For the second month in a row, the yellow metal ended May with a monthly decline and a loss estimated at 3.6% when it closed the session yesterday, Tuesday, at levels of $ 1836 an ounce. $ 1828 an ounce at the lowest level for the metal in two weeks. The metal has been affected since the beginning of the...
View MoreThe Central Bank of Canada is heading to raise interest rates by 50 basis points to reach 1.50% at its meeting this evening, Wednesday, the first of June (June) for the second month in a row, in the first increase of its kind in two decades and for the third month in a row in terms of raising interest rates...
View MoreThe Australian economy recorded a growth in GDP growth of about 0.8% in the first quarter of this year 2022 ending in March, compared to a growth in the third quarter of about 3.4% before it was adjusted to 3.6%, while expectations were indicating a growth of about 0.6%, based on Annually, the gross domestic product rose to 3.3% compared...
View MoreCanada's gross domestic product rose by 0.7% in March, according to data released moments before by Statistics Canada, after a growth of about 0.9% in February, to come in better than expectations (0.5%), while the economy recorded a growth of 3.1% on a quarterly basis in the first quarter.This year, compared to 6.6% in the last quarter, which is below...
View MoreCrude prices continue to rise in the middle of the European trading session for today, Tuesday, May 31 (May) for the fifth session in a row, to trade at their highest levels since last March, as crude prices receive support from the European Union’s ban on most Russian oil imports, reaching two-thirds of oil imports yesterday, Monday in The framework...
View MoreEstimates by Eurostat or the Statistical Office of the European Union just before showed that annual inflation in the euro area rose to 8.1% in May in the preliminary reading, recording its highest level in history, compared to 7.4% in the April reading, exceeding expectations that indicated a growth of about 7.7%, the monthly reading The index, in turn, increased...
View MoreInflation in the euro area and expectations of a new record Bank of Canada tightening between 50 basis points and 75 basis points US economy and NFP numbers by the end of the week miscellaneous economic data After many data such as the New Zealand Central Bank meeting, the US Federal Reserve minutes and PCE data, the events of last...
View MoreData released moments before by the US Bureau of Economic Analysis showed an increase in US personal income by $89.3 billion in April by 0.4%, while the PCE, the preferred indicator for measuring inflation, increased by 0.9% on a monthly basis, by $152.3 billion, compared to 1.1 % in the March reading. The annual index fell to 6.3% in April,...
View Moreالترجمة طويلة جدًا ولا يمكن حفظها. The negative data issued by the American economy, represented by the contraction of the American economy in the first quarter of this year, supported the revised reading of the American stock markets, as the Dow Jones Industrial Average jumped more than 500 points, rising for the fifth consecutive day, amid continuing to disclose the...
View MoreAfter the minutes of the US Federal Reserve meeting were announced two weeks ago, yesterday, Wednesday, the markets are awaiting the revised reading of US GDP growth, which will be released today in the American session, before the inflation data is announced, represented by the PCE index or the personal consumption expenditures index, the Fed’s preferred indicator for measuring inflation....
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