Oil prices rose about 1 percent on Friday, extending gains from the previous session, after data showed a decline in fuel stocks in the wake of the winter storm that swept the United States at the end of last year. And by 0203 GMT, Brent crude futures rose 79 cents, …

Oil, Crude, trading

Negative trading dominated the movements of the Dow Jones industrial index on Wall Street, after it failed to maintain positive stability above 33,030, explaining that the infiltration below 33,030 puts the index under strong negative pressure to target 32,840, recording its lowest level at 32,806. Technically, the simple moving averages …

Oil, Crude, trading

Mixed trading tended to limited positivity, dominating the prices of US crude oil futures contracts, trying to compensate for part of its losses, recording a high of 74.88. Technically, upon closer look at the chart, the simple moving averages continue to exert negative pressure on the price from above. Still, …

Gold prices came under negative pressure during the previous trading session, recording a low of $1825 per ounce, stable below the support of the bullish channel. Technically, and despite the decline witnessed by gold prices, it is still stable above the main support floor published during the previous analysis, at …

We remained neutral during the previous report, for the second session in a row, due to a contradiction between the technical signals, as the movements of the Euro-dollar pair witnessed a downward trend, recording its lowest level at 1.0520. On the technical side, we previously indicated that the support level …

The buoyancy of nonfarm payroll growth has seemed at probabilities with other signs that the jobs market is beginning to sour. As a result, we look for nonfarm payroll growth to decrease noticeably in the months ahead, starting with December’s employment report showing hiring slowing to 205,000. Demand for employees …

There were 204,000 initial jobless claims in the week ending December 31, the weekly data published by the US Department of Labor (DOL) showed on Thursday. This print followed the previous week’s print of 223,000 and came in better than the market expectation of 225,000. Further details of the publication …

European stocks fell on Thursday ahead of the release of inflation data in the eurozone and after the release of the minutes of the Federal Reserve meeting in December, which showed the US central bank’s commitment to curbing inflation. The pan-European STOXX was down 0.3% by 0810 GMT, after rising …