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Fundamental analysis

The US dollar is trading at its highest level in nearly a year and markets are awaiting the Fed minutes
Foreign currency
image 6 April، 2022

 The general index of the US dollar continues to rise for the fifth consecutive session, trading at its highest level since May of the year 2020 at 99.60 levels, up by 0.15% today, Wednesday, April 6, with the opening of European markets, and after rising by about 0.50% yesterday, Tuesday, as the US dollar receives support from High yields on...

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The Nasdaq leads the declines in US stocks, and Twitter shares extend its gains, supported by the appointment of Musk to the board of directors
Market Indicators
image 6 April، 2022

 The major indices of US stocks ended the session yesterday, Tuesday, the fifth of April, with declines at the close, as the Nasdaq Composite Index specialized in the technology sector lost more than 300 points, coinciding with declines in technology shares after statements from Lyle Brainard, Vice President of the US Federal Reserve during the American session. Brainard stated in...

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The US service sector grew by 1.8 points in March
Foreign currency
image 5 April، 2022

 The economic activity in the services sector PMI, according to the report of the Institute of Supply Management ISM in the United States of America in March for the 22nd consecutive month, increased by 58.3 compared to 56.5 in the February reading, to come below expectations, which indicated an increase to 58.6. In details, the business activity index rose to...

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The Reserve Bank of Australia keeps its monetary policy and the Australian dollar at its highest level since June
Foreign currency
image 5 April، 2022

 The Board of Directors of the Reserve Bank of Australia decided, in its meeting this morning, Tuesday, April 5th, to keep monetary policy and the current interest rates at 0.10%, unchanged as expected. The bank said in a statement that the Australian economy remains resilient and that spending is rebounding after the Omicron setback and that the real strength is...

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Most important events
Foreign currency
image 4 April، 2022

Closed in Chinese markets today and tomorrow Markets are waiting Australian RBA meeting (tomorrow, Tuesday) Minutes of the US Federal Reserve meeting two weeks ago (Wednesday) ISM Service Index (Tuesday) Canadian Labor Market Data (Friday)   Looking forward to arranging a meeting between Zelensky and Putin Corona virus infection numbers in China and India oil prices To get the complete...

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The US economy added 431,000 jobs in March, and the unemployment rate is declining
Foreign currency
image 1 April، 2022

 The report issued by the United States Bureau of Labor Statistics a moment ago showed that 431,000 jobs were added in March, compared to the addition of 678 thousand jobs in February, to come below market expectations, which indicated the creation of jobs estimated at 492 thousand jobs. On the other hand, unemployment rates declined by about 0.2% to 3.6%,...

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Monthly gains and quarterly losses for US stocks at the close of March trading
Market Indicators
image 1 April، 2022

 The main US stock indices concluded the month of March and the first quarter of this year by closing a trading session yesterday, Thursday, March 31, 2022, with strong declines, as the Dow Jones index lost more than 500 points, so that the three indices recorded their worst quarterly performance since the first quarter of the year 2020 according to...

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OPEC + No change in production policy and oil is falling
Oil markets
image 31 March، 2022

The Ministerial Committee of the OPEC + system agreed, in its ministerial meeting, moments ago, to abide by the current agreement on the policy and increase production predetermined by 432 thousand barrels per day, starting from next May, in a meeting that did not last more than a quarter of an hour, in which the group agreed on the decision....

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The annual PCE was 6.4% in February and the Canadian economy grew by 0.2% in January
Foreign currency
image 31 March، 2022

. Data from the Bureau of Economic Analysis released just moments ago showed an increase in personal income by $101.5 billion, an increase of 0.5% in February, compared to 0.0% in January readings, in line with expectations. In contrast, personal consumption expenditures rose by $34.9 billion, equivalent to an increase of about 0.2%. Compared to 2.1% in the January reading....

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Crude rises more than 3%, inventories are down
Oil markets
image 30 March، 2022

Crude prices are recording increases of more than 3% in the middle of trading in the American session today, Wednesday, as Brent crude is trading at levels of 113.93 dollars a barrel, an increase of about 3.63%, while American crude (NYMEX) is rising by about 3.89%, trading at levels of 108.30 dollars a barrel, ignoring the state of optimism in...

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