The European Central, the Australian Reserve and the US inflation figures on top of this week's events (weekly currency report) General meeting of the European Central Differences in expectations for the expected rate of increase of the Australian reserve Has US inflation started to decline? miscellaneous economic data The US labor market numbers concluded last week’s events, Friday, after the...
The US stock markets recorded declines at the end of the week's trading today, Friday, the third of June (June), after data that came less than expectations from the American labor market, while the Nasdaq index leads the losses of economic indicators after strong declines in technology companies. The American economy had announced the addition of 390 thousand jobs in...
The numbers issued moments ago from the TUIK Statistics Institute showed the rise in inflation in Turkey by 73.5% on an annual basis in May compared to 70% in April at the highest level of inflation since 1998, recording more than 15 times the target of the Turkish Central Bank to run while expectations indicated its rise to me 74.5%,...
The report issued by the United States Bureau of Labor Statistics a moment ago showed that 390 thousand jobs were added in May, compared to the addition of 428 thousand jobs in April, to come better than the market expectations, which indicated the creation of jobs estimated at 325 thousand jobs. On the other hand, unemployment rates stabilized at 3.6%,...
Crude prices returned to rise in the middle of the session today, Thursday, the second of June, with the opening of the American markets, after it was trading in the red color, and losing more than 2%, after news that the Organization of the Petroleum Exporting Countries and independent allies outside the organization agreed to increase crude production in July...
The American private sector added about 128 thousand jobs in May, according to the figures released a few moments ago by the ADP, after adding about 202 thousand jobs in the revised April reading of 247 thousand, while expectations indicated the addition of 295 thousand jobs. In details, the commodity production sector added about 24 thousand jobs, while the manufacturing...
The Bank of Canada decided in its meeting moments before to raise interest rates by 50 basis points to reach 1.50%, as expected. The interest report from the Bank stated that the Canadian economy is strong, as the gross domestic product grew by about 3.1% in the first quarter, in line with the monetary policy report issued in April. The...
For the second month in a row, the yellow metal ended May with a monthly decline and a loss estimated at 3.6% when it closed the session yesterday, Tuesday, at levels of $ 1836 an ounce. $ 1828 an ounce at the lowest level for the metal in two weeks. The metal has been affected since the beginning of the...
The Central Bank of Canada is heading to raise interest rates by 50 basis points to reach 1.50% at its meeting this evening, Wednesday, the first of June (June) for the second month in a row, in the first increase of its kind in two decades and for the third month in a row in terms of raising interest rates...
The Australian economy recorded a growth in GDP growth of about 0.8% in the first quarter of this year 2022 ending in March, compared to a growth in the third quarter of about 3.4% before it was adjusted to 3.6%, while expectations were indicating a growth of about 0.6%, based on Annually, the gross domestic product rose to 3.3% compared...