21/04/2025
4 August، 2022
The Bank of England decided to vote to raise interest rates by 50 basis points in its meeting moments ago, to reach 1.75%, as expected for the sixth consecutive meeting, in the largest rate increase in 27 years. The interest report issued by the bank stated that the members of the bank voted by 8-1 to raise interest rates by...
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4 August، 2022
The Bank of England meets today, Thursday, in the middle of the European session, to discuss monetary policy developments and raise interest rates, as attention is directed towards the largest increase that the market will witness to interest in England in a quarter of a century by 50 basis points to reach 1.75% compared to 1.25% currently. The Bank of...
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4 August، 2022
The three major US stock indexes recorded gains at the close of the trading session yesterday, Wednesday, August 3, as the Dow Jones Industrial Average recorded its largest daily gain in a week, as companies and financial institutions continued to announce their quarterly profits for the second quarter of this year and recorded results that exceed expectations. The major technology...
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3 August، 2022
Crude prices shifted from red to red in the middle of today's trading session, Wednesday, August 8, coinciding with the opening of the American markets, where the OPEC + system agreed to increase production by about 100,000 barrels, starting from next September. The Organization of the Petroleum Exporting Countries and its allies, independent producers outside the organization, led by Russia,...
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3 August، 2022
A report issued by Statistics New Zealand in the Asian session showed that the unemployment rate rose to 3.3% in the second quarter ending in June from 3.2% in the first quarter, while expectations indicated a decline to 3.1%. On the other hand, the underemployment rate reached 9.2% from 9.3%, and the employment rate reached 68.5% from 68.6%, while annual...
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2 August، 2022
The Reserve Bank of Australia decided in its meeting this morning, Tuesday, 2nd of August, to raise interest rates by 50 basis points, as expected, for the third time in a row, to reach 1.85% from 1.35%. And the interest statement issued by the bank stated that the bank’s board of directors gives high priority to the return of inflation...
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1 August، 2022
Economic activity in the manufacturing sector in the United States of America grew for the 26th consecutive month in July, according to ISM figures, by 52.8, compared to 53 in the June reading, exceeding expectations that indicated a decline to 52.3, the lowest reading of the index since June 2020. In the divergence of the index, the new orders index...
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1 August، 2022
A quick look at last week's events Australian Bank and Bank of England major events US labor market numbers come back to the fore Miscellaneous data we will follow up A quick look at the main events of the past week By the end of last week , the markets concluded the month of July, which witnessed the meeting of...
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29 July، 2022
Data released moments before by the US Bureau of Economic Analysis showed an increase in US personal income by 133.5 billion dollars in June, an increase of 0.6%, while personal consumption expenditures increased by 181.1 billion dollars by 1.1%. The US Fed's preferred PCE inflation gauge rose 6.8% y/y from 6.3% in May (expectations 6.5%), while the monthly index rose...
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29 July، 2022
Estimates by Eurostat or the Statistical Office of the European Union just before showed that annual inflation in the euro area rose to 8.9% in July in the preliminary reading, compared to 8.6% in the June reading, exceeding expectations that indicated a growth of about 8.7%. The largest contribution to inflation in July came from the energy sector, which rose...
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