Oil prices rose on Wednesday after data showed a larger-than-expected drop in crude stocks in the United States, the world’s largest fuel consumer, and amid expectations of a recovery in demand with the expansion of vaccinations. Brent crude rose $1.08, or 1.5 percent, to $74.68 by 1226 GMT, while US …

Gold prices held within a narrow range near the key $1800 level as lower US inflation data fueled doubts about the time frame for the Federal Reserve’s move to cut stimulus measures. Spot gold fell 0.2 percent to $1,800.3 an ounce by 0904 GMT, but was slightly below a week’s …

Eurozone industrial production rose 1.5% more than expected in July, according to data released Wednesday, September 15th, thanks to higher production of capital goods and consumer non-durable goods. The European statistics office Eurostat reported that industrial production in the 19 countries dealing in the euro currency rose 1.5% on a …

Japan’s Nikkei fell at the close on Wednesday from a three-decade high hit in the previous session as investors took profits after a strong rally in the past two weeks, as regulatory concerns in China weighed on SoftBank Group and real estate stocks. The Nikkei index fell 0.52% to close …

Britain’s inflation rate hit its highest level in more than nine years last month after the biggest monthly jump to the annual rate in at least 24 years, in large part due to an extraordinary increase due to a program to cut food prices last year. Consumer prices rose 3.2% …

European shares fell Wednesday, September 15th on concerns about a slowdown in the Chinese economy, a decline in travel and leisure stocks, and rising inflation in Britain, and the impact on sentiment in early trade. By 07:11 GMT, the European STOXX600 index was down by 0.1%. Asian shares fell after …

Oil prices rose on Wednesday, September 15th, after data showed a larger-than-expected decline in crude stocks in the United States, the largest consumer of fuel in the world, in addition to expectations of a recovery in demand with the expansion of vaccinations. But the decline in China’s consumption of crude …

The current movements of the German DAX index are witnessing a bearish tendency after it failed to stabilize above the 15,750 resistance level. Technically, today we tend to the negativity, relying on the negative pressure coming from the simple moving average that continues to pressure the price and RSI below …

Oil, Crude, trading

The British pound managed to touch the first target required at 152.80, then declined quickly towards 151.00. Technically, with the negative pressure of the simple moving averages and the apparent negativity features on the stochastic indicator. Therefore, the bearish bias is preferred today, provided that we confirm the breach of …