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...
View MoreThe 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...
View MoreThe 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...
View MoreThe 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...
View MoreClosed 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...
View MoreThe 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%,...
View MoreThe 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...
View MoreThe 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....
View More. 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....
View MoreCrude 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...
View More