Breaking News

Oil futures are down at the beginning of the day. 30-07-2020

News Date: 30/7/2020 04:29:12
 

Crude oil futures fell 0.10% today, to reach 41.31 dollars a barrel. Crude oil futures were previously traded as low as $ 41.19 a barrel, as it is expected that oil will find support points down at $ 40.48 and resistance at $ 41.93.

In contrast, Brent crude futures for next October increased by 0.22%, to settle at 44.19 dollars a barrel.

 

Speaking of Japanese stocks, the Nikkei 225 index rose at the beginning of trading on the Tokyo Stock Exchange, as it rose by 0.41% to 22489.24 points, while the broader Topix index rose by 0.33% to settle at 1554.13 points.

US equity indices also managed to conclude a high Wednesday session, as the Nasdaq Composite Index rose 1.35%, followed by the Standard Vend Index that increased by 1.24%, then the Dow Jones Industrial Average, which rose by 0.61%. As the lowest increase rate, thus gains were recorded especially in the oil and natural gas sector, the industrial sector, and the financial sector.

The US dollar also managed to reduce losses, despite the FOMC  decisions : the decision to keep interest rates at zero – for the economy to fully recover, which will require strategies and a lot of efforts .

 

The gold futures contracts ended yesterday’s delivery, an increase of 1.44%, to be traded at $ 1972.65 an ounce. It was previously traded with an expectation of an increase until the price of $ 1972.65 an ounce, and it is also expected to find the yellow metal Support points fell to $ 1863.10, and resistance points to $ 1974.70.

Regarding the silver futures contracts for September delivery, they increased by 2.39%, to be traded at $ 24.88 an ounce.

Latest news

Futures contracts for gold declined with European trading after it was high in the Asian session : with the beginning of today’s hours, futures contracts rose by 0.66%, to be traded at a price
09-2020 21 09:52:41

Gold futures rose for December delivery according to the Asian session on Friday. As it increased by 0.47%, to be traded at the price of 1959.00 dollars per ounce, and it was previously traded at a
09-2020 18 06:02:31

Oil prices rose this morning, due to the halt in oil and gas production due to a hurricane in the United States of America, as the price of crude oil increased by approximately 1.5%, reaching 41.13 d
09-2020 16 06:30:20

We open the trading week with a rise in gold prices today, after it witnessed a decline in the last days of last week, as it is a safe haven for investors, especially when crises that negatively affe
09-2020 14 06:22:57

Gold prices experienced a remarkable decline at the beginning of the week after it concluded its Asian trading at a high, affected by the great rush of investors, if this morning the gold futures con
08-2020 31 08:11:31

More News

Logs

Advertisements