Oil prices were slightly lower on Thursday after sharp losses in the previous session due to prospects of higher supply and a slowing US economy. “Crude just can’t get an upside break,” said David Morrison, senior market analyst at Trade Nation. Crude oil’s daily MACD indicated a moderately oversold condition.Morrison added:But as…
Gold prices remained vulnerable to further downside on Thursday as prospects of a trade deal between the US and…
Investor sentiment towards most Asian currencies has turned increasingly positive, with market participants ramping up bullish positions as the…
Alcoa reported on Thursday that its second-quarter order book remains strong and has not yet been affected by US…
US consumer confidence fell sharply in April, hitting its lowest level in nearly five years, as anxiety over tariffs…
Mark Carney’s Liberal Party has retained power in Canada’s 2025 federal election, pulling off a dramatic comeback but falling…
The limited return of electricity to the Iberian Peninsula has revealed a more profound weakness within the area’s power…
Brazil’s central bank has warned of a sharp drop in corporate profitability as the country’s aggressive monetary tightening begins…
The Mediterranean Sea is nearing a critical deadline set by the International Maritime Organization (IMO) to lower bunker fuel…