03/04/2025
20 March، 2025
. The Bank of England voted 8-1 to keep interest rates unchanged at 4.5%, as expected, at its meeting just moments ago. One member favored a 25 basis point cut. The Bank's interest rate report stated that significant progress has been made in reducing inflation over the past two years, despite it rising to 3% in January from 2.5% in...
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20 March، 2025
The US Federal Reserve decided at its meeting, which concluded yesterday, Wednesday, to keep interest rates unchanged at 4.5%, as expected. It also decided to slow the decline in its holdings of securities by reducing the maximum monthly redemption of Treasury securities from $25 billion to $5 billion. The bank's members lowered their economic growth forecasts and raised their inflation...
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19 March، 2025
A decline in US crude inventories last week, according to a report from the US Energy Information Administration (EIA), supported crude oil prices during the US session today, Wednesday, after declines since the beginning of the Asian session. US crude (NYMEX) rose by about 0.40%, trading at $67.17 a barrel, while Brent crude traded at $70.83 a barrel, up about...
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19 March، 2025
The Central Bank of Japan decided at its meeting that ended this morning, Wednesday, the 19th of March, to keep monetary policy unchanged, as the bank members voted unanimously by maintaining interest rates at the current levels at 0.50% as expectations. The bank's statement of monetary policy stated that the bank expects the Japanese economy to continue its growth at...
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18 March، 2025
The yellow metal is trading above $3,000 per ounce in mid-European trading today, Tuesday, March 18, after recording its highest daily close ever yesterday, Monday, at $3,000 per ounce. Gold is benefiting from increased market uncertainty and increased demand for safe havens, amidst the renewed conflict in the Middle East and ongoing concerns over US tariffs and their impact on...
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18 March، 2025
The German ZEW Business Sentiment Index rose by around 25 points in the March survey to 51.6, its highest level since January 2023, bettering expectations of 48.1. The index rose in March despite a stable assessment of the current economic situation, while the expectations index rose by 0.9 points to minus 87.6. The improvement in the eurozone's economic expectations index...
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17 March، 2025
Data released just moments ago from the US Census Bureau showed a rise in US retail sales, falling short of market expectations. Sales rose to $722.7 billion, a 0.2% increase from November's revised 0.8% decline from 1.2% (expected 0.6%), and were up 3.1% year-over-year. Core sales, excluding auto prices, grew 0.3% in December, compared to a revised 0.6% decline in...
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14 March، 2025
Preliminary estimates from the UK Office for National Statistics showed that UK GDP fell by 0.1% month-on-month in January, compared to a 0.4% growth in December. This was below expectations of a 0.1% growth, primarily impacted by a decline in the manufacturing sector. This reading is expected to see the UK economy grow by 0.2% in the three months to...
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13 March، 2025
. Yellow metal is trading higher for the third consecutive session in mid-European trading today, Thursday, March 13, supported by declines in the US dollar after lower-than-expected inflation on Wednesday, and indirect inflation figures, including the Producer Price Index (PPI), released just moments ago, in addition to the implementation of tariffs on steel and aluminum imports on Wednesday. Data released...
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12 March، 2025
Data released just moments ago by the US Bureau of Labor Statistics showed that the Consumer Price Index (CPI), a measure of inflation, rose 0.2% in February after rising by approximately 0.5% in January, missing expectations of a 0.3% decline. The core CPI, which excludes food and energy prices, fell to 0.2% from 0.4% in January (expected 0.3%). Conversely, the...
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