The services PMI for the eurozone grew by 53 points in February from 50.8, an eight-month high, while the manufacturing index fell to 48.5 from a two-month low of 48.8. The improvement in the service index came after the index rose in France to 52.8 from 49.9 and the index stabilized in Germany at 51.3 while the German manufacturing index...
View MoreThe US dollar gained for the third week in a row Markets are awaiting the New Zealand Reserve meeting and the Federal Reserve's minutes The Japanese yen is testing 135 levels and waiting for Ueda's comments Separate economic data After the US and British inflation numbers, in addition to the Australian labor market figures and retail figures from the United...
View Moreoil Crude prices are recording declines for the fourth consecutive session, in the longest series of declines in the year 2023, in the middle of the closing session of the week today, Friday, to record weekly losses of more than 4%, affected by the rises of the US dollar and the rise in crude stocks in a way that exceeded...
View MoreThe general index of the US dollar is trading at its highest level since the sixth of January, at 104.40 levels, up by 0.40% this morning, Friday, the 17th of February, in the closing session of the week, heading to record weekly gains of more than 0.70% for the third consecutive week. The US dollar receives support this week from...
View MoreFigures released moments ago by the US Bureau of Labor Statistics showed that the Producer Price Index (PPI) rose by 0.7% in January after declining by 0.5% in December, exceeding expectations for a gain of about 0.4%, while the index rose on an annual basis by 6%. The index excluding food and energy prices increased by 0.6% in January, the...
View More. Digital currencies are recording increases for the third consecutive session in the middle of today’s session, Thursday, February 16th, coinciding with a clear rise in risk appetite in the markets before the opening of the American session, where Bitcoin is leading these rises, trading at the highest levels of $24,000 at its highest level since August, up by 11%...
View MoreThe Australian unemployment rate rose in January to 3.7%, 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 remain stable when reading December at 3.5%, while the participation rate in the labor market declined to 66.5% from 66.6%. The Australian economy lost about...
View MoreData released moments ago by the US Census Bureau showed a rise in US retail sales, better than market expectations, as sales rose by about 3% in January, up to $697 billion, compared to a decline of about -1.1% in the December reading, while expectations were for increases of about 1.9%. . Underlying sales, excluding car prices, grew by 2.3%...
View MoreCrude prices record losses of more than 1.5% in the middle of trading in the European session today, Wednesday, February 15th, affected by the rises of the US dollar, in addition to the increase in inventories more than expected, according to the preliminary reading, amid anticipation of the official figures today, as Brent crude is trading at $84.28 a barrel,...
View MoreThe consumer price index in Britain, which measures inflation, grew by 10.1% in the 12 months ending in January, compared to 10.5% in December, while expectations indicated a slowdown by 10.3%, while inflation fell on a monthly basis by 0.6% in January, compared to a decrease of 0.1%. in December . The main index, excluding food and energy prices, rose...
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