08/09/2026
13 August، 2025
Cryptocurrencies continue to record collective gains in mid-day trading on Wednesday, August 13. Ethereum leads the gains, approaching its previous record highs set in November 2021, amid increased risk appetite in the markets and rising expectations of a US interest rate cut following mixed inflation figures. Altcoins have been leading the way since the beginning of the week, with the...
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13 August، 2025
Crude oil prices continued to decline in mid-European trading today, Wednesday, August 13, in decline for nine of the last ten sessions, supported by increased optimism surrounding the meeting between the US and Russian presidents on Friday to end the Russian-American war, as well as the Energy Information Administration's report, which raised its supply forecasts amid anticipation of today's official...
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13 August، 2025
Asian markets closed with near-unitary gains at the end of trading on Wednesday, August 13, following Wall Street's lead, supported by US inflation figures, which raised market expectations of a Federal Reserve interest rate cut. Japan's Nikkei index hit a record high. In economic data, figures released from Japan this morning showed that annual inflation (PPI) in Japan slowed for...
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12 August، 2025
Data released just moments ago by the US Bureau of Labor Statistics showed that the Consumer Price Index (CPI), a measure of inflation, rose 0.2% in July after rising by approximately 0.3% in June, matching expectations. The core CPI, which excludes food and energy prices, rose 0.3% compared to 0.2% in June, matching expectations. On the other hand, the annual...
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12 August، 2025
After three consecutive months of increases, the ZEW Business Sentiment Index in Germany fell below expectations in August, dropping 18 points to 34.7, down from 52.7 in July. Expectations were for growth of 39.5 to 34.8. The August decline in the index coincided with a deterioration in the assessment of the current economic situation in Germany, reaching 68.6, down 9.1...
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12 August، 2025
The Reserve Bank of Australia's Board of Directors decided at its meeting this morning, Tuesday, August 12, to cut interest rates by 25 basis points, as expected, to 3.60%, bringing the total cut this year to 75 basis points, bringing interest rates to their lowest level since April 2023. The bank's interest rate statement stated that core inflation has declined...
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11 August، 2025
Gold is trading down more than 1% at the start of the European session today, Monday, August 11, the opening session of the week, influenced by increased risk appetite in the markets and optimism regarding the Russian-Ukrainian war after media reports that President Donald Trump will meet with President Putin next week to negotiate an end to the war. Amid...
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11 August، 2025
Asian markets closed higher at the end of trading on Monday, August 11, the opening session of the week. Chinese markets led the Asian session's gains, with Japanese markets absent for the Ming and Ming holidays. Investors are awaiting an extension of the tariff truce deadline between Washington and Beijing, which expires tomorrow, Tuesday, August 12. Data from China's National...
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8 August، 2025
Data released recently from the Canadian economy showed a decline of -41,000 jobs in July after adding 83,000 jobs in July, confounding expectations of an increase of about 15,000. Meanwhile, the unemployment rate remained at June levels of 6.9%, while expectations had been for a 7% increase. Employment declined across several sectors, led by the information, culture, and entertainment sector,...
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8 August، 2025
Cryptocurrencies recorded collective gains in mid-trading on Friday, July 8, the closing session of the week, benefiting from US President Donald Trump's decision to pave the way for capital inflows after he signed an executive order on Thursday allowing investment in cryptocurrencies and alternative assets in US 401k retirement plans. This supported cryptocurrency gains and promoted the faster integration of...
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