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Fundamental analysis

Canadian economy adds jobs below expectations, unemployment is best since 1976
Foreign currency
image 8 April، 2022

 The Canadian economy added 73 thousand jobs in March, according to data released moments before by Statistics Canada, compared to 336 thousand jobs added by the Canadian economy in February, falling short of expectations that the economy added about 77 thousand jobs. On the other hand, the unemployment rate declined by 0.2% to 5.3% in March, compared to 5.5% in...

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Eurozone retail sales grow less than expected
Foreign currency
image 7 April، 2022

 Data from the European Statistical Office, according to Eurostat estimates, showed that retail trade volume rose by 0.3% in the Eurozone and the European Union in February, compared to 0.2% in January's reading, falling short of expectations that it would rise to 0.6%. On an annual basis, sales increased by 5% in the Eurozone and by 5.4% in the European...

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Cryptocurrencies are in the red color, Dogecoin and Solana are the biggest losers
Digital currencies
image 7 April، 2022

 Cryptocurrencies record strong declines this morning, Thursday, April 7, coinciding with a clear decline in risk appetite in the markets before the opening of the European session. billion dollars. The US Federal Reserve’s minutes issued yesterday, Wednesday, raised the market’s expectations regarding the pace of interest rate hike and the speed of the Fed’s tightening, as the Fed members showed...

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The Fed minutes show a tightening in monetary policy, and the dollar reacts positively
Foreign currency
image 6 April، 2022

The minutes of the US Federal Reserve's meeting two weeks ago, released moments ago, showed that many Fed members saw inflation as much higher than the committee's target and inflationary risks to the upside and would have preferred a half-point hike at the previous meeting. Regarding the Fed's balance sheet, members agreed to set a monthly ceiling of about $60...

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The US dollar is trading at its highest level in nearly a year and markets are awaiting the Fed minutes
Foreign currency
image 6 April، 2022

 The general index of the US dollar continues to rise for the fifth consecutive session, trading at its highest level since May of the year 2020 at 99.60 levels, up by 0.15% today, Wednesday, April 6, with the opening of European markets, and after rising by about 0.50% yesterday, Tuesday, as the US dollar receives support from High yields on...

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The Nasdaq leads the declines in US stocks, and Twitter shares extend its gains, supported by the appointment of Musk to the board of directors
Market Indicators
image 6 April، 2022

 The major indices of US stocks ended the session yesterday, Tuesday, the fifth of April, with declines at the close, as the Nasdaq Composite Index specialized in the technology sector lost more than 300 points, coinciding with declines in technology shares after statements from Lyle Brainard, Vice President of the US Federal Reserve during the American session. Brainard stated in...

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The US service sector grew by 1.8 points in March
Foreign currency
image 5 April، 2022

 The economic activity in the services sector PMI, according to the report of the Institute of Supply Management ISM in the United States of America in March for the 22nd consecutive month, increased by 58.3 compared to 56.5 in the February reading, to come below expectations, which indicated an increase to 58.6. In details, the business activity index rose to...

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The Reserve Bank of Australia keeps its monetary policy and the Australian dollar at its highest level since June
Foreign currency
image 5 April، 2022

 The Board of Directors of the Reserve Bank of Australia decided, in its meeting this morning, Tuesday, April 5th, to keep monetary policy and the current interest rates at 0.10%, unchanged as expected. The bank said in a statement that the Australian economy remains resilient and that spending is rebounding after the Omicron setback and that the real strength is...

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Most important events
Foreign currency
image 4 April، 2022

Closed in Chinese markets today and tomorrow Markets are waiting Australian RBA meeting (tomorrow, Tuesday) Minutes of the US Federal Reserve meeting two weeks ago (Wednesday) ISM Service Index (Tuesday) Canadian Labor Market Data (Friday)   Looking forward to arranging a meeting between Zelensky and Putin Corona virus infection numbers in China and India oil prices To get the complete...

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The US economy added 431,000 jobs in March, and the unemployment rate is declining
Foreign currency
image 1 April، 2022

 The report issued by the United States Bureau of Labor Statistics a moment ago showed that 431,000 jobs were added in March, compared to the addition of 678 thousand jobs in February, to come below market expectations, which indicated the creation of jobs estimated at 492 thousand jobs. On the other hand, unemployment rates declined by about 0.2% to 3.6%,...

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