Oil prices fell on Wednesday, April 28, in light of the rapid spread of Covid-19 cases in India and an increase that exceeded expectations for crude stocks in the United States, which overshadowed the confidence shown by OPEC and its allies in the strong recovery of global demand for fuel. …

The Saudi Crown Prince Mohammed bin Salman, in televised remarks on Tuesday, that the kingdom is in discussions to sell one percent of Saudi Aramco to a global energy company. Prince Mohammed added that Aramco, the world’s largest oil company that was listed on the Saudi Stock Exchange in 2019, …

The dollar rose slightly on Wednesday as all eyes turned to the US Federal Reserve’s policy statement and a speech by President Joe Biden later on Wednesday regarding trends in hopes that this will increase the scope for the currency’s recovery after a month of decline. The dollar index recorded …

Gold prices fell to their lowest level in a week on Wednesday, April 28, with US Treasury yields rising ahead of the US Federal Reserve’s monetary policy statement due for release later today. And the price of gold in the spot market fell 0.5% to $1767.66 an ounce after it …

Deutsche Bank announced a profit of 908 million euros, equivalent to about $ 1.1 billion in Q1, supported by continued strong performance in the investment banking sector. The bank largely exceeded analysts’ forecasts for a net income of 642.95 million euros, according to Refinitiv, and showed a marked improvement from …

Japanese stocks closed slightly higher on Wednesday, April 28, led by technology stocks, but concerns about corporate expectations limited the gains, even as investors awaited a decision from the US Federal Reserve. The Nikkei index rose 0.21% to close at 2,9053.97 points, while the broader TOPIX index increased 0.29% to …

The support levels published in the previous analysis at 55,120 managed to limit the bearish bias, which forced Bitcoin to rebound again. Today we are biased towards the positivity, relying on the positive motive of the 50-day moving average, in addition to the price temporarily stabilizing above 52,230. Confirming the …

The technical outlook is unchanged, and the German DAX index has not changed its movements, maintaining the bullish stability above the support level of 15,200. On the technical side today, we tend to be positive, with the index succeeding in building a base on the support floor of 15,200. The …

The Dow Jones Industrial Average declined during the previous trading session after finding a strong resistance level around 33,970 as the current moves witnessed stability above the sub-support level of 33,760. On the technical side today, and despite the downside moves, the RSI indicator is still providing positive signals in …

Positive trading dominated the movements of the pound sterling against the Japanese yen, touching the official target required to be achieved during the previous analysis at 151.15, recording its highest level at 151.22. On the technical side, today we tend to be positive with the pair’s success in building a …