The CPI, which measures inflation in the United Kingdom, rose to 10.1% year-on-year in September, compared to 9.9% in August, exceeding expectations that it would rise to 10%, returning to its highest reading in July, which was the highest reading in the series since January. 1997 . On a monthly basis, the consumer price index rose by 0.5% in September,...
View MoreData released moments before by the US Census Bureau showed that US retail sales remained unchanged at zero levels in September, compared to a growth of about 0.4% in the revised August reading, while market expectations indicated a growth of about 0.2%. Core sales, excluding car prices, recorded growth In September, it was revised down by 0.1%, while the August...
View MoreFigures released by the UK's National Statistics Office (ONS) just before showed that the UK's gross domestic product (GDP) in August fell -0.3% after a 0.1% growth in July's revised reading down from 0.2%, while expectations were for a stable 0.0%. Gross domestic product fell 0.3% in the three months to August, compared to the three months to May. In...
View MoreThe general index of the US dollar is settling with some rise for the fifth consecutive session with the opening of the European markets for the session today, Tuesday the 11th of October, to trade at 113.20 levels, up by 0.10%, benefiting from the high market expectations that the US Federal Reserve will continue to tighten monetary policy at the...
View MoreThe Reserve Bank of Australia raised interest rates by 0.25% to 2.60%, compared to market expectations, which indicated a 50 basis point increase at the bank's meeting, which was held this morning, Tuesday, October 4th. The Australian Bank raised interest rates by 50 basis points for four consecutive meetings, the last of which was last August, and therefore the decline...
View MoreData released moments before by the US Bureau of Economic Analysis showed an increase in US personal income by $71.6 billion in August, or 0.3%, while the PCE, the preferred indicator for measuring inflation, rose by 0.3% on a monthly basis from -0.1% in July, On the other hand, the main index, excluding food and energy prices, rose by 0.6%....
View MoreCrude prices are recording declines this morning, Wednesday, September 28, with the opening of the European markets, trimming the gains recorded yesterday, Tuesday, affected by the return of the US dollar to the rise since the Asian session, amid anticipation in the markets for the official stock figures. Crude benefited during the session yesterday, Tuesday, from some reports issued by...
View MoreGold is trading at an increase of nearly 1% this morning, Tuesday, September 27, coinciding with the opening of the European markets at levels of $ 1639 an ounce, rising from its lowest level since April of the year 2020, taking advantage of the declines of the US dollar this morning and benefiting from the rise in fears of global...
View MoreThe Bank of England decided to vote to raise interest rates by 50 basis points in its meeting moments ago, to reach 2.25%, as expected. The interest report issued by the bank stated that the members of the bank voted by a majority of 5 members to raise interest rates by 50 basis points, while three members voted to raise...
View MoreThe Swiss National Bank raised interest rates as expected by a large margin at its meeting moments before from -0.25% to 0.50% after raising it by 50 basis points at its June meeting. The bank's interest statement stated that there were renewed inflationary pressures on goods and services that forced the bank to take the step of raising interest rates,...
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