08/06/2025
6 May، 2025
Cryptocurrencies are recording some collective declines in mid-day trading on Tuesday, May 5, with some stability. Bitcoin, the world's most expensive digital currency, fell for the second consecutive session, trading at $93,771, a 0.30% decline, with a slight decline in market capitalization to $1.862 trillion. Senate Republicans faced a major obstacle early Monday in passing a new cryptocurrency law, a...
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6 May، 2025
After heavy declines in gold trading last week, testing the 3,200 level and losing for three consecutive sessions, the yellow metal has recovered all of its losses since the beginning of trading yesterday, Monday, to trade at its highest level in two weeks, with a clear decline in risk appetite in the markets amid anticipation of the US Federal Reserve...
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6 May، 2025
The three major US stock indexes recorded declines at the close of trading on Monday, May 5, after nine consecutive sessions of gains, ignoring positive US economic figures and optimistic statements from the US Treasury Secretary amid market anticipation of Wednesday's Federal Reserve meeting. Economic data in the opening session was positive, with the Supply Management Service (SMS) announcing that...
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5 May، 2025
The US Federal Reserve, which meets on Tuesday and Wednesday, May 6 and 7, and will announce the results of its meeting at the end of the US session on Wednesday, is dominating this week's events. The bank is expected to keep interest rates unchanged at 4.5% for the third consecutive meeting this year, following a quarter-basis-point cut in December....
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5 May، 2025
Crude oil prices fell more than 2% at the start of trading in the European session on Monday, May 5. Both crudes lost nearly $3 at the opening bell after the OPEC+ decision, which was held early Saturday and approved a significant increase in production. Brent crude fell by about 2.20%, trading at $59.95 per barrel, while US crude (NYMEX)...
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2 May، 2025
The report released by the US Bureau of Labor Statistics just moments ago showed that the US economy added 177,000 jobs in April, compared to 185,000 in March, which was revised down from 228,000. This was better than market expectations of 137,000 jobs added. Conversely, the unemployment rate remained at 4.2% in April, matching expectations, while the labor force participation...
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2 May، 2025
Eurostat, the statistical office of the European Union, released preliminary estimates just a few moments ago showing that annual inflation in the eurozone rose to 2.2% in April, matching the March reading and exceeding expectations of 2.1%. The largest contribution to inflation in April came from the services sector, which rose at an annual rate of 3.9%, up from 3.5%...
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1 May، 2025
Crude oil prices fell more than 2% in mid-European trading today, Thursday, May 1, marking the fourth session of declines after reports indicated that Saudi Arabia may announce another production increase in June. Brent crude fell by about 2.19%, trading at $59.61 per barrel, while US crude (NYMEX) traded at $56.83 per barrel, down about 2.37%. A Bloomberg report indicated...
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1 May، 2025
The Bank of Japan decided at its meeting that concluded this morning, Thursday, May 1, to keep monetary policy and interest rates unchanged. Members voted unanimously to keep interest rates at 0.50%, as expected, for the second consecutive meeting, following a hike in the December meeting. The Bank of Japan's quarterly forecast report, issued every three months, showed the bank...
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30 April، 2025
Data released just moments ago from the U.S. Bureau of Economic Analysis showed that U.S. personal income rose by $116.8 billion in March, up 0.5% from 0.8% in February. The Personal Consumption Expenditures (PCE) Index, the Federal Reserve's preferred measure of inflation, rose by 0.7% to $134.5 billion, compared to February's reading of 0.4%. The PCE, which excludes food and...
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