01/11/2024
2 August، 2023
The American private sector added about 324,000 jobs in July, according to figures issued moments ago by the ADP, after adding about 497,000 jobs in the June reading, while expectations were for the addition of 191,000 jobs, while the annual wage rate increased by 6.2% compared to 6.4%. In the details, the commodity production sector added about 21,000 jobs, as...
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2 August، 2023
A report issued by Statistics New Zealand in the Asian session this morning, Wednesday, August 2nd, showed that the unemployment rate rose to 3.6% in the second quarter ending in June, from 3.4% in the first quarter, while expectations had indicated a rise to 3.5%. On the other hand, the underemployment rate reached 9.8% from 9.1%, the employment rate reached...
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1 August، 2023
For the second month in a row, the Monetary Policy Board of the Reserve Bank of Australia decided to keep monetary policy and interest rates at 4.10%, contrary to expectations that indicated a 25 basis point hike in the bank's meeting that was held on Tuesday morning, the first of August. And the interest statement issued by the bank stated...
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31 July، 2023
The Bank of England and the Australian Reserve most important events this week Keep an eye out for US labor market numbers Eurozone inflation matched expectations in July Separate economic data After the meeting of three central banks (Federal - European - Japanese) in addition to inflation figures from Australia and Japan, inflation in consumer spending from the United States...
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28 July، 2023
Data released moments ago by the US Bureau of Economic Analysis showed a rise in US personal income by $5.69 billion in June, an increase of 0.3%. The PCE personal consumption expenditures index, the preferred indicator for measuring inflation for the US Federal Reserve, rose by 0.2% on a monthly basis from 0.3%, in contrast. The main index excluding food...
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28 July، 2023
The Bank of Japan decided in its meeting, which ended on Friday morning, July 28, to keep monetary policy unchanged an expectations by maintaining the current negative short-term interest rates at -0.10%, in addition to leaving the range of movement of the ten-year yield to move plus or minus 0.5%. The bank buys ETFs (12 trillion yen) and Japanese real...
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27 July، 2023
The European Central Bank decided in its meeting moments ago today, Thursday, July 27, to raise interest rates by 25 basis points, as expected, to reach 4.25%. The bank's interest statement stated that inflation continues to decline but is still expected to remain high for a very long time and the Board is determined to ensure that inflation returns to...
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27 July، 2023
The US Federal Reserve decided to raise interest rates, as expected, by 25 basis points, to reach 5.50%, in a unanimous decision taken by the members, after the temporary suspension of the raising process at the previous bank meeting in June, bringing interest rates to their highest level in 22 years. The interest statement issued by the bank stated that...
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26 July، 2023
Less than six hours later, the markets are awaiting the results of the US Federal Reserve meeting, which began yesterday, Tuesday, to discuss developments in monetary policy and interest levels, as expectations indicate that the Fed will resume the process of raising interest rates by 25 basis points, to reach 5.50%, at their highest levels in 22 years. After ten...
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26 July، 2023
Figures issued in the Asian session this morning, Wednesday, July 26, from the Australian Institute of Statistics (ABS), showed that the consumer price index, which measures inflation in Australia, rose by 5.4% on an annual basis in June, compared to 5.6% in May, revised to 5.5%, to come in line with expectations, while the monthly index rose. By 0.8% and...
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