Data released shortly before from the Canadian economy showed that 94 thousand jobs were added in July after 231 thousand jobs were added in June, less than expectations that it had added about 148 thousand jobs. On the other hand, the unemployment rate rose to 7.5% in July, compared to 7.8% in July, worse than expectations that it had declined...
The American labor market in non-farm jobs NFP added 943 thousand jobs in July, according to data released by the Bureau of Labor Statistics in the United States of America moments ago, compared to 938 thousand jobs in the revised June reading and better than the market expectations, which indicated the addition of about 870 thousand jobs. The unemployment rate...
The Bank of England voted unanimously at its meeting ending Thursday, August 5th, to maintain the current interest rate at 0.10% levels, unchanged as expected, and the committee voted by 7 members to 1 to continue the Bank's bond purchase program at 895 billion pounds. In the monetary policy report issued by the Bank, the Bank changed its expectations for...
The US indices recorded a decline at the close of the trading session yesterday, Wednesday, August 4th, with the exception of the Nasdaq Composite Index, which recorded gains at the close, after mixed data from the US economy was announced during the session, in addition to statements from the US Federal Committee member Richard Clarida to the Peterson Institute for...
The yield on US Treasury bonds rose during the trading session on Wednesday, as the yield on the ten-year bonds rose from its lowest level in two weeks after falling for three consecutive days, to trade at 1.20 levels, up by about 2.24%, after testing 1.13 levels in the Asian session. The data released this evening showed a discrepancy in...
Crude prices continue to decline in the middle of the trading session of the American session today, Wednesday, August 4th, to trade at its lowest level in two weeks, with rising concerns about the speed and spread of the Delta strain and the decline in global demand for crude. The data of the US Energy Information Administration, released a while...
The data released this evening, Wednesday, August 4th, showed a divergence in the performance of economic indicators in the United States of America, as the ADP employment index in the American private sector came below market expectations, while the ISM services index rose in July better than market expectations. The ADP Employment Index in the private sector announced that 330...
Crude prices are recording slight increases with the beginning of the trading session of the European session today, Tuesday, August 3, as US crude (NYMEX) rises by about 0.18%, trading at levels of $71.39 a barrel, while Brent crude is trading at levels of $72.97 a barrel, an increase of about 0.11%. Crude prices fell by more than 3% when...
The Reserve Bank of Australia kept its monetary policy unchanged at its meeting on Tuesday morning, the third of August (August) unchanged and kept interest rates at the current levels of 0.10%, and the bank maintained its purchases of government bonds equivalent to five billion Australian dollars until the beginning of next September and reduced them to Four billion a...
The ISM Manufacturing Business Survey showed that economic activity in the manufacturing sector grew less than market expectations in July, growing for the fourth consecutive month, at 59.5, down by 1.1 compared to June's reading of 60.6 and less than market expectations, which indicated a rise to 60.8. In the details of the index, the new orders index recorded a...