US stock index futures fell on Wednesday as investors anticipated a crucial inflation data to determine if the Federal Reserve was effective in bringing down increasing costs. The Consumer Price Index (CPI) is predicted to have increased 0.4% last month after increasing 0.1% in March, while the so-called core CPI …

Official Turkish data showed on Wednesday that the country’s industrial output jumped 5.5 percent in March on a seasonally adjusted basis and in light of calendar factors from the previous month, a month after devastating earthquakes hit the south of the country. The Turkish Statistical Institute said output fell 0.1 …

European stocks rose slightly on Wednesday, with Credit Agricole stock rising after posting positive earnings, while investors awaited US inflation data that is likely to set expectations for a rate cut in the world’s largest economy. The pan-European Stoxx 600 index was up 0.1% by 0704 GMT. The US consumer …

Japan’s Nikkei index retreated from a 16-month peak on Wednesday as cautious investors looked to book profits ahead of key US inflation data that could influence the Federal Reserve’s path on monetary policy. The results of the business of some companies also cast a shadow on their performance, as the …

Germany’s federal statistics office said on Wednesday that the consumer price index rose 7.6 percent year-on-year in April, confirming earlier preliminary data. The bureau added that the index rose 0.6 percent compared to March.

Oil, Crude, trading

The technical outlook remains unchanged, and the pair’s movements did not change significantly, maintaining negative stability below the resistance level of the psychological barrier of 1.3400. Technically, and by looking closely at the 4-hour chart, we find that stochastic provides negative signals, motivated by the continuation of the negative pressure …

Oil, Crude, trading

Mixed trading dominated the prices of US crude oil futures contracts yesterday, but the pivotal support level published during the previous report, located at 71.40, was able to limit the bearish tendency to force oil to rebound upwards again, and the current movements are witnessing stability around $73.20 per barrel. …

Gold prices achieved the first bullish target required during the previous technical report at 2037, recording its highest level during the early trading of the current session at $2038 per ounce. Technically, and by looking at the 4-hour chart, we find that gold continues to form an upward trend accompanied …