Crude prices are losing all their gains recorded at the beginning of the session today, Wednesday, May 18th, which exceeded 2% in the morning, coinciding with the rise in optimism due to the easing of the restrictions of the Corona virus in the largest consumer of crude in the world, which supports the rise in demand in the coming period,...
View MoreThe CPI, which measures inflation in the United Kingdom, rose to 9% on an annual basis in April, compared to 7% in the March reading, less than expectations, which indicated a rise to 9.1, marking the highest reading in the series that began with national statistics in January 1997. On a monthly basis, the consumer price index rose by 2.5%...
View MoreThe three major US stock indexes regained their gains at the close of the trading session on Tuesday, May 18th, after statements by US Federal Reserve Chairman Jerome Powell, who indicated in his appearance in the Wall Street Journal at the Future of Everything event that there are a number of paths to slow inflation without triggering a recession Economical....
View MoreData released moments before by the US Census Bureau showed an increase in US retail sales by about 0.9% in April, which was better than the markets expectations that indicated a decline to 0.5%, compared to a decline of about 0.5% before it was adjusted to 1.4% in the March reading, while the annual reading rose to 8.2%, compared to...
View MoreThe minutes of the Reserve Bank of Australia’s meeting two weeks ago and issued in the Asian session today, Tuesday, showed that the members of the Monetary Policy Committee of the Bank discussed global inflation developments, the ongoing turmoil in global supply chains and commodity price increases after Russia’s invasion of Ukraine, and the members also discussed the economic outlook...
View MoreGold is trading at its lowest level since the second of last February, below the levels of $ 1800 per ounce at levels of $ 1797, down by about 0.70% this morning, Monday, May 16 (May), with the opening of the European session, where the selling momentum of the yellow metal increased in the last three sessions and a loss...
View MoreThe dollar maintains its gains thanks to the state of the safe haven Disappointing Chinese data in the Asian session Euro falls, ignoring expectations of rate hike in July Powell's comments and inflation data from Canada and the United Kingdom are the main events of the week After US inflation figures topped the events of last week, global markets return...
View MoreThe general index of the US dollar is trading at the 104 levels in the middle of the trading session of the European session today, Thursday, May 12 (May), up by about 0.50%, trading at 104.47 levels, the highest level for the index since December 2002, ignoring the inflation declines recorded by the US economy in April, coinciding with the...
View MoreCryptocurrencies are recording strong declines this morning, Thursday, May 12, coinciding with a clear decline in risk appetite in the markets with the opening of the European session, where the Bitcoin currency leads these declines, trading at levels of 27,457 thousand dollars, down by 9.70%, trading at its lowest level since December 2020 with a decline in the market value...
View MorePreliminary figures from the United Kingdom’s National Statistics Office (ONS) showed that the Queen’s gross domestic product (GDP) in the first quarter ending in March increased by 0.8%, less than expectations of a growth of about 1%, with an adjustment to the growth of the fourth quarter of last year, rising to 1.3%. The economy grew by 8.7% on an...
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