The shares of the American giant General Electric Company rose by about 6%, on Tuesday evening, hours after announcing its plan to split into 3 companies, after years of poor performance of its shares and the accumulation of debts. The…
Continue ReadingThe EURUSD surrenders Asian gains and returns to the 100 hour MA bias defining mark. 1.15703 is the 100-hour moving average. During yesterday's trading, the EURUSD moved above and below its 200 hour moving average, settling close below it. During…
Continue ReadingGold prices stabilized today, Tuesday, near their highest level in two months, in conjunction with the decline of the dollar, and the decline in US bond yields. On Monday, gold prices closed at their highest level in two months as…
Continue ReadingBoosted by a $1 trillion U.S. infrastructure bill, global stock markets held the line close to their all-time highs on Tuesday but investors were reluctant to commit further to the rally before getting a clearer picture of the surge in…
Continue ReadingOil production in West Africa is facing significant challenges that make it difficult to return to pre-coronavirus levels, although global crude production is on the way to recovery. A recent report by the energy research firm Rystad Energy believes that…
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