The Dutch company Philips, which specializes in health technology, said on Monday, January 30, that it will cut 6,000 jobs to restore its profitability after withdrawing respirators that stopped 70% of their market value. The company said half of the job cuts will take place this year, while the other …

European stocks fell on Monday amid anticipation ahead of a series of central bank meetings later this week, with interest rate-sensitive stocks such as the technology sector among the main losers. The pan-European Stoxx 600 index was down 0.6 percent by 0818 GMT. The technology index led the declining sectors …

Oil prices fell on Monday, giving up previous gains, with the world’s major producers expected to keep production unchanged during an upcoming meeting this week, and as investors warned ahead of a Federal Reserve meeting that could spark market volatility. Brent crude futures fell 20 cents, or 0.2 percent, to …

The Nikkei index ended trading on Monday at the highest level in more than a month, tracing the impact of gains on Wall Street in the previous session, but what limited those gains was the anticipation of the markets before a meeting of the Federal Reserve and the announcement of …

Gold prices moved in a relatively narrow range on Monday as investors around the world turned their attention to a series of central bank meetings, with particular focus on the Federal Reserve meeting. Spot gold rose 0.2 percent to $1,931.07 an ounce by 0717 GMT. US gold futures rose 0.1 …

Oil, Crude, trading

We remained neutral during the last report due to conflicting technical signals for CAD, explaining that activating short positions depends on breaking 1.3350, targeting 1.3300, and recording a low of 1.3299. Technically, and with a closer look at the 240-minute chart, we notice the continuation of the negative pressure of …

Oil, Crude, trading

US crude oil futures prices were able to touch the first bullish target at 82.30, recording its highest level at the end of last week’s trading at 82.45, which formed a strong resistance level that forced oil to trade significantly to be able to break the support floor of 80.20, …

Gold stayed in narrow sideways actions and was confined between 1920 and 1936. From a technical point of view, today we tend to be positive but with caution, relying on the continuation of the simple moving average’s attempts to provide a positive impulse, in addition to the emergence of positive …