The price of crude oil has seen a bounce back higher after lows for the day at $87.25 stalled ahead of the lows from Friday at $87.01. The move back to the upside has...
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1 Minute
1 Minute
USD/JPY fails to hold above 135.00 on the day
The jump higher in the dollar after the US jobs report on Friday was encouraging but there still needs to be more in order to vindicate a return back to the year’s highs for...
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0 Minutes
EUR/USD Forecast: Pair Bangs Around in the Same Rectangle
The EUR/USD currency pair has rallied on Thursday to show signs of continuation in the same range that we have been in. The question now is whether or not we continue to see put downward pressure...
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2 Minutes
What threatens the global economy right now – expert opinions
Experts told what, in their opinion, is the greatest threat to the economy in the near future: inflation, recession, stagflation and other risks Lawrence Boon, Secretary of State for European Affairs attached to the...
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0 Minutes
Gold Forecast: Market Continue to Threaten the Same Area
The Gold market has to decide what it wants to do over the longer term, and Friday might be the day that we figure it out. Gold markets have rallied rather significantly during the day,...
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0 Minutes
Oil bounces fades as questions about US gasoline demand continue
WTI crude oil settled at $89.01, up 47 cents on the day. That’s a win for the bulls but certainly not the kind of bounce they were hoping for after yesteday’s breakdown below $90....
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0 Minutes
GBP/USD Forex Signal: Drop to 1.200 Likely Ahead of BoE Decision
Bearish View Sell the GBP/USD pair and set a take-profit at 1.2000. Add a stop-loss at 1.2230. Timeline: 1-2 days. Bullish View Set a buy-stop at 1.2200 and a take-profit at 1.2300. Add a...
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Eurostoxx futures +0.1% in early European trading
German DAX futures +0.3% UK FTSE futures +0.1% European indices saw a modest advance yesterday, with the gains not as stark as that of Wall Street. There is some balancing in that sense with...
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1 Minute
France July final services PMI 53.2 vs 52.1 prelim
Composite PMI 51.7 vs 50.6 prelim A modest revision higher to initial estimates but the services reading is still the weakest since January with new business growth slumping to a 15-month low. That highlights...
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1 Minute
Export duty on oil in August reduced by $2.2 to $53 per ton
From August 1, 2022, the export duty on oil in Russia will decrease by $2.2 – to $53 from $55.2 per ton in July , according to materials on the website of the Ministry...
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