Goldman Sachs expects the US Federal Reserve to raise interest rates 4 times this year, in March, June, September and December, according to Bloomberg. Rapid progress in the US labour market and hawkish signals in minutes from the Dec 14-15 Federal Open Market Committee suggest faster normalisation, Goldman’s Jan Hatzius said in …

European shares fell in early trading on Monday, after last week’s first weekly decline in three weeks, amid rising Covid-19 infections and increasing uncertainty over the course of interest rates. The pan-European STOXX 600 index fell 0.4 percent at 0830 GMT, weighed down by falls in the real estate, technology …

Oil prices rose Monday, January 10, as supply disruptions in Kazakhstan and Libya offset fears stemming from the rapid global rise in infections with the mutated Omicron strain of the coronavirus. Brent crude rose 16 cents, or 0.2%, to $81.91 a barrel, while US West Texas Intermediate crude rose 15 …

Gold settled on Monday near its lowest level in three weeks, as traders awaited US inflation data for the month of December, which may boost expectations that the Federal Reserve will raise interest rates sooner than expected after weak data on the US employment rate. There was little change in …

The German DAX index starts its first weekly move on an upward slope after it managed to build on the support of 15,850, to reach its highest level at 16,050. On the technical side, today we tend to the positivity, but with caution, relying on the positive motive of the …

Oil, Crude, trading

The positive attempts of the pound against the Japanese yen continue after it managed to benefit from the 156.50 support level, to reach its highest level during today’s session at 157.30. On the technical side, we tend to be positive, but with caution, relying on the stability of trading above …

We adhered to intraday neutrality during the previous analysis due to the conflicting technical signals, clarifying that the bearish trend depends on confirming the break of 1.2700 to target 1.2630. As a result, the pair recorded its lowest price at 1.2630. Technically, the bearish technical structure shown on the 240-minute …

Oil, Crude, trading

Oil, Crude, trading