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Fundamental analysis

Stability of crude prices and anticipation of the inventory statement
Oil markets
image 7 April، 2021

Crude prices recorded some slight rises with stability during the beginning of the trading session today, Wednesday, the seventh of April, coinciding with the opening of the European markets, where Brent crude is trading at levels of 62.74 dollars per barrel, close to the closing prices of the session on Tuesday, while US crude rose by about 0.03 percent. It...

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The International Monetary Fund raises its forecast for the growth of the global economy
Foreign currency
image 7 April، 2021

The International Monetary Fund raised its forecast for the growth of the global economy in its latest report issued yesterday, Tuesday, as the report showed that the global economy is expected to grow by about 6 percent in the current year 2021 before retreating to 4.4 percent in the next year 2022 compared to the fund's expectations in October That...

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Australian Reserve keeps its monetary policy and the Australian dollar is declining
Foreign currency
image 6 April، 2021

At the Reserve Bank of Australia meeting this morning, Tuesday, April 6, the bank’s board of directors decided to keep the bank’s monetary policy unchanged and to maintain interest rates at current levels of 0.10%. The statement issued by the meeting showed that the bank’s basic scenario is that GDP recovers by 3.5 percent during the current year and next...

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Brent crude exceeds $ 70 a barrel at the start of the weekly session
Oil markets
image 8 March، 2021

Crude prices record highs at the beginning of the European session of the opening session of the week today, Monday, the eighth of March (March), as Brent crude trades at the highest levels of $ 70 for the first time since the beginning of the outbreak of the Corona virus early last January, while US crude is trading at its...

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The US dollar continues to rise and is trading at its highest levels this year, supported by rising bond yields and strong employment data.
Foreign currency
image 8 March، 2021

The US dollar continues to trade at its highest levels during the current year, the most expensive level of 92 with the beginning of the European trading period, after the index that measures the performance of the dollar against a basket of currencies (the dollar index) recorded gains last week by about 1.08% at the close at 91.95 levels after...

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Market fears of the OPEC + meeting are putting pressure on crude prices
Oil markets
image 3 March، 2021

Crude prices are trading at slight increases this morning, Wednesday, the third of March, before the opening of European markets, after declines for three consecutive sessions. Markets, that the organization begins the process of reducing production by 1.5 million barrels per day, starting next April. Meanwhile, the American Petroleum Institute data released on Tuesday showed an increase in US crude...

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American stocks ended the session on a downward note after a positive start, and Zoom’s stock lost 9 percent
Market Indicators
image 3 March، 2021

American stocks turned red at the end of the trading session yesterday, Tuesday, after they were covered in green, and after a positive start in the opening session of the week on Monday, and the record of the S&P 500 index for the best daily performance since last June after increases of more than 600 points. Declines in technology sectors...

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The Australian Reserve keeps its monetary policy unchanged
Foreign currency
image 2 March، 2021

At the Reserve Bank of Australia meeting this morning, Tuesday, the second of March (Azar), the bank’s board of directors decided to keep the current policy of the bank unchanged and to maintain the current interest rates at 0.10 per cent in addition to continuing to buy government bonds worth $ 100 billion, where 74 billion dollars were purchased. So...

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Bitcoin is falling from its highest levels over the weekend
Digital currencies
image 15 February، 2021

Bitcoin is trading down by about 2.80 percent at levels of 47,430 thousand dollars with the opening of the European markets for the session today, Monday, February 15, in a profit-taking process after it tested the levels of 49.598 by the end of last week, the highest level of the digital currency ever, trading close to the levels of 50...

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Oil inventories decline, and crude trims gains Thursday morning
Oil markets
image 11 February، 2021

Crude prices are trading on declines this morning, Thursday, February 11th, with the opening of the European markets, where Brent crude is trading at levels of 61.14 dollars per barrel, declining by 0.55% after it concluded the trading session on Wednesday at 61.47%, up by 0.6%, while US crude (Nymex) is trading at levels of $ 58.35 a barrel, down...

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