01/11/2024
1 February، 2023
US indices concluded the last session of January yesterday, Tuesday, with collective gains, led by the Nasdaq index, which rose by more than 1.6%, so that all US indices recorded gains in the month of January, as the Dow Jones and S&P 500 indices recorded their best monthly performance since January 2019, amid anticipation in the markets for announcements Profits...
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31 January، 2023
Despite its decline in the closing session of January today, Tuesday, by more than 1%, and trading at levels of $1903 an ounce, the yellow metal is heading to record monthly gains exceeding 5% in January, in gains for the third month in a row, amid anticipation in the markets for the US Federal Reserve meeting tomorrow, Wednesday. Gold has...
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31 January، 2023
Figures issued moments ago by the European Union’s statistical office, Eurostat, showed that the eurozone economy grew by 0.1% in the fourth and final quarter of last year 2022, compared to 0.3% in the third quarter, matching expectations, while it was stable in the European Union. On an annual basis, the economy of the eurozone grew by about 1.9%, compared...
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30 January، 2023
The Australian dollar leads the currency gains The US Federal Reserve, the European Central Bank and the Bank of England are the most important events of the week Keep an eye out for US labor market numbers Separate economic data After the meeting of the Central Bank of Canada and US growth and inflation numbers topped the events of last...
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27 January، 2023
Data released moments ago by the US Bureau of Economic Analysis showed an increase in US personal income by $49.5 billion in December, or 0.2%, while the PCE index, the favorite indicator for measuring inflation for the US Federal Reserve, stabilized at 0.1% on a monthly basis. On the other hand, the main index rose. Excluded from food and energy...
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26 January، 2023
The gross domestic product of the United States of America grew in the fourth and final quarter of last year, which ended in December, in the initial reading, according to the report of the Bureau of Economic Analysis, issued just before, by 2.9%, compared to a growth of about 3.2% in the third quarter, to come better than expectations that...
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26 January، 2023
The yellow metal is retracing from its highest levels before the US growth figures After it tested its highest levels since April of last year at $1948 an ounce in the Asian session, the yellow metal lost more than 0.50% before the opening of the US markets for today’s session, Thursday, January 26th, amid anticipation in the markets for the...
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25 January، 2023
In an expected move, the Bank of Canada, in its meeting moments ago, raised the interest rate by 25 basis points to 4.50% from 4.25%. The bank's interest report stated that inflation in Canada is still high, although it fell to 6.3% in December from 8.1%, affected by the decline in gasoline prices. The bank expects that inflation rates will...
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25 January، 2023
The markets are awaiting in the American session today, Wednesday, January 25th, the first meeting of the Canadian Central Bank in the current year 2023, as the bank is expected to announce a 25 basis point hike in interest rates, to reach 4.50%, in the eighth consecutive increase in interest rates, to reach their highest levels since 2007. . The...
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25 January، 2023
The figures issued in the Asian session today, Wednesday, from the Australian Institute of Statistics (ABS) showed that the consumer price index, which measures inflation in Australia, increased by 8.4% on an annual basis in the twelve months to December of last year, compared to 7.3% in November, exceeding expectations that indicated an increase to 7.6%. On the other hand,...
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