Oil prices rise on deep weekly draw in US crude inventories
By Nicole Jao NEW YORK (Reuters) -Oil prices gained about 1% on Wednesday after a larger-than-expected decline in U.S. crude stocks, but gains were capped by concerns about rising global…
Oil prices up on deep weekly draw in US crude inventories
By Nicole Jao NEW YORK (Reuters) -Oil prices were up slightly on Wednesday after a larger-than-expected decline in U.S. crude stocks, but thin trading ahead of the U.S. Independence Day…
UK Conservative Party Decline Signals shift in Political Landscape
The UK Conservative Party decline has become a significant topic as the 2024 UK election approaches. This decline reflects a broader shift in the political landscape of the United Kingdom.…
Oil prices up slightly as US crude oil inventories fall
By Arunima Kumar (Reuters) -Oil prices steadied on Wednesday after trading higher on a bigger than expected drawdown in U.S. crude stockpiles while economic headwinds from China and the euro…
Evening Star Pattern – What Is It and How to Trade
The Evening star pattern is the opposite of the Morning star candlestick pattern. The Japanese “Evening star” pattern signals that a bullish market cycle nears its end, and an uptrend will…
Yen skids to fresh 38-year low; US dollar tumbles after weak data
By Gertrude Chavez-Dreyfuss and Amanda Cooper NEW YORK/LONDON (Reuters) – The yen sank to a fresh 38-year low against the U.S. dollar and a record trough versus the euro on…
Plug Power Stock Forecast for 2024, 2025-2026, and beyond
Plug Power Inc., a leader in hydrogen fuel cell technology, has been redefining energy consumption since its inception in the 1990s. As a key player in the renewable energy sector,…
Piercing Candlestick Pattern – What Is It and How To Use It
A “Piercing” pattern received its name due to the principle of its construction on the price chart. This Japanese candlestick pattern belongs to reversal patterns and significantly influences an asset’s…
Oil prices steady after large draw from US crude inventories
By Arunima Kumar (Reuters) -Oil prices steadied on Wednesday after trading higher on a bigger than expected drawdown in U.S. crude stockpiles while economic headwinds from China and the euro…
French Government Fiscal Policy Crucial to Market Stability, Warns ECB
The European Central Bank (ECB) has highlighted the importance of the French Government fiscal policy in maintaining market stability. In a recent statement, ECB Vice President Luis de Guindos emphasized…
