European stocks rose on Friday, as industrial and financial stocks rose on optimism related to China’s easing of anti-Covid-19 restrictions, while Credit Suisse jumped after news of a capital increase. The pan-European STOXX 600 rose 0.2 percent by 0810 GMT, and appeared to be heading for an increase after losing …

Gold prices rose on Friday, supported by a weak dollar, while investors prepared for important inflation data in the United States and the Federal Reserve’s decision to raise interest rates next week. Spot gold increased 0.2% to $1,793.16 an ounce by 0241 GMT, but has fallen 0.3% since the beginning …

Japanese stocks jumped on Friday, led by chip-related and other blue-chip stocks, after Wall Street closed higher Thursday night, supported by growing hopes of a recovery in global economic growth following China’s easing of anti-COVID-19 restrictions. The Nikkei index closed up 1.18 percent at 27,901.01 points, recording the largest daily …

Oil, Crude, trading

The Canadian dollar reversed the expected bullish trend during the previous report, in which we relied on the stability of intraday trading above the support level of 1.3620, to decline to the downside as a result of approaching the resistance level of the psychological barrier 1.3600. Technically, we tend towards …

Oil, Crude, trading

Mixed trading dominated the price movements of US crude oil futures without a clear real direction, recording a low of 71.14 after recording a high of $75.41 per barrel. Technically, by looking at the 4-hour chart, we find that the simple moving averages continue the negative pressure on the price …

Positive trades dominated gold prices within the gradual upward path, as we expected, relying on the success of gold prices in forming a solid support ground around 1764, in addition to confirming the breach of the 1786 resistance level, for gold to record its highest price during the early trading …

The Eurodollar pair moved positively during the previous trading session after it succeeded in activating the pending purchase order mentioned yesterday at 1.0510, explaining that this can enhance the chances of a rise towards the first target 1.0555, recording its highest level at 1.0586. The technical side today indicates the …

Data from the Iraqi State Oil Marketing Company (SOMO), seen by Reuters on Thursday, showed that Iraq produced 4.43 million barrels per day of crude oil in November, down 221 thousand from October. These figures show that Iraq’s crude production is in line with its quota under the OPEC + …