Japanese stocks rose at the close on Thursday, with investors buying shares again after a sharp decline in the previous session. Travel-related stocks led the rally, supported by hopes of a recovery in tourism. The Nikkei rose 0.21 percent to 27,875.91 points, recovering from its worst session in three months. …

Oil, Crude, trading

The technical outlook is unchanged, and the movements of the Canadian dollar did not change much, maintaining the positive stability we expected after it confirmed the breach of the 1.3120 resistance level. Technically, and with a careful look at the 4-hour chart, we find the simple moving average has returned …

Oil, Crude, trading

We adhered to intraday neutrality during the previous report for the second consecutive session due to the conflicting technical signals, to witness the movements of US crude oil in a positive trading session, as activating the buying positions requires a breach of 87.10, targeting 88.10 and 89.00 respectively, to record …

The technical outlook is unchanged, and there was no change in gold’s movements, maintaining the negative stability below the $1700 level per ounce, to start today’s session with a stable bearish tendency around its lowest level during the early trading of the current session at 1690. Technically, the simple moving …

Limited positive attempts dominated the euro’s movements against the US dollar, and it failed to maintain these gains above the parity point 1.0000, to start declining again, maintaining the same technical conditions of the previous report. Technically, the simple moving averages are still pressing the price from above, in addition …

The US Census Bureau will release the August Retail Sales report on Thursday, September 15 at 12:30 GMT, and as we get closer to the release time, here are the forecasts of economists and researchers of three major banks regarding the upcoming data. Commerzbank “The drop in gasoline prices is …

The Producer Price Index (PPI) for final demand in the US declined to 8.7% on a yearly basis in August from 9.8% in July, the data published by the US Bureau of Labor Statistics revealed on Wednesday. This print came in lower than the market expectation of 8.8%. The annual …

Gold prices fell during trading on Wednesday to extend the precious metal’s losses after losing more than 1% in yesterday’s session, affected by higher-than-expected US inflation data. In terms of trading, spot gold contracts settled at $1,702.52 an ounce after falling more than 1% in the previous session, while gold …