The Organization of the Petroleum Exporting Countries and its allies, independent producers outside the organization, led by Russia in the system known as OPEC +, decided moments before its ministerial committee meeting to adhere to the planned increase in production by about 400,000 barrels per day next March, ignoring the pressures of major consumers in the world calling for an...
The US private sector lost about 301 thousand jobs in January, according to figures released just before by the ADP, after adding about 807,000 jobs in December, while expectations were for the addition of 185 thousand jobs. In details, the commodity production sector lost about 27 thousand jobs, while the manufacturing sector lost about 21 thousand jobs, and the construction...
Data released moments ago by Eurostat, the statistical office of the European Union, showed that inflation in the euro zone rose to 5.1% in the estimated reading in January, up from 5% in December, while expectations indicated a decline to 4.4%. The rise in inflation in January was supported by the rise in energy prices at the highest annual pace...
The index concerned with measuring the dollar against a basket of currencies (Dollar Index) is losing for the second consecutive session in the middle of the European session today, Tuesday, the first of February, before the opening of the American markets, by trading at 96.32 levels, a loss of about 0.32% and about 0.90% since the beginning of the week...
US stocks recorded gains when they closed the last sessions of the month of January on Monday, January 31 and the first sessions of the week, as the Nasdaq Composite Index, which specializes in the technology sector, avoided its worst monthly performance ever, after rising more than 3% yesterday, Monday, to reduce its monthly losses to 8.98% in The worst...
The Monetary Policy Board of the Reserve Bank of Australia, led by Governor Philip Lowe, decided to keep the current monetary policy unchanged at its meeting this morning, Tuesday, the first of February, and to keep the current interest rates at 0.10%, and the bank decided today to end and stop the process of quantitative easing and the purchase of...
Crude prices are trading at high levels this evening, Monday, January 31, less than an hour before the opening of the American opening session for the week, as Brent crude rose in the last sessions of January by about 1%, trading at levels of $91 a barrel, while American crude (NYMEX) is trading at levels of $87.27 The barrel rose...
A look at the main events of the past week Will the Australian Reserve change its view of interest expectations? Market expectations of a rate hike from the Bank of England rise US employment numbers may be affected with Omicron By the end of last week, Friday the 28th of January, the markets concluded the week and month of the...
The general index of the US dollar is heading to record gains that are the strongest since June of last year, by trading it this morning, Friday, January 28, with the opening of European markets at levels of 97.30, its highest level since June 2020, with weekly gains exceeding 1.7%, benefiting from the positivity of the US Federal Reserve midweek...
The yellow metal continues to decline for the second consecutive session in the middle of today’s session, Thursday, January 27, and before the opening of the American markets, where gold loses about 0.20%, trading now at levels of $ 1811 an ounce, after losing about 1.5 percent yesterday, Thursday, or the equivalent of $ 30 after the US Federal Reserve...