The Reserve Bank of Australia kept its monetary policy and current interest rates at 0.10% unchanged at the Bank's meeting held this morning, Tuesday, the first of March, as expected. The bank's interest statement said that the global economy continues to recover from the pandemic, but the war in Ukraine has become a major new source of uncertainty as energy...
Crude prices recorded increases of more than 5% at the beginning of the week today, Monday, February 28, with the opening of the European markets, where the American crude (NYMEX) is trading at levels of $ 96.16 a barrel, an increase of about 4.98%, while Brent crude is up by about 4%, trading at levels of $101.92 a barrel, coinciding...
The Russian-Ukrainian crisis hits the market again What are we waiting for this week? Strong guilds at the opening Investors and market sentiment continue to focus on the Russian-Ukrainian crisis, which returned to the upside at the beginning of the week, Monday, the opening session of the week, after the Russian President lifted the state of nuclear alert in conjunction...
Data from the Bureau of Economic Analysis released a few moments ago showed an increase in the personal income rate by $9 billion, down by 0.1% in January, compared to 0.4% in the revised December reading (expectations at -0.3%). In contrast, personal consumption expenditures rose by $337.2 billion. By 2.11.3% compared to the December reading. The personal consumption expenditures price...
The dollar, oil and gold are the biggest beneficiaries, and strong declines in the digital currency and stock markets Russian President Vladimir Putin announced in a speech to the Russians that he had decided to carry out a special military operation in Donbass, Ukraine. He stated that the current circumstances require us to act decisively and immediately, stressing that his...
The Reserve Bank of New Zealand decided, in its meeting this morning, Wednesday, in the Asian session, to raise interest rates by a quarter point, or 25 basis points, to become 1%, as expected. In a statement, the bank stated that some economic turmoil is expected in the short term in light of the spread of Omicron and that inflation...
In the Asian session tomorrow morning, Wednesday, the Reserve Bank of New Zealand will announce its monetary policy of setting interest rates and monetary policy in the coming period, as expectations indicate that the bank will raise interest rates for the third meeting in a row by a quarter of a percentage point or 25 basis points to reach 1%...
Crude prices are recording strong increases in the middle of today’s trading session, Tuesday, February 22nd, as Brent and US crude are trading at their highest levels since 2014, coinciding with the rise in tensions and fears about the Russian and Ukrainian conflict, especially after Russian President Putin’s orders to enter the separatist areas in eastern Ukraine to become the...
With the rise and escalation of the crisis in the West between Russia and Ukraine, after Russian President Putin's orders to enter the separatist regions in eastern Ukraine, the order of the Russian invasion of Ukraine has become closer than ever, bringing with it fluctuations in global financial markets at the opening session of the week yesterday, Monday, despite the...
The data released in the European period today, Monday, showed an improvement in most of the services and manufacturing PMIs in the euro area in the February reading, as the services index rose to its highest level in three months to 55.8 in February, compared to 51.1 in January. On the other hand, the growth of the manufacturing index declined...