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Fundamental analysis

German IFO Exceeds Expectations in May
Foreign currency
image 22 May، 2026

The IFO Business Climate Index for Germany rose in May to 84.9, up from 84.5 in April, exceeding market expectations of 84.2. The index, which surveys nearly 9,000 German companies, reflects increased optimism among businesses regarding the current situation and improved expectations for the coming months. Specifically, the current situation index rose to 86.1 from 85.4 in April, while the...

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Eurozone Purchasing Managers’ Index (PMI) Declines, UK Figures Mixed
Foreign currency
image 21 May، 2026

Data released at the start of the European session on Thursday, May 21, showed negative figures across most of the Eurozone's services and manufacturing PMIs, while the UK's May readings were mixed. The Eurozone services PMI fell to its lowest level in 63 months, reaching 46.4 in May, compared to 47.6 in April (expected 47.8). Meanwhile, the manufacturing PMI dropped...

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Australia’s unemployment rate rises to 4.5%
Foreign currency
image 21 May، 2026

Australian unemployment fell by 0.2 percentage points in April to 4.5%, according to figures released by the Australian Bureau of Statistics (ABS) at the start of Asian trading on Thursday, May 21. This compares to 4.3% in April, while market expectations had anticipated it would remain stable at 4.3%. The labor force participation rate also rose to 66.8% from 66.7%....

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UK inflation slows to 2.8% in April
Foreign currency
image 20 May، 2026

The UK's Consumer Price Index (CPI), which measures inflation, rose to 2.8% in April, according to data released by the Office for National Statistics (ONS) on Wednesday morning, May 20. This compares to 3.3% in March and falls short of expectations of 3% growth. The slowdown in inflation in April is attributed to the energy price cap imposed by the...

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Canada’s annual inflation rate rose in April as gasoline prices climbed.
Foreign currency
image 19 May، 2026

Canada's Consumer Price Index (CPI) rose 2.8% year-on-year in April, according to figures released moments ago, compared to 2.4% in March. The core CPI, which excludes gasoline prices, rose 2.0% year-on-year, up from 2.2% in March. On a monthly basis, the index rose 0.4% in April, following a 0.9% increase in March, while expectations were for a 0.7% rise. The...

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US Retail Sales Miss Expectations in April
Foreign currency
image 14 May، 2026

Data released moments ago by the US Census Bureau showed that US retail sales rose in April to $757.1 billion, a 0.5% increase after a 1.7% rise in March, matching expectations. Sales were up 4.9% year-over-year compared to April 2025. Core sales, excluding autos, also grew by 0.7% in April, compared to 1.9% in March, matching market expectations. Sales at...

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UK GDP Grows by 0.6% in Q1
Foreign currency
image 14 May، 2026

Preliminary estimates from the UK's Office for National Statistics show that the UK's gross domestic product (GDP) rose by 0.6% in the three months to March, following growth of 0.5% in the three months to February. On a monthly basis, it grew by 0.3% in March, after a revised 0.4% increase in February. This contrasts with expectations of a 0.1%...

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US Annual Inflation Exceeds Expectations
Foreign currency
image 12 May، 2026

Data released moments ago by the US Bureau of Labor Statistics showed that the Consumer Price Index (CPI), which measures inflation, rose by 0.6% in April, compared to 0.9% growth in March, matching market expectations. The core CPI, which excludes food and energy prices, rose by 0.4%, compared to 0.2% (expectations were for 0.3%). Meanwhile, the annual CPI over the...

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ZEW Economic Sentiment Index Rises 7 Points in May
Foreign currency
image 12 May، 2026

The ZEW Business Sentiment Index for Germany rose 7 points in May after two months of sharp declines, but remained in negative territory for the third consecutive month, reaching -10.2 points compared to a drop of -17.2 in April. This was slightly below expectations of a decline to -19.2. The May increase in the index came despite a slight decrease...

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China’s inflation rises to 1.2% in April
Foreign currency
image 11 May، 2026

Data released by China's National Bureau of Statistics on Monday, May 11, showed that the annual Consumer Price Index (CPI), a key measure of inflation, rose to 1.2% year-on-year in April, up from 1.0% in March. This exceeded market expectations of 0.9% growth, as the impact of the energy sector shock stemming from the Strait of Hormuz blockade spread to...

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