02/11/2024
10 January، 2023
For the third consecutive session, gold continues to record highs in the middle of trading in the European period for today’s session, Tuesday, January 10, trading at its highest level in six months, up by about 0.20%, trading at $1875 an ounce, benefiting from the declines of the US dollar and its stability at its lowest levels since last June...
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10 January، 2023
The three main indices of US stocks recorded mixed performance when they closed the opening session of the week yesterday, Monday, after strong gains recorded in the closing session of last week, when both the Dow Jones Industrial Average and the S&P 500 declined, while the NASDAQ index recorded gains at the close. Amid the absence of strong economic data...
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9 January، 2023
Crude prices are recording strong increases exceeding 3% in the middle of the European trading period for the opening session of the week today, Monday, January 9, coinciding with the high state of optimism about the demand for crude from the largest oil importer in the world with the cancellation of all previously imposed restrictions imposed due to the limitation...
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9 January، 2023
The US labor market figures and the US Federal Reserve topped the most important events of the first week of the year 2023, which began on Tuesday, the third of January, after the Monday market holiday, as we witnessed strong movements in the currency markets during the past week, with the entry of new liquidity in the markets and building...
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6 January، 2023
The report issued by the US Bureau of Labor Statistics moments ago showed that 223,000 jobs were added in December, compared to the addition of 263,000 jobs in the November reading, better than the market's expectations, which indicated the creation of jobs estimated at 200,000 jobs. On the other hand, the unemployment rate declined to 3.5% from 3.7%, better than...
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6 January، 2023
Estimates by Eurostat, or the Statistical Office of the European Union, showed moments ago that annual inflation in the eurozone rose to 9.2% in December in the preliminary reading, compared to 10.1% in the revised November reading. The largest contribution to inflation in December came from the energy sector, which rose at an annual rate of 25.7% in December, while...
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5 January، 2023
The US private sector added about 235,000 jobs only in December, according to figures released moments ago by the ADP, after adding about 127,000 jobs in November's reading, while expectations were for the addition of 152,000 jobs. In the details, the commodity production sector lost about 22,000 jobs, after the manufacturing sector lost about 5,000 jobs, and the construction sector...
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5 January، 2023
After two sessions of decline that exceeded 9% in the first sessions of the year 2023, in the worst start since 1993, crude prices returned to the rise this morning, Thursday, January 5th, with the opening of the European markets, ignoring the rising market concerns about slowing global economic growth, amid anticipation of the first stock numbers for the new...
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4 January، 2023
The Purchasing Managers’ Index (PMI) in the manufacturing sector issued by the Institute for Supply Management (ISM) recorded a decline in growth in December, reaching 48.4 points, down by 0.6 points, compared to November’s reading of 49.0, the lowest reading for the index since May 2020, while it was expected to decline to 48.5 points. In the details, the new...
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4 January، 2023
After concluding the year 2022 with gains of about 8%, by closing at 103.46 levels, and recording gains of more than 19%, by testing its highest level at 114.75 in September, the US dollar index (Dollar Index), which measures the dollar against a basket of currencies, opened the new year with gains of more than 1%. Before returning and losing...
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