The three main US stock indices recorded sharp declines when they closed the opening session of the week yesterday, Monday 13th of June, as the Dow Jones Industrial Average lost more than a thousand points before retreating and closing at a loss of 881 points, as the American markets were affected by the high expectations that the US Federal Reserve...
View MoreCryptocurrencies are recording strong declines in the middle of trading today, Monday, June 13, coinciding with the decline in risk appetite in the markets, as the Bitcoin currency leads these declines, trading at its lowest level in a year and a half at levels of 24,000 thousand dollars, a decline of about 12.54% and a decline in the market value...
View MoreThe US Federal Reserve dominates the week's events Inflation supports the gains of the US dollar Will the Swiss National Bank begin to tighten monetary policy miscellaneous economic data US CPI inflation figures concluded last week's events Friday after the US Bureau of Labor Statistics announced that inflation rose to 8.6% in May. Annual inflation in the USA rose to...
View MoreThe data released a short time ago by the Canadian economy showed the addition of 40 thousand jobs in May after adding 15 thousand jobs in April, better than expectations that indicated the addition of about 28 thousand jobs. On the other hand, the unemployment rate declined to 5.1% in May, compared to 5.2% in April. In details, the services...
View MoreThe data released moments before by the Bureau of Labor Statistics in the United States of America showed that the CPI, which measures inflation, rose by 1% in May, after rising by about 0.3% in April, to come better than expectations that indicated a rise to 0.7%, on the other hand, the main index stabilized Excluding food and energy prices...
View MoreThe European Central Bank decided to keep zero interest rates unchanged in its meeting moments ago, as the markets had expected. The bank's statement stated that inflation rates represent a major challenge for the bank, and the bank must do everything in its power to return inflation to its 2% target. Inflation pressures have risen due to the impact of...
View MoreGold trading has been confined to a weak sideways range since the beginning of the week, amid the absence of strong economic data affecting the movements of the metal markets since the beginning of the week, amid anticipation of the US inflation figures that will be released at the end of the week tomorrow, Friday. Gold trading has been confined...
View MoreToday, Thursday, the ninth of June, the European Central Bank’s meeting, which will hold its periodic meeting in the middle of the European session, is topping the events to discuss monetary policy developments and interest rates, as the bank is expected to keep monetary policy and zero interest rates unchanged, as has been the case for years. The last reading...
View More1% Crude prices are recording increases for the second consecutive session, in the middle of the European session’s trading session for today, Wednesday, June 8th, by more than 1%, benefiting from the markets’ expectations of a rise in demand after the largest consumer of crude in the world returned to its activity naturally after easing restrictions in Shanghai and amid...
View MoreUS stocks regained their strength before the end of the trading session yesterday, Tuesday, June 8th, after opening the red for the second consecutive session, benefiting from the decline in US Treasury bond yields, which supported the improvement in risk appetite amid the absence of economic data affecting market movements during the session. After testing 3.064 levels during the European...
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