US indices closed collectively higher in Thursday's session, as technology stocks continued to rally, in addition to hopes of easing monetary tightening.Data earlier in the day showed that jobless claims last week rose m... [read more]
Gold prices rose about 1 percent today, Thursday, with increased demand for the precious metal due to the decline in the dollar and lower bond yields, while investors await US inflation data for indications of the next F... [read more]
Gold prices recorded the third losses in 4 sessions when settling the trading session of Wednesday, the twenty-ninth of March, amid the gains of the dollar, and the fading of investors’ appetite for safe havens.Upon sett... [read more]
Oil achieves gains for the third day in light of Kurdish supply concerns and the decline of the banking crisisOil prices rose for a third day in early Asian trading on Wednesday, March 29, as the suspension of some expor... [read more]
Technology stocks are putting pressure on US indices.. Alibaba stock is soaringThe Nasdaq Composite Index is down for the second consecutive session Alibaba stock rose to a 6-week highUS indices closed with collecti... [read more]
Oil prices continued to rise at the settlement of trading on Tuesday, the twenty-eighth of March, amid easing concerns related to the banking sector, and the strength of energy demand from China.Crude prices also benefit... [read more]
Gold prices fell by more than 1% at the settlement of trading on Monday, the twenty-seventh of March, amid receding fears of a crisis in the banking system.Upon settlement, gold futures fell 1.5% to $1953.80 an ounce.Fir... [read more]
European indices rose at the end of the trading session on Monday, the 27th of March, with the return of cautious optimism after the sharp losses recorded during Friday's session.At the end of the session, the STOXX600 i... [read more]
The Fed endangers the economy by not prioritizing the stability of the banking systemThe chief economist of Moody's Mark Zandi said that the Federal Reserve does not prioritize the stability of the US banking system and ... [read more]
Oil prices fell today, Friday, with European bank shares falling, and after US Energy Secretary Jennifer Granholm said that it could take years to refill the US Strategic Petroleum Reserve, which undermines demand expect... [read more]