In November, inflation in Canada, as measured by the change in the Consumer Price Index (CPI), held steady at 3.1% on a yearly basis. This figure surpassed market expectations, which had anticipated a rate of 2.9%. The higher-than-expected inflation rate suggests stronger upward price pressures in the Canadian economy during …

Goldman Sachs said the disruption to energy flows in the Red Sea would likely not have a major impact on crude oil and liquefied natural gas prices, as opportunities to reroute ships meant production should not be directly affected. Oil prices rose on Tuesday, continuing the gains they achieved in …

Japan’s Nikkei rose and the yen fell on Tuesday after the Bank of Japan kept its ultra-loose monetary policy unchanged and offered no hints of an early end to negative interest rates. The Nikkei rose 1.41 percent to end Tuesday at 33,219.39. The broader Topix index compensated for an early …

European stocks experienced a rise on Tuesday, driven by gains in the technology, travel, and entertainment sectors. Investors were particularly focused on the upcoming inflation data in the eurozone to gauge potential signals for next year’s interest rate cuts. The European STOXX 600 index saw a 0.3 percent increase by …

Gold prices fell in limited trading on Tuesday as investors awaited more US economic data this week that may shed light on the Federal Reserve’s monetary policy outlook. By 0535 GMT, gold in spot transactions fell 0.1 percent to $2,024.49 per ounce. US gold futures also fell 0.1 percent to …

Oil, Crude, trading

Oil, Crude, trading

japanese-yen

Oil, Crude, trading

Positive momentum characterized the trading of US crude oil futures contracts in the initial sessions of this week, reaching its pinnacle at $74.60 per barrel. From a technical standpoint, the price of oil has successfully established a solid foundation above the robust support level at 71.40. The ongoing support from …