The euro-dollar pair continues to achieve gains within the gradual rise, as we expected, and currently hovering near its highest level during the morning trading of today’s session, at 1.1255. On the technical side, the pair was able to build on the support of the psychological barrier 1.1200, accompanied by …

The dollar fell on Monday against a basket of currencies after recording the largest weekly decline this year, as dealers await economic data and monetary policy decisions. The euro continued to rise, rising 0.15 percent, to hit a 16-month high of $1.12440. The dollar fell against the yen 0.27 percent …

After the announcement of dismal Chinese GDP figures, European stock markets declined on Monday as the second quarter results season got underway. At 07:30 GMT, the FTSE 100 in the United Kingdom traded down 0.1%, the CAC 40 in France dropped 0.7%, and the DAX index in Germany traded down …

Official data showed on Monday that the average daily consumption of oil refineries in China rose 1.6 percent from the previous month, with refineries resuming operations after completing maintenance in the spring and increasing production to meet the demand for travel in the summer. Data from the National Bureau of …

China’s economy grew in the second quarter of 2023 by 6.3%, against expectations of 7.3%. On a quarterly basis, the Chinese economy grew by 0.8% in the second quarter, slowing down from 2.2% levels, but it came better than expectations that indicated a growth of 0.5%. A spokesman for the …

Oil prices fell for a second session on Monday after Libya resumed production at the weekend, while China, the world’s largest crude importer, is expected to release data showing that the post-pandemic economic recovery is facing bumps. Brent crude futures fell 57 cents, or 0.7 percent, to $79.30 a barrel …

The dollar hovered near a 15-month low on Friday, heading for its biggest weekly decline since November, after weak U.S. inflation data boosted investor bets that the Federal Reserve was close to ending its rate hike path. Data on Thursday revealed that U.S. producer prices barely rose in June, while …

Global benchmark Brent crude hovered above $81 a barrel on Friday as sentiment on US demand rose, supported by supply disruptions in Libya and Nigeria. Brent and US West Texas Intermediate crude futures rose for the third consecutive session and in early Asian trading on Friday and are on track …

Japanese stocks fell slightly at the end of trading today, Friday, with the yen heading towards its longest winning streak since 2018, with its rise for seven consecutive days. Hideo Hayakua, former director of the Bank of Japan, predicted in an interview with “Bloomberg” that the central bank would adjust …

European stocks fell on Friday but remain on course for their biggest weekly percentage jump in more than three months, driven by hopes the Federal Reserve will stop raising interest rates soon as inflation subsides. The pan-European Stoxx 600 index was down 0.2 percent by 0702 GMT. However, it rose …