Japan’s Nikkei share average touched a one-week high on Tuesday amid big gains in retail stocks after Takashimaya raised its earnings forecast and amid hopes for the return of high-spending Chinese tourists. The financial sector stocks also continued their strong performance after the sudden decision of the Bank of Japan …

Oil, Crude, trading

Negative trades continue to control the movements of the Canadian dollar due to the collision with the pivotal resistance level at 1.3680, which forced the pair to move negatively towards the last expected target at 1.3570, recording its lowest level at 1.3550. Technically, our trading tends to be negative, relying …

Oil, Crude, trading

Gold prices started the morning trading of the current session on an upward slope, recording its highest level at $1806 per ounce, building on the bullish rebound as a result of the intraday stability above 1795. Technically, we find the 50-day simple moving average has returned to hold the price …

The Eurodollar pair opened its weekly trading on an upward slope, as we expected, heading to visit the first target to be achieved during the last report at 1.0660, recording its highest level during the Asian session for today’s session at 1.0660. On the technical side today, and by looking …

Japanese stocks closed higher on Monday, supported by the rise of Wall Street in the last session, and the stocks of technology and energy companies topped the gainers, while the market was affected by the decline in stocks of banks and insurance companies. The Nikkei index rose 0.65 percent to …

Russian Deputy Prime Minister Alexander Novak told the official Tass news agency that Moscow is ready to resume gas supplies to Europe through the Yamal-Europe pipeline. “The European market is still important with the continued gas shortage, and we have every opportunity to resume supplies,” TASS quoted Novak as saying …

The dollar fell against most currencies in volatile and weak trading on Friday after data indicated a slight slowdown in inflation in the United States, which boosted expectations of the Federal Reserve raising interest rates at lower rates and improved investors’ appetite for risk. The personal consumption expenditures price index …

The Turkish lira fell to a new record low of 18.7 against the dollar on Friday, extending its losses this year, which exceeded 29 percent, despite Ankara’s efforts to implement new policies to tighten control over the local currency exchange rate. The lira fell 44 percent in 2021, mainly due …