Cryptocurrencies record gains in the middle of today’s trading session, Monday, July 19, the opening session of the week, coinciding with a clear rise in risk appetite in the markets before the opening of the American session, as the Ethereum currency leads these increases, trading at levels of 1.490, up 10% today, Monday, and 30% gains in the last seven...
View MoreA look at the most important events of the past week The European Central is taking the lead Inflation data from the UK and Canada Miscellaneous data we will follow up After the Central Bank of New Zealand and the Bank of Canada announced their monetary policies last week, attention is turning during this week's sessions towards the Central Bank...
View MoreData released moments before by the US Census Bureau showed a rise in US retail sales better than the market expectations, as sales rose by about 1% in June, compared to a decline of about -0.1% in the revised May reading, while expectations indicated a rise by 0.9%. Core sales, excluding auto prices, recorded a growth in June of 1.0%,...
View MoreThe gross domestic product (GDP) in China, the second largest economy in the world, recorded a strong slowdown in GDP growth, which reached 0.4% in the second quarter of this year, according to data released this morning, Friday, July 15, from the National Bureau of Statistics, compared to a growth of about 4.8% in the first quarter and less From...
View MoreCrude records declines in mid-European trading today, Thursday, July 14th, and with the opening of the US markets, affected by the rise in the US dollar and the rise in global recession fears, as US crude (NYMEX) is trading down by 2.36%, trading at levels of 94.04 dollars per barrel, while Brent crude is trading at Levels of $ 97.56...
View MoreThe general index of the US dollar continues to record gains and record levels, the highest since 2002, with the opening of the European markets for today's session, Thursday, the 14th of July (July), to trade at levels of 108.60, taking advantage of the US inflation figures that came to their levels in forty years. The Consumer Price Index (CPI),...
View MoreAustralian labor market data released this morning, Wednesday, in the Asian session from the Australian Bureau of Statistics (ABS), showed that the unemployment rate fell to 3.5% in June from 3.9% in May, the lowest level in 48 years (August 1974), compared to expectations that it had declined to 3.8%. This coincides with an increase in the participation rate in...
View MoreIn an unexpected move, the Bank of Canada, in its meeting moments before, raised the interest rate by 100 basis points to 2.50% from 1.50%, while expectations were to raise it by about 75 basis points to reach 2.25%. Inflation in Canada is higher and more stable than the bank forecast in its April monetary policy report and is expected...
View MoreData released moments ago by the Bureau of Labor Statistics in the United States showed that the CPI, which measures inflation, rose by 1.3% in June, after rising by about 1% in May, exceeding expectations that indicated a rise to 1.1%, while the main index excluding prices rose. Food and Energy decreased to 0.7%, compared to 0.6% in May. On...
View MoreAs expected, the Monetary Policy Committee of the Reserve Bank of New Zealand, RBNZ, decided to raise the official interest rates OCR by 0.50% to 2.50% from 2% in its meeting this morning, Wednesday, in the Asian session, in an increase for the third time in a row in the same pattern and the fifth in general since the start...
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