The data released a short time ago by the Canadian economy showed the addition of 40 thousand jobs in May after adding 15 thousand jobs in April, better than expectations that indicated the addition of about 28 thousand jobs. On the other hand, the unemployment rate declined to 5.1% in May, compared to 5.2% in April. In details, the services...
The data released moments before by the Bureau of Labor Statistics in the United States of America showed that the CPI, which measures inflation, rose by 1% in May, after rising by about 0.3% in April, to come better than expectations that indicated a rise to 0.7%, on the other hand, the main index stabilized Excluding food and energy prices...
The European Central Bank decided to keep zero interest rates unchanged in its meeting moments ago, as the markets had expected. The bank's statement stated that inflation rates represent a major challenge for the bank, and the bank must do everything in its power to return inflation to its 2% target. Inflation pressures have risen due to the impact of...
Gold trading has been confined to a weak sideways range since the beginning of the week, amid the absence of strong economic data affecting the movements of the metal markets since the beginning of the week, amid anticipation of the US inflation figures that will be released at the end of the week tomorrow, Friday. Gold trading has been confined...
Today, Thursday, the ninth of June, the European Central Bank’s meeting, which will hold its periodic meeting in the middle of the European session, is topping the events to discuss monetary policy developments and interest rates, as the bank is expected to keep monetary policy and zero interest rates unchanged, as has been the case for years. The last reading...
1% Crude prices are recording increases for the second consecutive session, in the middle of the European session’s trading session for today, Wednesday, June 8th, by more than 1%, benefiting from the markets’ expectations of a rise in demand after the largest consumer of crude in the world returned to its activity naturally after easing restrictions in Shanghai and amid...
US stocks regained their strength before the end of the trading session yesterday, Tuesday, June 8th, after opening the red for the second consecutive session, benefiting from the decline in US Treasury bond yields, which supported the improvement in risk appetite amid the absence of economic data affecting market movements during the session. After testing 3.064 levels during the European...
The general index of the US dollar continues to rise for the second consecutive session since the beginning of the week, with the opening of the European markets for the session today, Tuesday, the seventh of June (June), supported by the rise in US bond yields, which receive support from the rising market concerns about the continuation of global inflation...
The monetary policy council of the Reserve Bank of Australia decided to raise interest rates by 50 basis points to reach 0.85% in a surprising move after the markets had expected a hike that did not exceed 40 basis points. \The bank's interest statement stated that inflation rose significantly in Australia and is expected to continue rising with the continued...
The Asian session, tomorrow, Tuesday, the seventh of June, will witness the meeting of the monetary policy members of the Reserve Bank of Australia to discuss monetary policy developments and determine interest levels after the bank began tightening monetary policy at the May meeting for the first time in ten years and raising interest rates by 25 points. Basically as...