Oil prices edged higher on Thursday, extending gains from the previous session, as a European Union proposal for new sanctions against Russia, including an embargo on crude in six months, offset concerns over Chinese demand. Brent crude futures had climbed 35 cents, or 0.3%, to $110.49 a barrel by 0209 GMT, while U.S. West Texas
Month: May 2022
Shell posted adjusted earnings of $9.1 billion for the first quarter of 2022. Ben Stansall | Afp | Getty Images LONDON — Oil giant Shell on Thursday reported its highest quarterly profit since 2008 on soaring commodity prices, fueling calls for a one-off windfall tax on oil and gas companies to help U.K. households with
Silver prices remain pressured around intraday low, down for third consecutive day. Multiple levels marked since September 2021 limited immediate downside ahead of $21.42. Three-week-old descending trend line, bearish MACD signals challenge recovery moves. Silver (XAG/USD) prices stay on the back foot at around $22.25, printing a three-day downtrend during Monday’s Asian session. In doing
#forex_trading_for_beginners #forex_trading_for_beginners_bangla_tutorial #forex_trading_bangla_tutorial_2022 Forex trading is always discussed more or less. But no one publicly presents the principles and rules in front of everyone with the right information & data. We don’t get the right directions on live Market. Almost everyone online is working day and night to earn income. We can’t learn properly because
TTC Forex University Details – https://ttcfxuniversity.com/pre-launch-sale This Technical analysis trading strategy has created some of my most profitable trading opportunities. Most people know what technical analysis is. But, if you do not know how to use technical analysis in order to create powerful trading strategies, then it will be hard to ever make money in
The S&P 500 and the Nasdaq have declined for five consecutive weeks, indicating that traders continue to reduce exposure to risky assets. Bitcoin’s (BTC) close correlation with United States equity markets has resulted in its price remaining under pressure. Bitcoin has extended its decline during the weekend and is now on track for its sixth
20 year UK gilt yields The 20 year UK Gilt yield reached a new cycle high and highest level since May 2016. The high yield reached 2.255%. That is up from the February 28, 2022 week low at 1.369%, and up from the December 6, 2021 week low at 0.861% Looking at the weekly chart,
Week ago today, the month of April ended with the NASDAQ index down over 13%. The market rallied on Monday, Tuesday, and Wednesday getting the month of May off to a good start. However yesterday’s sharp declines, and follow through selling today push the major indices lower on week. In other words the markets snatched
May 6: Gold prices edged lower on Friday and looked set to fall for a third straight week, weighed down by a robust dollar and rising yields, while investors await the U.S. jobs report to assess its impact on monetary policy. FUNDAMENTALS * Spot gold fell 0.4% to $1,869.26 per ounce, as of 0137 GMT,
In this article W Niraj Shah, CEO, Wayfair Ashlee Espinal | CNBC Wayfair shares tumbled in premarket trading Thursday after the online furniture retailer reported larger-than-expected losses in the first quarter as shoppers scaled back their spending on the home category. Wayfair also announced its chief financial officer, Michael Fleisher, is set to retire early
GBP/USD grinds lower but stays around 1.2350s after upbeat US NFP report The British pound appears to regain composture but remains losing in the day, down 0.06%, after the Bank of England hiked rates by 25-bps on Thursday. At the time of writing, the GBP/USD is trading at 1.2352. The GBP/USD is still downward biased, though
AUDUSD has found sellers near the higher MAs Both the AUDUSD and NZDUSD has seen up and down price action today, as the trading week works toward the close. However, both pairs have found sellers near their hourly MAs at the session highs. Staying below keeps the sellers more in control today and going into
The ongoing saga of the attempt to restart talks to revive Iran’s 2015 nuclear deal with world powers in … still ongoing. A couple of weekend updates. The Financial Times reported the EU’s foreign policy chief Josep Borrell told the news outlet that he was seeking a “middle way” to end the impasse Aljazeera have
It was a week that belonged to central banks and amid increased volatility in financial markets, the US dollar emerged as the clear winner. Continuing investor flow towards the US dollar pressurized not just gold but commodities at large. The US dollar index slumped immediately post the US Fed decision but witnessed a sharp rebound
In this article SG A Sweetgreen banner on the NYSE, November 18, 2021. Source: NYSE Sweetgreen on Thursday reported widening losses for its first quarter, but sales jumped 67% as workers returned to their offices and resumed their old lunchtime routines. Shares of the company rose more than 5% in extended trading. Here’s what the
The Australian dollar finished the week in an upbeat tone, with gains of 0.15%. A dismal market mood was not an excuse for the AUD to appreciate vs. the greenback. The pace of rate hikes by the RBA/Fed would favor the US dollar. The AUD/USD snapped five consecutive weekly losses and is recording decent gains
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Bitcoin (BTC) found a new home at $36,000 into May 7 as volatility finally cooled into the weekend. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Terra down at least $250 million in crunch Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling the $36,000 mark overnight after losing 12% in just 72 hours. Still near
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