Estimates by Eurostat, or the statistical office of the European Union, showed moments ago that the annual inflation rate in the eurozone rose to 6.9% in March in the preliminary reading, compared to 8.5% in the February reading, while expectations were for it to drop to 7.1%. In the details, prices in the energy sector declined at an annual rate...
View MoreThe Gross Domestic Product of the United States of America grew in the fourth and final quarter of last year, ending in December, in the third reading, according to the Bureau of Economic Analysis report issued just before, by 2.6%, compared to a growth of about 2.7% in the second reading and 2.9% in the initial reading, and after a...
View MoreUS indices recorded collective gains when they closed the trading session yesterday, Wednesday, March 19th, with the S&P 500 index regaining 4,000 levels, its highest level since March 6th, amid anticipation in the markets for US inflation figures represented by the consumer spending index tomorrow, Friday. With the calming of market fears of the banking sector during the session, the...
View MoreCrude prices recorded gains of more than 1% for the third consecutive session, with the beginning of the American session trading today, Wednesday, March 29th, amid anticipation of US inventory numbers, as Brent crude is trading at $79.48 a barrel, an increase of 1.06%, while US crude (NYMEX) is rising by about 1.22%, trading at $74.09 a barrel. Some reports...
View MoreFigures issued in the Asian session today, Wednesday, by the Australian Institute of Statistics (ABS) showed that the consumer price index, which measures inflation in Australia, rose by 6.8% on an annual basis in February, compared to 7.4% in January, which came below expectations, which indicated an increase to 7.2. In the details, the prices of food and non-alcoholic beverages...
View MoreThe US Consumer Confidence Index, issued by the Conference Board, rose to 104.2 in March, compared to 103.4 in February, while it had been expected to rise to 101. In the details of the index, the current situation index, according to consumers' assessment of working conditions, rose to 151.1 from 153 in February, while the expectations index rose to 73...
View MoreThe US dollar declined for the fourth week in a row Inflation from Australia and the Eurozone are the most important events of the week's session Consumer spending index is at the top of investors' interests Separate economic data After the meeting of the US Federal Reserve and the meetings of the Bank of England and the National Bank topped...
View MoreThe applications of perennial goods, according to the report of the American Statistical Office issued, recorded a moment ago, in February without market expectations by 1.0% or 2.6 billion to reach 268.4 billion dollars on a monthly basis after a decrease of 4.5% in February, while expectations indicated a growth of 0.4%. The basic orders excluded, including transportation, recorded unchanged...
View MoreThe Central Bank of England decided to vote to raise interest rates by 25 basis points in its meeting today, issued moments ago, to reach 4.25%, as expected by a majority of members 7-2, as two members preferred to keep interest rates unchanged. The bank's interest statement stated that the gross domestic product is expected to remain flat at the...
View MoreThe Swiss National Bank raised interest levels by 50 basis points at its first meeting this year, as expected at its meeting moments ago, from 1% to reach 5.1%, after raising it by 50 basis points at the bank's last meeting in December. The bank's interest statement stated that the bank is dealing with the renewed increase in inflation and...
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