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Fundamental analysis

Markets raise expectations for a US interest rate hike after inflation data and the dollar at the July 2020 summit
Foreign currency
image 11 November، 2021

 After inflation exceeded the expectations of analysts and markets and came to its highest level in thirty years (November 1990), the bets of analysts and markets increased that the US Federal Reserve would resort to raising interest rates immediately after the completion of the process of reducing the bond purchase program in July of next year, in addition to the...

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Australian labor market misses expectations in October and inflation expectations rise
Foreign currency
image 11 November، 2021

 Data from the Australian Bureau of Labor Statistics (ABS) released this Thursday morning showed an increase in unemployment rates in October to 5.2%, compared to 4.6% in September, exceeding expectations that indicated a rise to 4.8%, in contrast, participation rates rose to 64.7% from 64.5%. The number of the unemployed in October was about 707.300 thousand people, compared to 625,500...

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Inflation fears push gold to its highest level in five months
metals
image 10 November، 2021

 The yellow metal continues to record gains for the fifth consecutive session and is trading at its highest level since mid-June at levels of $ 1852 an ounce, an increase of more than 1.2%, coinciding with the opening of the American markets for the session today, Wednesday, benefiting from the rise in global inflation fears after the released data. The...

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Annual inflation in the United States of America at its highest level since 1990
Foreign currency
image 10 November، 2021

 Data released moments before by the Bureau of Labor Statistics in the United States showed that the CPI, which measures inflation, rose by 0.9% in October, after rising by about 0.4% in September, to come in better than expectations that indicated a rise to 0.6%, while the main index excluding it rose Food and energy prices to 0.6% (expectations of...

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US dollar rises amid anticipation of inflation data
Foreign currency
image 10 November، 2021

 The general index of the US dollar recorded highs in the middle of the trading session today, Wednesday, the 10th of November, and a few hours before the announcement of the data of the US consumer price index, which is concerned with measuring inflation, as expectations indicate that the annual inflation in the United States of America will rise at...

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Despite the morning declines, cryptocurrencies maintain the $3 trillion market value
Digital currencies
image 10 November، 2021

 After Bitcoin and Ethereum recorded the yields of two digital currencies in the world to record levels during yesterday’s session, cryptocurrencies recorded declines this morning, Wednesday, November 10, as Bitcoin lost about 2.48% and traded at levels of 66,500 thousand dollars, with a market value estimated at 1.257 billion dollars, while Ethereum traded It decreased by about 2.09% at levels...

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, and the S&P loses after rising for eight consecutive sessions
Market Indicators
image 10 November، 2021

 The three main US stock indices recorded declines at the end of trading on Tuesday, the ninth of November, after gains that continued for more than a week, as the S&P 500 index ended a series of gains that continued for eight consecutive sessions, in the longest series of consecutive gains since April of the year 2019 amid a state...

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US data supports the dollar’s gains in the American session
Foreign currency
image 26 October، 2021

 The US Conference Board's Consumer Confidence Index rose in October to 113.8 points after declines for the previous three months, the most recent of which was declines in September. In the details of the index, the current situation index, based on consumers' assessment, rose to 147.4 from 144.3, while the expectations index rose to 91.3 compared to 86.7 in September....

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Brent crude tries to maintain its weekly gains
Oil markets
image 22 October، 2021

 Brent crude seeks to close its eighth week in a row with weekly gains, despite trading close to the levels of the opening session of the week, at a loss of 0.10%, trading at levels of $85.07 a barrel, and gains today, Friday, by 0.54%, after losing its highest level during the week, centered at $86.04 a barrel. Yesterday Thursday,...

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The US manufacturing PMI is at its lowest level in seven months, and the dollar is recording weekly losses
Foreign currency
image 22 October، 2021

 The Purchasing Managers' Index for the US services sector rebounded in the preliminary reading for the month of September, according to the report issued by IHS Markets or the US Bureau of Economic Analysis issued moments ago, by 58.2, exceeding expectations that indicated a decline to 55.3, to be revised to the August reading, rising to 54.9, recording its highest...

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