Official data showed that the Turkish economy grew by 7.4% on an annual basis in the third quarter of 2021, in line with expectations of higher demand for retail sales, industrial production, and exports. The data of the Turkish Statistical Institute showed GDP growth of 2.7% compared to the previous …

Speaking on Dubai TV, Monday, Mohamed Hashad, Director of Research and Development at Noor Capital and member of the American Association of Professional Technical Analysts shed light on a number of developments in the markets this week Oil Hashad indicated that last Friday, there was a state of panic that …

The annualized Eurozone Consumer Price Index (CPI) jumps by 4.9% in November, surprising markets to the upside while higher from the previous rise of 4.1%, the latest data published by Eurostat showed on Tuesday. The consensus forecast was for a drop to 3.7%. The core figures arrived at 2.6% YoY …

The dollar fell against other major currencies on Tuesday, and the yen rose to near its highest levels in more than two weeks after the CEO of Moderna Pharmaceuticals told the Financial Times that current vaccines against Covid-19 are likely to be less effective against the new mutant Omicron. Markets …

Japanese shares closed lower for a third straight session on Tuesday after the CEO of Moderna Pharmaceuticals told the Financial Times that current COVID-19 vaccines are likely to be much less effective against the new mutant Omicron than previous mutated strains. Japan’s Nikkei index fell 1.63 percent to 27,821.76 points, …

Gold prices rose on Tuesday after the president of Moderna warned that COVID-19 vaccines will likely not be as effective against the Omicron mutant as they are with the Delta strain. And gold rose in immediate transactions 0.3 percent to 1790.92 dollars an ounce (an ounce). US gold futures rose …

Oil prices retreated, giving up gains on Tuesday, November 30, dropping by more than two dollars, as financial markets declined in general after an interview with the CEO of Moderna raised doubts about the effectiveness of anti-Corona vaccines against the new mutant Omicron. The president of Moderna Pharma told the …

Negative movements dominated the movements of GBP/JPY after it found a resistance level around 151.70, which forced it to retest 150.60. On the technical side, and by carefully looking at the 60-minute chart, we notice the continuation of the negative pressure coming from the 50-day moving average, in addition to …

The Canadian dollar started today’s trading session with an upward bias within the expected positive technical outlook, maintaining the intraday stability above the breached resistance level of 1.2730. Technically, the bullish scenario is still valid and effective, based on the positive motive of the 50-day moving average, which meets around …

Oil, Crude, trading