European shares fell on Wednesday, after rising more than 5% in the previous three sessions, on the back of easing concerns about the pace of monetary tightening, as well as investors awaiting a slew of regional and US data due later on Wednesday. The pan-European Stoxx 600 index was down …

Japan’s Nikkei broke through an important psychological barrier on Wednesday, boosted by retail stocks, although sentiment remained muted compared to global markets, which were boosted by the prospect of central banks calming sharp tightening policies. The Nikkei index broke the 27,000-point barrier for the first time since Sept. 22 and …

The American Petroleum Institute said that crude oil inventories fell by 1.8 million barrels in the week ending September 30th. In its weekly report, the American Institute stated that gasoline stocks fell by 3.5 million barrels last week, and distillate stocks fell by 4.1 million barrels. On Wednesday, the US …

Oil, Crude, trading

The Canadian dollar declined noticeably within the expected negative outlook during the previous technical report, touching the official target station at the price of 1.3510, recording its lowest level at 1.3505. Technically, by looking at the 4-hour chart, we find the simple moving averages continuing their negative pressure on the …

Oil, Crude, trading

US crude oil futures prices jumped, achieving noticeable gains as expected, exceeding the official target required to be achieved at 86.30 to record the highest level of $86.95 per barrel. Technically and carefully looking at the 240-minute chart, we find that the 50-day simple moving average continues to hold the …

Gold prices achieved strong gains within the upward trend during the previous trading session, as we expected, touching the official target station located at $1730 per ounce. Today’s technicals indicate the possibility of continuing the rise, with the positive motive coming from the 50-day simple moving average that supports the …

The euro advanced during the last session’s trading against the US dollar, achieving noticeable gains within the expected technical outlook yesterday, touching the second required official target at 0.9940, recording its highest level around the parity point 1.0000. Technically, we tend in our trading to the positive, relying on the …

The Kremlin said Tuesday (October 4) that Tesla founder Elon Musk has outlined a possible peace deal with Ukraine as a “positive step,” hours after Kyiv criticized Musk’s call for a negotiated settlement to the seven-month conflict.Kremlin spokesman Dmitry Peskov told reporters on a conference call that Moscow was always …