France is witnessing massive demonstrations on Tuesday, March 7, against the pension reform proposed by President Emmanuel Macron, while unions expect to “paralyze” the country through strikes and demonstrations. “I call on the employees of this country, I call on citizens and retirees to demonstrate massively,” said the Secretary General …

European stocks recorded a slight decline in early trading on Tuesday, and technology stocks led the decline ahead of the beginning of the congressional testimony of Jerome Powell, Chairman of the Federal Reserve, while luxury goods companies gave up gains due to gloomy Chinese data. The pan-European Stoxx 600 index …

Executives of major US oil companies held private meetings with top OPEC officials on Monday on the sidelines of a conference in Houston to discuss energy matters, people familiar with the matter said, continuing a tradition that began nearly five years ago when the two sides were fierce rivals. Both …

Japan’s Nikkei share average rose to a three-month high on Tuesday, and the broader Topix index reached its highest level since late 2021, as investor sentiment improved thanks to a decline in long-term US Treasury yields. But analysts said that uncertainty limited the gains ahead of Federal Reserve Chairman Jerome …

Oil prices rose on Tuesday after industry executives cited concerns about a lack of spare capacity in the market and uncertainty about Russian supplies as demand recovers from China, the largest importer of crude. Brent crude futures were up 40 cents, or 0.5%, at $86.58 a barrel by 0154 GMT, …

Oil, Crude, trading

The Canadian dollar showed some bearish bias due to the rise in US crude oil prices, finding a strong resistance around 1.3630, which constitutes an obstacle to the continuation of the increase. From the point of view of technical analysis today, the stochastic indicator started to lose its bullish momentum …

Oil, Crude, trading

US crude oil futures prices jumped to achieve significant gains with the early trading of the current session, recording a high of $80.90 per barrel. Technically, by looking at the 240-minute chart, we find that the 14-day momentum indicator continues to defend the bullish trend, stimulated by the price’s stability …

We remained neutral during the report issued last Friday due to the conflicting technical signals, explaining that obtaining a bullish trend requires breaching the 1844 resistance level, which is a catalyst that enhances the possibility of additional rises targeting 1854, so that gold succeeds in recording its highest level at …