The euro-dollar pair touched the second bearish target during the previous trading session, 1.0800, recording its lowest level at 1.0802. On the technical side, the pair’s movements witnessed an upward rebound as a result of touching the support of the psychological barrier represented by the target 1.0800, to return positively, …

US equities are trading higher on Wednesday as lower 10-year US Treasury yields aid long-term technology sectors thrive. The 10bps drop in 10-year yields is likely due to investors dialling back some of the recent build-up in growth expectations that saw yields climb to the highest levels since the Great …

The seasonally adjusted S&P Global/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) fell further in August to 42.5 from 45.0 predicted and 45.3 in July. Meanwhile, the Preliminary UK Services Business Activity Index fell to a seven-month low of 48.7 in August, compared to a final print of 51.5 in July …

European stocks opened higher on Wednesday, as mining stocks led gains thanks to higher metal prices, while Swiss pharmaceutical Roche supported health care stocks. And by 0707 GMT, the European Stoxx 600 index rose 0.4 percent. Mining stocks rose 0.9 percent as prices of most industrial minerals rose. Roche shares …

Oil prices rose on Monday as global supply tightened due to reduced exports from Saudi Arabia and Russia outweighed concerns about global demand growth amid high interest rates. And by 0301 GMT, Brent crude oil prices rose 75 cents to 85.55 dollars a barrel. West Texas Intermediate crude rose 80 …

Oil, Crude, trading

Oil, Crude, trading

Quiet positive trades continue to dominate the Canadian dollar’s movements within a gradual rise towards the required target of 1.3575, recording its highest level at 1.3565. Technically, the 50-day simple moving average is still holding the price from below, in addition to the positive signs coming from the RSI, which …

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Oil, Crude, trading