01/11/2024
17 May، 2023
The general index of the US dollar is trading at an increase of about 0.30% in the middle of today’s session, Wednesday, May 17th, at 102.79 levels, an increase for the second session in a row, to trade at its highest level since last March, coinciding with the absence of economic data today. The US dollar has been receiving support...
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16 May، 2023
Data issued moments ago by the US Census Bureau showed a rise in US retail sales, below market expectations, as sales rose by 0.4% in April to reach $686.1 billion, compared to a decline of about 0.7% in the revised March reading, while expectations were for an increase of about 0.8%. . Underlying sales, excluding cars and spare parts, increased...
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16 May، 2023
The ZEW index for measuring business confidence in Germany recorded a decline of about 14.8 points in the May survey, to reach -10.7, coming in the negative zone for the first time since December 2022, while expectations were indicating a decline to -5.4 points, as the decline in the index in May was affected by the decline in the assessment...
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12 May، 2023
Preliminary figures from the Office of National Statistics in the United Kingdom ONS, issued moments ago, showed a decrease in the growth of the gross domestic product of the United Kingdom in March by 0.3%, compared to its stability without change in the reading of February, while expectations indicated that it would remain stable in March at 0.0%, in contrast,...
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11 May، 2023
The Bank of England decided in its meeting today, Thursday, to raise interest rates by 25 basis points, to reach 4.50%, as expected, by a majority of 7-2, as two members preferred to keep them unchanged. And the monetary policy statement issued by the bank stated that inflation in the United Kingdom is very high, above 10% levels, which is...
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11 May، 2023
The markets are awaiting the mid-dealings of the European session today, Thursday, May 11, the results of the Central Bank of England meeting and its monetary policy, as expectations indicate that the bank will raise interest rates by 25 basis points, to reach 4.50% for the twelfth time in a row, by a vote of seven members, to reach their...
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10 May، 2023
Data released moments ago by the Bureau of Labor Statistics in the United States of America showed that the Consumer Price Index (CPI), which measures inflation, rose by 0.4% in April after rising by 0.1% in March, matching expectations, while the core index, excluding food and energy prices, came at 0.4% with the same reading. March . On the other...
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5 May، 2023
The report issued by the United States Bureau of Labor Statistics, moments ago, showed that 253 thousand jobs were added in April, compared to the addition of 165 thousand jobs in the revised March reading, to come better than market expectations that indicated the creation of jobs estimated at 181 thousand jobs. On the other hand, the unemployment rate declined...
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4 May، 2023
The European Central Bank decided in its meeting today, Thursday, May 4, to raise interest rates by 25 basis points, as expected, to reach 3.75%. The interest statement issued by the bank stated that inflation expectations are still very high, but the information received each year supports the assessment of inflation expectations in the medium term that the bank formed...
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4 May، 2023
The US Federal Reserve decided in its meeting on Wednesday to raise interest rates by 25 basis points, as expected, to reach 5.25%, the highest level since 2007. The bank's interest statement stated that inflation is still high, jobs have been strong in recent months, unemployment rates have remained low, and the Fed is seeking to achieve maximum employment and...
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