European shares rose on Monday as mining stocks rose on hopes of rising demand from China, while caution prevailed after a top policymaker at the Federal Reserve said the bank would not “relax” its fight against inflation. The pan-European Stoxx 600 index rose 0.1 percent by 0811 GMT, after posting …

Oil prices pared their previous gains and fell Monday, November 14, affected by the rise in the dollar and the increase in Corona virus infections in major Chinese cities, which dashed hopes of reopening the economy of the world’s largest importer of crude. Brent and US West Texas Intermediate crude …

Oil prices rose about 1 percent on Monday, extending gains from the previous session, as China eased some of its strict protocols to combat the Coronavirus, raising hopes of a recovery in economic activity and demand in the world’s largest importer of crude. Brent crude and US West Texas Intermediate …

Japan’s Nikkei closed lower on Monday after hitting a two-month high in the previous session, as investors booked profits and market heavyweight SoftBank Group fell after its investment arm Vision Fund reported another big quarterly loss. The Nikkei index closed down 1.06 percent to 27,963.47 points, while the broader Topix …

Gold prices fell on Monday from a three-month high reached in the previous session as the dollar and US bond yields rose after a senior Federal Reserve official warned that the board was not easing its fight against inflation. And the price of gold in spot transactions 0.5 percent to …

Oil, Crude, trading

The Canadian dollar resumed the bearish trend as we expected during the technical report issued last Friday, touching the second target that is required to be achieved at 1.3230, recording its lowest level at 1.3234. From the angle of technical analysis today, and carefully looking at the 4-hour chart, we …

Oil, Crude, trading

US crude oil futures prices witnessed a bullish tendency at the end of last Friday’s trading to temporarily reverse the bearish trend, recording its highest level around $90.00 per barrel. Technically, oil prices are currently hovering around the 50-day simple moving average that is trying to push the price to …

The euro achieved strong gains against the US dollar at the end of last week’s trading, within the expected positive outlook, surpassing the required official target at 1.0290, recording the highest level at 1.0366. On the technical side, the simple moving averages still support the daily bullish curve in prices, …