Oil prices rose on Friday but were still heading for their biggest weekly decline since at least May, as expectations of increased supplies spooked investors. Brent crude rose 37 cents, or 0.5%, to $73.84 a barrel, and is set to lose 2.3% this week, the biggest weekly decline since May. …

Official data on Friday confirmed a slowdown in eurozone inflation in June after a steady acceleration in the first months of 2021, while the bloc’s trade surplus narrowed in May due to a decline in exports. The European Union statistics office Eurostat said consumer prices in the 19-nation currency bloc …

The Turkish lira rose to its highest level in a month on Friday, buoyed by fading fears of an imminent interest rate cut as well as increasing optimism over emerging market currencies. The lira rose 0.6% to 8.5 per dollar, extending its recovery from a record low of 8.88 in …

Gold prices fell on Friday, July 16, but remained on track to achieve gains for the fourth consecutive week, supported by the confirmation of the US Federal Reserve Chairman to stick to the accommodative monetary policy of the economic recovery. And the price of gold in spot transactions fell 0.3% …

European shares rose on Friday, July 16, after travel stocks rebounded, following sharp losses earlier in the week, while a slew of positive business results overshadowed concerns about the rising delta strain cases on the continent. The European STOXX 600 index rose 0.3%, making it destined to end the week …

Oil prices fell Friday, July 16, heading for their biggest weekly drop since at least May. Expectations of an increase in supply raised investor concerns, as OPEC is likely to raise production in line with a possible recovery in demand as more countries recover from the Covid-19 pandemic. The price …

The British Pound achieved the first bearish target published in the previous analysis, located at 151.60, to record its lowest level at 151.60. On the technical side, today, we tend to the negative, relying on the clear negative signs on stochastic, in addition to the stability of trading below 152.60. …

The Canadian dollar was able to complete the bullish correction referred to during the previous analysis, touching the official target station required to be achieved at 1.2600, recording its highest level at 1.2613. Technically, by looking at the 240-minute chart, we find the simple moving averages continuing to hold the …

Oil, Crude, trading

Oil, Crude, trading