Oil, Crude, trading

Positive trades dominated the movements of the Canadian dollar, building on the support of the psychological barrier 1.3500, to start trading today’s session on an upward slope, and hover around its highest level during the early trading of the current session 1.3560. Technically, the pair confirmed the breach of the …

Oil, Crude, trading

US crude oil futures prices continue to achieve losses, and oil starts with negative movements with the first trading of this week, and the current movements are witnessing stability around its lowest level during the morning trading of the current session at 78.80. Technically, prices are still operating within the …

Negative pressure continues to control gold prices within a bearish corrective tendency, after prices failed to maintain stability above the broken 1992 support, to start its first weekly trading by pressing 1972 support. Technically, and by looking at the 4-hour chart, we find that the simple moving averages continue to …

Narrow sideways movements still dominate the performance of the EUR/USD pair, finding the movements confined from below the support level of 1.0945 and above the resistance level of the psychological barrier 1.1000. On the technical side today, and with a close look at the 4-hour chart, we find the simple …

On Thursday, Nasdaq futures declined 1% as investors became concerned about the prospects for U.S. interest rates and Tesla shares fell after the electric vehicle manufacturer reported its lowest quarterly gross margin in two years. The major U.S. stock indices have held firm this week as mixed bank earnings allayed …

European stocks fell on Thursday after the mixed results of a number of companies listed on the Wall Street Stock Exchange, while investors await more economic data from the euro zone and corporate results to assess the strength of the region. The European Stoxx 600 index fell 0.2 percent, and …

Data from the Energy Information Administration on Wednesday showed that US crude oil inventories fell more than expected due to refinery consumption and higher exports, while gasoline inventories rose unexpectedly due to disappointing demand. Crude stocks fell by 4.6 million barrels in the week ending April 14 to 466 million …

As increased income from its wealth management division offset declining revenue from its investment banking and trading units, Morgan Stanley’s first-quarter profit exceeded expectations. However, in premarket trade, shares decreased by more than 2%. While wealth management witnessed an 11% increase in revenue and brought in $110 billion in net …