US consumer price data could provide clues about the path to raising interest rates. And by 0644 GMT, spot gold rose 0.3 percent to $ 1930.37 …

Oil prices fell in early trading on Wednesday, as concerns about slowing demand from China, the largest crude importer, increased after negative trade data, outweighing concerns about shrinking global supply in light of production cuts from Saudi Arabia and Russia. Brent crude futures fell 17 cents, or 0.2 percent, to …

Oil, Crude, trading

Oil, Crude, trading

As we expected, the Canadian dollar jumped to achieve significant gains yesterday, within the positive technical outlook, touching the official target at 1.3480, recording the highest at 1.3502. From the point of view of technical analysis today, we find that the pair succeeded in establishing a good support base around …

japanese-yen

Oil, Crude, trading

Mixed movements dominated the prices of US crude oil futures contracts, as we expected, touching the bearish official targets published during the previous technical report at 81.30 and 80.60, approaching the final target station at 79.60, only to record its lowest level at $79.97 per barrel. Technically, US crude prices …

Gold prices were able to achieve the first bearish target required to be touched during the previous trading session, located at 1926 price, recording its lowest level at $1922 per ounce. Today’s technical vision indicates the possibility of resuming the bearish trend, relying on the continuation of the negative impact …