Crude prices recorded gains in the opening session of the week today, Monday, December 5, with the opening of the European session, despite the reduction of gains that exceeded 2% at the beginning of the Asian session, as crude benefits from the results of the meeting of OPEC and independent producer allies outside the organization, led by Russia, which kept...
View MoreThe report issued by the United States Bureau of Labor Statistics moments ago showed that 263,000 jobs were added in November, compared to the addition of 261,000 jobs in the October reading, better than market expectations that indicated the creation of jobs estimated at 200,000 jobs. On the other hand, unemployment rates stabilized at 3.7%, matching expectations, coinciding with a...
View MoreThe US dollar records strong declines for the second session in a row, with the opening of the European session today, Thursday the first of December, as the general index of the US dollar tested levels of 105.25, recording declines of 0.70% in the Asian session, after losing more than 1% from its high level yesterday, Wednesday. Jerome Powell's statements...
View MoreThe US private sector added about 127,000 jobs only in November, according to figures issued moments ago by the ADP, after adding about 239,000 jobs in the October reading, while expectations were for the addition of 196,000 jobs. In the details, the commodity production sector lost about 86,000 jobs, after the manufacturing sector lost about 100,000 jobs, and the construction...
View MoreEstimates of the Federal Statistical Office Destatis in Germany showed a decline in inflation, represented by the Consumer Price Index (CPI), in the largest economy in the eurozone, to 10% in the preliminary estimated reading for November, which was announced moments ago, compared to 10.4% in the October reading. On a monthly basis, inflation declined to 0.5% in November, compared...
View More, The US dollar records declines of more than 0.70% in the middle of the European session’s trading in the opening session of the week today, Monday, November 28th, when it traded at 105.50 levels, after it tested 106.40 levels at the beginning of the Asian session, to lose all its gains, ignoring its status as one of the most...
View MoreThe Reserve Bank of newzelnda raised interest rates by 75 basis points, to reach 4.25%, as expected at the bank's meeting that was held this morning, Tuesday, November 23, as expected, to reach interest levels to their highest levels since 2009. The interest statement stated that the bank is expected to continue tightening monetary policy in the coming period until...
View MoreCanadian retail sales decline in September Retail sales in Canada decreased by 0.5% in September, according to a report by Statistics Canada issued a moment ago, to reach $61.1 billion, after rising by 0.7% in August, matching expectations. The decline in April was affected by a decline in sales at petrol stations and food and beverage stores. The main index,...
View MoreCrude prices recorded declines of more than 0.40% this morning, Monday, November 21, with the opening of the European session, affected by rising market concerns about the rise in cases of Covid 19 in the second largest consumer of crude in the world and the largest importer of crude (China), where Brent crude declined by about 0.52%, trading at Levels...
View MoreThe Consumer Price Index (CPI), which measures inflation in the United Kingdom, rose to 11.1% on an annual basis in October, compared to 10.1% in the September reading, exceeding expectations, which indicated an increase to 10.7, recording its highest reading since 1989. On a monthly basis, the consumer price index increased by 2% in October, compared to an increase of...
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