Amid the absence of economic data during the opening session of the week yesterday, Monday, the markets interacted with the reappointment of the current US Federal Reserve Chairman Jerome Powell for another four years, as were expectations, to end a chapter in the financial markets side by side with a state of uncertainty and possible scenarios that would come with...
View MoreThe US markets concluded the opening session of the week yesterday, Monday 22nd of November, in contrast, as the Dow Jones index managed to close in the green color, while the S&P 500 and Nasdaq indices deepened in the red color after they had gained until a few hours before closing in a session described as volatile. The Dow Jones...
View MoreUS President Joe Biden kept the current US Federal Reserve Chairman Jerome Powell in his position, as expectations were largely for another four-year period, as Biden supported Powell's presidency and his term despite its difficulty and what happened to it such as the inflation crisis and the pandemic recession. And the US President announced the appointment of Lyle Brainard as...
View MoreCrude prices are recording stability with some slight rises in the middle of trading today, Monday, November 22, the opening session of the week and before the opening of the American markets, as Brent crude rises by 0.11% and is trading at a level of $78.98 a barrel, while the American crude (NYMEX) is trading at levels of $76.00 a...
View MoreCryptocurrencies returned to decline in the opening session of the week today, Monday, November 22, with the beginning of the European session, as Bitcoin leads the declines of cryptocurrencies, down by about 2.9%, and trading at levels of $ 57,467 thousand, to lose the most expensive digital currency in the world about 12% of its value in the last seven...
View MoreEuro awaits PMI amid closings in Europe Will the Bank of New Zealand raise interest rates? PCE inflation and growth data from the US Powell am Brainard for the Fed After a week full of many economic data that had a direct impact on currency movements, the markets will enter a new week, starting today, Monday, November 22, in a...
View MoreData released by Statistics Canada just moments ago showed that retail sales fell by -0.6% in September to reach $56.6 billion, after rising by about 2.1% in the August reading, to come in better than expectations that it had indicated a decline to -1.6%, affected by a decline and a decline in car sales. And spare parts by 1.6%. Sales...
View MoreCrude prices record declines in the middle of the day, Friday, the last of the weekly trading sessions, and before the opening of the American markets, where Brent crude is trading below 79 levels for the first time in seven weeks, with the two crudes heading to record weekly losses exceeding 5%, in a decline for the fourth week in...
View More, After two sessions of decline in the general index of the US dollar and a retreat from its highest levels in 16 months amid a state of profit-taking, the US dollar regains its strength in the middle of trading today, Friday, the 19th of November, the closing session of the week, as the dollar rises by 0.50% and is...
View MoreData from the Office for National Analysis and Statistics in the United Kingdom ONS just before showed that retail sales rose by 0.8% in October, after declining by about 0.2% in September, exceeding expectations that were indicating a growth of 0.5%. Non-food stores supported the main retail sector such as used stores, toys, sports equipment stores and clothing stores by...
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