The yellow metal recorded declines for the second consecutive session since the beginning of the week today, Monday, March 15th, with the opening of European markets by more than 1%, trading at levels of 1929 dollars per ounce, affected by the high yields on US Treasury bonds, as the yield on 10-year Treasury bonds rose To its highest level since...
The Reserve Bank of Australia, in its meeting two weeks ago, issued in the Asian session today, Tuesday, March 15 (March), showed more uncertainty about the outlook after the Russian invasion of Ukraine, and indicated that this invasion will lead to a decline in growth and higher inflation due to the disruptions in energy supplies and high prices. With regard...
Crude prices are recording strong declines exceeding 3.5% in the middle of today’s trading session, Monday, the opening session of the week, coinciding with the opening of the American markets, where Brent crude is trading at levels of 108.41 dollars a barrel, down by about 3.78%, while American crude (NYMEX) is losing about 4% by trading at levels $104.95 a...
The cryptocurrency markets are recording some stability in the middle of the opening session of the week today, Monday, 14 March, amid a clear decline in liquidity, as Bitcoin is trading at levels of 39 thousand dollars and a market value at 740 billion dollars, an increase of about 0.02%, coinciding with anticipation in the markets for the outcome of...
A look at the main events of the past week The US Federal Reserve is set to raise interest rates Expectations of the third rate hike by the Bank of England We will follow up on different data during the week After US inflation data and the European Central Bank meeting topped the events of last week, attention is turning...
The Canadian economy added 337 thousand jobs in February, according to data released a few moments ago by Statistics Canada, an increase of about 1.8%, after losing 200 thousand jobs in January, better than expectations that indicated the addition of about 132 thousand jobs. On the other hand, the unemployment rate declined to 5.5%, a decrease of 1%, compared to...
The US dollar is trying to return to recording weekly gains by the end of trading today, Friday, March 11th, the last day of this week, as the general index of the US dollar is trading at 98.55 levels, close to the weekly opening prices, rising by more than 0.50% after the US inflation data, which came in the highest...
Data released moments before by the Bureau of Labor Statistics in the United States showed that the CPI, which measures inflation, rose by 0.8% in February, after rising by about 0.6% in January, in line with expectations, while the main index, excluding food and energy prices, declined to 0.5% compared to By 0.6% in January. On the other hand, the...
The European Central Bank decided to keep the current zero interest rates unchanged, as expected, while announcing that it would announce an acceleration of the easing of quantitative easing. According to the bank's interest statement, the Russian invasion of Ukraine is a turning point for Europe and based on the bank's assessment, the bank has revised the purchase schedule of...
Attention is turning this evening, Thursday, March 10th, towards the two most important events this week, as the European Central Bank will hold its regular meeting today, Thursday, while the United States of America will announce inflation figures for the month of February. European Central Bank Members of the European Central Bank meet this evening to discuss monetary policy and...