With the Black Sea ports closed, Ukraine can export 600,000 tons of grain and oilseeds per month, but may increase its export capacity to 2 million tons, the Ukrainian Grain Traders Union (UGA) said on Monday. Ukraine used to export almost all of its grains and oilseeds through seaports but …

The euro appeared to be on its way on Monday to end a seven-day losing streak against the dollar, as the European single currency rallied after French President Emmanuel Macron defeated far-right rival Marine Le Pen in the first round of the presidential election. Investors’ concern about the future trends …

The data published by the UK’s Office for National Statistics showed on Monday that the real Gross Domestic Product grew by 0.1% on a monthly basis in February. This print followed January’s expansion of 0.8% and missed the market expectation of 0.3%. Other data from the UK revealed that the …

Japan’s Nikkei closed lower on Monday, as technology stocks followed the Nasdaq’s decline, which was affected by the Federal Reserve’s (US Central Bank) strong move to tackle inflation. The Nikkei index fell 0.61 percent to close at 2,6821.52 points after it had been trading higher earlier in the session. The …

Oil prices fell more than $2 a barrel on Monday, following a second consecutive weekly decline after countries announced plans to withdraw record amounts of crude and petroleum products from their strategic stocks and as lockdowns continued in China. Brent crude fell $2.05, or 2.0 percent, to $100.73 a barrel …

Oil, Crude, trading

Oil, Crude, trading

There were positive attempts by the Canadian dollar to achieve the expected bullish rebound at the end of last week’s trading, recording its highest level around the psychological resistance level of 1.2600. Technically, the pair’s current movements are witnessing a bearish tendency as a result of the negativity features that …

Oil, Crude, trading

After several consecutive sessions of our commitment to neutrality, waiting for the gold price to exit the sideways range between 1925 and 1940, explaining that activating purchase orders depends on gold’s ability to penetrate 1940 to target 1948, recording its highest price last Friday’s transactions 1948. From the angle of …