The consumer price index in Britain, which measures inflation, grew by 8.7% in the 12 months ending in April, compared to 10.1% in March, while expectations indicated a slowdown of 8.2%, while inflation rose on a monthly basis by 1.2% in April, compared to a decrease of 0.8%. in March . The main index excluding food and energy prices rose...
View MoreThe Reserve Bank of New Zealand raised interest rates by 25 basis points to reach 5.5% from 5.25%, as expected at the bank's meeting that took place this morning, Wednesday, May 23, to keep interest levels at their highest levels in 14 years. The interest statement stated that inflation is still very high, but interest rates may have peaked at...
View MoreThe PMI's manufacturing PMI in the United States, released a moment ago, rose to a 13-month high of 55.1 in May compared to 53.6 in April, exceeding expectations that indicated an increase to 52.6. On the other hand, the services index fell to 48.5 from 50.2 in April, its lowest level in three months, while expectations were for an increase...
View MoreThe services PMI issued moments ago recorded its lowest level in two months in the preliminary reading for May at 55.9 points, compared to 56.2 in April, exceeding expectations that indicated an increase to 55.4, while the manufacturing index came below expectations at 44.6, retreating from April’s reading of 45.8, recording lower. level at 36 months. In the details of...
View MoreThe US dollar gained for the second week in a row Markets are awaiting the RBNZ meeting, inflation numbers from the UK and the Federal Reserve's minutes Does the consumer spending index solve the baffled markets? The drama of the debt ceiling and risk appetite Separate economic data After the growth figures from the United Kingdom, US and Canadian retail...
View MoreStatistics Canada, released just moments ago, showed a decline in retail sales in Canada by 1.4% to $65.3 billion in March, after declining by 0.2% in February, as sales declined in 5 of nine sub-sectors representing 55.5% of retail trade. Underlying sales, which exclude petrol stations and trade in cars and spare parts, declined by 0.3% in March, compared to...
View MoreThe Japanese Consumer Price Index (CPI), from which fresh food prices are excluded, but which includes energy items, grew by 4.3% in April, according to figures announced by the Japanese government early this morning, Friday, May 19, compared to 3.1% in March, in line with market expectations. In the details, the service inflation index rose to 1.7% in April from...
View MoreThe general index of the US dollar continues to trade at its highest level since March at 103.20 levels, an increase of 0.46%, in the middle of trading today, Thursday, with the opening of the US markets, up for the third session in a row, supported by positive economic data issued by the US economy, in addition to the statements...
View MoreThe Australian unemployment rate rose in April to 3.7% from 3.5%, according to figures issued by the Australian Bureau of Statistics (ABS) at the beginning of the Asian session today, Thursday, while expectations were that it would stabilize at 3.5%, with a decrease in the participation rate in the labor market to 66.7%. The Australian economy lost about 4,300 thousand...
View MoreThe 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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