Oil, Crude, trading
Read More »Gold Extends Its Gains 8/2/2022
Gold prices jumped during the first trading of this week within the expected upward path during the previous analysis, heading to touch the first station 1819, approaching by a few points, at the second price station 1825, recording its highest level 1823. On the technical side today, and by looking …
Read More »The Euro is Witnessing Intraday Stability Above Support 8/2/2022
The euro’s movements did not witness little change during the first trading of this week, trying to maintain its gains that extended towards the 1.1475 areas, to see the stability of the current movement above the psychological level of 1.1400. On the technical side, the 50-day moving average is still …
Read More »Market Drivers – European Session 7-2-2022
European shares rebounded on Monday after five straight weeks of losses, as gains in mining stocks and positive business results overshadowed fears of a series of looming monetary policy tightening and geopolitical tension. The pan-European Stoxx 600 index rose 0.1 percent, after falling 0.7 percent last week. The euro fell …
Read More »Chinese Foreign Ministry: China and America Should Deal With Trade Issues on The Basis of Mutual Respect
China and the United States should approach trade issues on the basis of mutual respect, China’s Foreign Ministry said on Monday, after U.S. officials urged Beijing to take concrete measures to fulfill commitments under a trade deal. No trade disputes are not in anyone’s interest, Foreign Ministry spokesman Zhao Lijian …
Read More »The Euro Falls After US Data Supported The Dollar’s Recovery
The euro fell on Monday after rising last week that followed a shift from the European Central Bank to tighten monetary policy, as traders turned to the dollar on bets that the jump in jobs created by the US economy in January could lead to faster rate increases than US …
Read More »European Shares Rebound, Supported by The Mining Sector
European shares rebounded on Monday after five straight weeks of losses, as gains in mining stocks and positive business results overshadowed fears of a series of looming monetary policy tightening and geopolitical tension. The pan-European Stoxx 600 index rose 0.1 percent, after falling 0.7 percent last week. Mining stocks led …
Read More »Eurozone Sentix Investor Confidence Improves to 16.6 in February
Eurozone’s investor sentiment extended its upbeat momentum in the second month of 2022; the latest data published by the Sentix research group showed on Monday. The gauge jumped to 16.6 in February from 14.9 in January vs. an advance to 15.2 expected. The index extended its recovery from the lowest …
Read More »Oil Prices Fluctuate Amid Market Focus on Tight Supplies And US-Iran Talks
Oil prices swung up and down on Monday, as some investors booked profits amid signs of progress in talks between the United States and Iran, while others remained optimistic about support for rising consumption as supply constraints remain. Brent crude rose 20 cents, or 0.2 percent, to $93.47 a barrel, …
Read More »German Dax: Re-testing Support 7/2/2022
The German DAX index started its first weekly move on a slight bullish slope, benefiting from the pivotal support level of 15,100. It is now hovering around its highest level during the early trading of the current session 15,19. Technically, the 60-minute chart indicates the possibility of continuing the rise …
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