European shares settled on Monday ahead of a slew of manufacturing activity data, as disappointing Chinese economic data raised fears of a global economic slowdown while erasing a jump in banking shares after strong HSBC results. The pan-European Stoxx 600 index settled at 7:09 GMT, tracking the effect of the …

Oil prices fell early on Monday as investors waited for officials from OPEC and other major producers to meet this week on supply adjustments. Brent crude futures were down 63 cents, or 0.6 percent, at $103.34 a barrel. US West Texas Intermediate crude fell to $97.87 a barrel, down 75 …

Japanese stocks had their best day in nearly two weeks on Monday, boosted by positive corporate results, while uncertainty over the global growth outlook kept gains limited. The Nikkei rose 0.7% to close at 27,993 points, and the broader Topix index rose 1 percent to 1960 points, their biggest gain …

Oil, Crude, trading

GBP/JPY starts its first weekly trading with a solid bearish tendency after it failed to maintain trading above 162.10, recording its lowest level during the early trading of the current session at 161.27. Technically, the daily trend is still bearish due to stability below the previously broken support-into-resistance, which is …

The negative pressure returned to control the movements of the Canadian dollar after it found a strong resistance level at 1.2855, which forced it to trade negatively to retest 1.2790. Technically, taking a closer look at the 4-hour chart, we are inclined to the negativity based on stochastic losing the …

Oil, Crude, trading

The yellow metal prices achieved good gains at the end of last week’s trading for the third consecutive session, after it succeeded in building on the support floor of 1755, recording its highest level of 1767, taking advantage of the weakness of the US currency. Technically, by looking at the …

The euro showed upward movements against the US dollar, which continued its descending correction to its lowest level in 3 weeks to record the highest level last Friday at 1.0254. Today’s technical vision indicates the possibility of continuing the bullish bias due to the positive motive coming from the 50-day …

Inflation in the US, as measured by the Personal Consumption Expenditures (PCE) Price Index, climbed to 6.8% on a yearly basis in June from 6.3% in May, the US Bureau of Economic Analysis reported on Friday. This reading came in higher than the market expectation of 6.7%. The Core PCE …