Data released moments before by the US Census Bureau showed an increase in US retail sales by about 0.9% in April, which was better than the markets expectations that indicated a decline to 0.5%, compared to a decline of about 0.5% before it was adjusted to 1.4% in the March reading, while the annual reading rose to 8.2%, compared to...
The minutes of the Reserve Bank of Australia’s meeting two weeks ago and issued in the Asian session today, Tuesday, showed that the members of the Monetary Policy Committee of the Bank discussed global inflation developments, the ongoing turmoil in global supply chains and commodity price increases after Russia’s invasion of Ukraine, and the members also discussed the economic outlook...
Gold is trading at its lowest level since the second of last February, below the levels of $ 1800 per ounce at levels of $ 1797, down by about 0.70% this morning, Monday, May 16 (May), with the opening of the European session, where the selling momentum of the yellow metal increased in the last three sessions and a loss...
The dollar maintains its gains thanks to the state of the safe haven Disappointing Chinese data in the Asian session Euro falls, ignoring expectations of rate hike in July Powell's comments and inflation data from Canada and the United Kingdom are the main events of the week After US inflation figures topped the events of last week, global markets return...
The general index of the US dollar is trading at the 104 levels in the middle of the trading session of the European session today, Thursday, May 12 (May), up by about 0.50%, trading at 104.47 levels, the highest level for the index since December 2002, ignoring the inflation declines recorded by the US economy in April, coinciding with the...
Cryptocurrencies are recording strong declines this morning, Thursday, May 12, coinciding with a clear decline in risk appetite in the markets with the opening of the European session, where the Bitcoin currency leads these declines, trading at levels of 27,457 thousand dollars, down by 9.70%, trading at its lowest level since December 2020 with a decline in the market value...
Preliminary figures from the United Kingdom’s National Statistics Office (ONS) showed that the Queen’s gross domestic product (GDP) in the first quarter ending in March increased by 0.8%, less than expectations of a growth of about 1%, with an adjustment to the growth of the fourth quarter of last year, rising to 1.3%. The economy grew by 8.7% on an...
Data released moments before by the Bureau of Labor Statistics in the United States showed that the Consumer Price Index (CPI), which measures inflation, decreased by 0.3% on a monthly basis in April, after rising by about 1.2% in March, to come better than expectations that indicated a decline to 0.2%, while the index rose The core, excluding food and...
Crude prices are recording increases of more than 2% with the opening of the European session today, Wednesday, May 11 (May), after declines of more than 8% in the first two sessions of the week, in which US crude (NYMEX) lost the levels of $ 100 a barrel for the first time in two weeks, amid anticipation in the markets...
The three major indices of US stocks recorded mixed performance at the close of the trading session on Tuesday, May 10th, as gains in technology stocks supported the Nasdaq Composite Index specialized in the technology sector, while the Dow Jones Industrial Average declined for the fourth consecutive session. \ Market fears of a possible global economic recession, in addition to...