According to preliminary figures released by the Commerce Department on Thursday, the United States’ economic growth slowed down more than was anticipated in the first quarter. The largest economy in the world saw real gross domestic product growth decelerate from 2.6% in the final three months of 2022 to 1.1% …

Oil prices stabilized on Thursday, after Wednesday’s decline reflected the supportive impact of a sudden production cut by the Organization of the Petroleum Exporting Countries this month. By 1033 GMT, Brent crude was trading at $77.72 a barrel, up three cents, or 0.04 percent. US West Texas Intermediate crude also …

Gold prices rose on Thursday as the dollar weakened as investors prepared for a batch of US economic data to be released ahead of next week’s Federal Reserve (Central Bank) monetary policy meeting. By 0230 GMT, spot gold rose 0.4 percent to $1996.50 an ounce, while US gold futures rose …

Most Japanese stocks rose on Thursday, led by manufacturing companies, on profit optimism, while concerns about the banking sector weighed on financial companies. The Nikkei index rose 0.15 percent to close at 28,457.68 points, recovering from a drop of 0.6 percent at the beginning of the session. The broader Topix …

European stocks fell on Thursday despite positive earnings from a group of companies, as turmoil over First Republic Bank continues to worry investors about the global banking sector. The pan-European Stoxx 600 index was down 0.1% by 0720 GMT, as media stocks fell 1.6%. Shares in Universal Music Group fell …

Oil prices rose on Thursday, recouping earlier losses fueled by fears of a recession in the US and increased Russian oil exports offsetting the impact of OPEC production cuts. By 0039 GMT, Brent crude was trading at $78.04 a barrel, up 35 cents, or 0.45 percent. US West Texas Intermediate …

Oil, Crude, trading

The bullish trend still dominates the Canadian dollar’s movements, with a gradual rise to the upside within the expected bullish context. However, it reached its highest level, around 1.3650 resistance, which succeeded in limiting the bullish bias. Technically, the bullish trend is still the most preferred, relying on trading stability …

Oil, Crude, trading

The US crude oil futures prices incurred heavy losses, exceeding the target to be achieved at the price of 76.10, recording its lowest level of $74.10 per barrel. Technically, with the regularity of work within the descending channel as shown on the 240-minute chart, and with the negative intersection of …