Oil, Crude, trading

During the previous trading session, Gold prices jumped within the expected bullish context in the last analysis. Therefore, we relied on confirming the 1981 breakthrough capable of extending gold’s gains to visit the first target in 1988 and then 2000, recording its highest level in 1999. On the technical side …

The single European currency ended last week’s trading with a noticeable decline within the expected bearish context mentioned in the previous analysis, touching the first official target required around 1.0775, recording its lowest level at 1.757. Technically, the pair witnessed quiet trading due to the European market holiday yesterday. However, …

Gold prices jumped about 1 percent to their highest level in more than a month on Monday, as concerns about the economic fallout from the Russia-Ukraine war and rising inflation pushed investors to the precious metal as a safe haven. And the price of gold in spot transactions reached 1993.28 …

The ruble swung around the 80 level against the dollar on Monday, while stock indices slipped slightly as the market lacked fresh momentum and monitored developments around what Russia calls a “special military operation” in Ukraine. The Ukrainian Foreign Minister said that there had been no diplomatic contact between Russia …

Oil prices rose to their highest level in nearly three weeks on Monday, as fears of a global supply tightness intensified as the crisis in Ukraine deepened, raising the prospect of tougher Western sanctions against Russia, the world’s largest crude exporter. Brent crude futures rose 1.09, or 1.0 percent, to …

China’s annualized GDP figures for the first quarter of 2022 arrived at % vs. 4.4% expected and 4.0% previous, with the QoQ reading coming in at 1.3% vs. 0.6% expected and 1.5% previous. With regard to Retail Sales YoY for March, the number was -3.5% vs. -1.6% expected and 6.7% …

Gold prices rose on Monday to touch their best level since mid-March after the Russian-Ukrainian crisis pushed investors to safe haven. And the price of gold in spot transactions rose 0.5 percent to $ 1984.20 an ounce its highest level since March 14. And US gold futures rose 0.8 percent …

The euro plunged to a two-year low against the dollar on Thursday, as comments by European Central Bank President Christine Lagarde were taken as a sign that the bank will not be in a rush to raise interest rates. The euro fell to $1.0758, its lowest since April 2020. Lagarde …

Japan’s Industry Ministry said on Friday it will release six million barrels of oil from privately owned reserves, as part of its contribution to the second round of coordinated withdrawals from reserves led by the International Energy Agency to cool crude prices. Japan will release the amount of oil, which …