US stocks recorded strong gains at the end of trading yesterday, Wednesday, March 10th, as the S&P 500 index recorded its best daily performance since June 2020, as shares benefited from the rise in risk appetite in the markets due to optimism about the Ukrainian-Russian talks that will take place today, which supported Crude prices fell from their highest levels....
Gold loses during today’s session, Wednesday, the ninth of March, in the middle of the European session and before the opening of the American markets, about 2.15%, and is trading at levels of $ 2008 per ounce, to lose more than $ 55 compared to the highest level recorded by the yellow metal during yesterday’s trading at $ 2069 per...
Data from the National Bureau of Statistics in China showed that the annual consumer price index, which measures inflation, was stable at 0.9% in February, unchanged compared to January's reading, as the inflation rate in major factories recorded the slowest pace of growth in eight months. On the other hand, the Producer Price Index (PPI) in China rose to 8.8%,...
The most powerful digital currency in the world (Bitcoin) is striving to regain the levels of 40 thousand dollars in the middle of trading today, Tuesday, the eighth of March (March), with increases of more than 2% after declines for four consecutive sessions, to trade at levels of 39,087 thousand dollars, an increase of about 2.38% and an increase in...
Industrial production in the largest economy in the Eurozone (Germany's economy) rose by 2.75 in February, according to data released moments before by the Federal Statistical Office Destatis in Germany, compared to 1.1% in the revised January reading and better than expectations that indicated a growth of about 0.5%. In details, industrial production, excluding energy and construction, increased by 1.3%,...
US stocks, represented by the three major indices, recorded strong declines at the end of the opening session of the week yesterday, Monday, March 7th, affected by the rise in fears of economic stagnation and the continued rise in global inflation after crude exceeded the levels of 130 dollars a barrel in light of the current crisis situation between Russia...
The yellow metal is trading at its highest level in two and a half years, the highest levels of the two thousand dollars, in the middle of the European session today, Monday, the seventh of March, and before the opening of the US markets, up by about 1.65%, or $ 32, its highest level since August 2020, benefiting from its...
Crude prices continue to record gains at the beginning of the week today, Monday, the seventh of March, as Brent and US crude tested their highest levels since 2008 at the opening, as US crude opened at levels of 130.50 dollars a barrel, before retreating and reducing its gains, and it is now trading at levels of 124.30 dollars a...
The US dollar is at its highest level since May 2020 The European Central Bank and inflation data are the most important events of the session Commodity currencies are rising despite the strength of the US dollar Miscellaneous data we will follow during the week The markets re-ignited at the beginning of the week today, Monday, the 7th of March...
The report issued by the United States Bureau of Labor Statistics a few moments ago showed that 678 thousand jobs were added in February, compared to the addition of 467 thousand jobs in January, and better than market expectations, which indicated the creation of jobs estimated at 407 thousand jobs. On the other hand, unemployment rates fell by 0.2% to...