The Swiss Central Bank raised interest rates Thursday, September 22, by 75 basis points for the second time in a row during the third quarter of 2022, to levels of 0.5% from -0.25%. The rise came by 75 basis points to -0.25% on June 16, which was the first rate …

Oil prices rebounded on Thursday after falling 1% in the previous session, as fears of tight supplies in the winter outweighed fears of a global recession. Brent crude futures rose 15 cents, or 0.2 percent, to $89.98 a barrel by 0657 GMT, offsetting losses in early Asian trade. US West …

European shares started lower on Thursday, with technology shares leading the decline, after the US Federal Reserve announced another big increase in interest rates and signaled further increases in its battle to contain rising inflation. The Stoxx 600 index fell 1.5 percent by 0707 GMT, and the German DAX lost …

Oil, Crude, trading

The Canadian dollar continues its sharp successive rise within the expected bullish context, surpassing the first target required to be achieved at 1.3425, recording its highest level at 1.3532 during the early trading of the current session. From the technical analysis point of view, the pair succeeded in breaching the …

Oil, Crude, trading

As we expected, US crude oil futures prices achieved a strong decline yesterday within the bearish directional movement, touching the first official target of the previous report at 82.65, recording the lowest price at 82.44. Technically, the regularity of movement within the descending price channel supports the continuation of the …

Gold prices reached the first bearish target at 1656 and approached by a few points at the next target, 1650, recording its lowest level of $ 1653 per ounce. Prices showed mixed trading after touching 1653, resuming the bullish intraday bounce to retest the 1686 resistance level and fail to …

A strong bearish trend dominated the euro’s movements against its US counterpart within the expected negative outlook during the previous analysis, touching all the required bearish targets to reach the last target of 0.9835, recording its lowest level at 0.9807 during the morning session of the current session. On the …

The British government said on Wednesday it would reduce the wholesale cost of electricity and gas to businesses and businesses to less than half the market price from next month to help ease the burden of soaring energy costs but adding to rapidly rising government spending. The wholesale price of …