19/05/2025
19 May، 2025
Cryptocurrencies are experiencing mass declines in mid-trading on Monday, May 19, the opening session of the week, with a decline in risk appetite in the markets after Moody's downgraded the United States' credit rating. Bitcoin, the world's most valuable digital currency, fell from its highest levels since January, having tested $107,000 at the beginning of the session, to trade at...
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19 May، 2025
Most Asian markets closed lower on Monday, May 19, the opening session of the week. This was similar to the US stock market indices, which were affected by Moody's downgrade of the United States' credit rating. China was also affected by the disappointing figures announced this morning. Moody's announced at the end of last week that it had downgraded the...
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16 May، 2025
Gold is heading for its biggest weekly loss in six months, with a 1.8% loss on Friday, the final day of the week. Demand for safe-haven assets, led by the yellow metal, continues to decline, coinciding with the easing of trade tensions following the interim agreement between Washington and Beijing earlier this week. Investors are taking profits after recent strong...
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16 May، 2025
The Japanese economy recorded a 0.2% contraction in gross domestic product in the first quarter of this year, ending in March, its first contraction in a year, according to data released by the Japanese Cabinet Office this morning, Friday, during the Asian session. This contraction was below expectations, compared to a 0.6% growth in the fourth quarter of last year,...
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15 May، 2025
The three major US stock indexes registered declines at the opening of trading today, Thursday, May 15. The S&P 500 index lost ground after three consecutive sessions of gains, coinciding with negative US economic data. Companies continue to report their first-quarter results. In economic data, data released by the US Census Bureau showed a rise in US retail sales in...
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15 May، 2025
Data released just moments ago from the US Census Bureau showed a rise in US retail sales in April, exceeding market expectations. Sales rose to $724.1 billion, a 0.1% increase compared to March's reading of 1.4% (expected 0.0%), and a 5.2% year-over-year increase. Core sales, excluding auto prices, fell 0.1% in April, compared to a 0.5% increase in March. Sales...
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15 May، 2025
Preliminary estimates from the UK Office for National Statistics showed that UK gross domestic product (GDP) grew by 0.2% month-on-month in March, compared to 0.5% growth in February. This was better than expected, with the services sector primarily benefiting from growth. On a quarterly basis, the UK economy grew by 0.7% in the first quarter of the year ending in...
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14 May، 2025
Crude oil prices are trading lower in mid-US trading today, Wednesday, May 14, despite recovering a significant portion of the losses recorded at the beginning of the European session following OPEC's monthly report. Inventory figures came in contrary to expectations, with Brent crude falling by about 0.80% to trade at $66.10 a barrel, while US crude (NYMEX) is trading...
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14 May، 2025
The US dollar index continued its decline for the second consecutive session on Wednesday morning, May 14, losing approximately 0.60%, trading at 100.20, following a 0.80% loss on Tuesday. This wiped out all of the gains it recorded in the opening session of the week, due to the trade agreement between China and the United States. This decline was influenced...
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13 May، 2025
Data released just moments ago by the U.S. Bureau of Labor Statistics showed that the Consumer Price Index (CPI), a measure of inflation, rose 0.2% in April after declining by about 0.1% in March, falling short of expectations for a 0.3% increase. The core CPI, which excludes food and energy prices, rose 0.2% compared to 0.1% in March, matching expectations....
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