01/11/2024
7 March، 2023
The Reserve Bank of Australia raised interest rates by 25 basis points, to reach 3.60%, as expected at the bank's meeting that took place today, Tuesday, March 7, for the tenth time in a row, bringing interest levels to their highest levels since May 2012. The interest statement issued by the bank stated that inflation in Australia has reached its...
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6 March، 2023
US dollar weekly declines after a series of gains Three central banks lead the events of the week's session Keep an eye out for US labor market numbers and Powell's testimony Inflation is on the rise in Switzerland Separate economic data After inflation figures from Australia and manufacturing and services figures from the United States of America and the eurozone...
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2 March، 2023
The general index of the US dollar is trading at an increase of about 0.45% in the middle of today's session, Thursday, March 2nd, at 104.79 levels, after volatile trading since the beginning of the week, and after testing 104.10 levels in the middle of the week's trading. The US dollar is receiving support today from the market's high expectations...
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2 March، 2023
Estimates by Eurostat, or the statistical office of the European Union, showed moments ago that annual inflation in the eurozone rose to 8.5% in February in a preliminary reading, compared to 8.6% in January, exceeding expectations that indicated a decline to 8.3%. In details, prices in the energy sector declined at an annual rate of 13.7% in February from 14.1%...
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1 March، 2023
he ISM Manufacturing Purchasing Managers' Index (PMI) contracted for the fourth consecutive month after a 28-month period of growth in February, to 47.7, up 0.3 from January's reading of 47.4, while it had been expected to rise to 47.9. In details, the new orders index contracted by 47.0 points, an increase of two points compared to January's reading (42.5), while...
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1 March، 2023
Crude prices recorded declines in the middle of the opening session of March today, Wednesday, ignoring the recovery of the manufacturing sector in the largest importer of crude in the world, affected by fears of high US inventories, as Brent crude is trading at $82.77 per barrel, down by 0.81%, while US crude (NYMEX) is rising by about 0.99% and...
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1 March، 2023
The numbers issued in the Asian session today, Wednesday, from the Australian Statistical Institute, ABS, showed the increase in consumer price index on the measuring of inflation in Australia by 7.4% on annual basis in January, compared to 8.4% in December to come without expectations that indicated an increase to 8.1%, in contrast, the indexing index increased from it Prices...
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28 February، 2023
Canada's gross domestic product fell by 0.1% in December, according to data released moments ago by Statistics Canada, after growing by 0.1% in November, below expectations (0.0%)., In details, the growth in the commodity-producing industries sector decreased by 0.6%, while wholesale trade contracted by 1.3%, and the growth in the transportation and storage sector decreased by 1.0%. The Canadian dollar...
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28 February، 2023
After the worst performance of US indices in 2023 last week, US markets recorded gains when they closed the trading session of the opening session yesterday, Monday, February 27th, ignoring the rise in expectations of a stronger pace of monetary tightening from the US Federal Reserve after the recent inflation figures, as the Dow Jones index compensated for some of...
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27 February، 2023
Durable goods orders, according to the US Census Bureau report issued moments ago, contracted in January, below market expectations, by 4.5%, or 13 billion, to reach $272.3 billion on a monthly basis, after a growth of about 5.6% in May, while expectations were for a decline of 3.7%. Core orders, excluding transportation, grew by 0.7% from a 0.2% decline in...
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