The euro tested 1.0900 levels during the Asian session this morning, Tuesday, a level that dates back to before the Russian-Ukrainian war, benefiting primarily from the declines of the US dollar, as the general index of the US dollar is trading at its lowest level since May of last year. The statements of European Central Bank President Christine Lagarde and...
View MoreThe US indices concluded the opening session of the week yesterday, Monday, January 23, with gains led by the Nasdaq index, which rose by more than 2%, supported by the rise in the technology sector stocks, amid anticipation in the markets for the earnings announcements from companies and institutions issued during the current week. US stock markets are receiving support...
View MoreThe US dollar lost for the second week in a row Keep an eye out for quarterly inflation figures from New Zealand and Australia The euro area is awaiting growth figures in the services and manufacturing sectors After the meeting of the Central Bank of Japan and Chinese growth figures issued the events of last week, the financial markets return...
View MoreRetail sales in Canada decreased by 0.1% in November, according to a report issued by Statistics Canada moments ago, to reach $61.8 billion, after rising by about 1.4% in the October reading, while it had been expected to decline by 0.5%. The main index, which excludes the prices of gasoline and trade in cars and spare parts, declined by 1.1%,...
View MoreThe Consumer Price Index (CPI), which measures inflation in Japan, rose to its highest rate in 41 years, according to data issued by the Japanese government this morning, Friday, January 20. It reached levels of 4% in December, compared to 3.7% in the November reading, matching expectations. In details, food prices in Japan increased by 7.4% in December, the highest...
View MoreThe yellow metal maintains the levels of $1900 an ounce in the middle of the European trading session of today, Thursday, January 19th, to trade at levels of $1912 an ounce, recording gains of about 0.46%, benefiting from the decline of the US dollar by about 0.20%, in addition to the decline in US Treasury bond yields. The yield on...
View MoreAustralian unemployment rates stabilized in December at 3.5%, according to figures issued by the Australian Bureau of Statistics (ABS) at the beginning of the Asian session today, Thursday, while expectations were for a decline of about 3.4%, despite the decline in the participation rate in the labor market to 66.6% from 66.8%. The Australian economy lost about 14,600 thousand jobs...
View MoreThe US dollar index lost all the gains of the Asian session, to trade in the middle of the European session, down by about 0.50%, and by more than 1.00% from its highest level during the Asian session, to trade now at 101.77 levels, affected by the gains of the Japanese yen and the decline in the US retail sales...
View MoreCrude prices recorded gains of more than 1.5% in the middle of trading in the European period for today’s session, Wednesday, January 18th, before the opening of the American markets, as Brent crude rose by about 1.60%, trading at levels of $87.29 a barrel, while American crude (NYMEX) rose by about 1.95%, and trading at levels of $81.74. A barrel...
View MoreThe Central Bank of Japan decided in its meeting that ended this morning, Wednesday, January 18th, to keep its monetary policy unchanged, by allowing the volatility of 10-year bond yields, minus or plus 0.50%. The bank is buying exchange-traded funds (ETFs) for 12 trillion yen and Japanese real estate investment J-REITs for 180 billion yen. Since its meeting in December,...
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