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Fundamental analysis

The Reserve Bank of Australia keeps its monetary policy unchanged
Foreign currency
image 7 December، 2021

 The Board of the Reserve Bank of Australia decided, in its meeting this morning, Tuesday, in the Asian session, to keep its monetary policy and current interest rates at 0.10% unchanged, as was expected, and to continue buying government securities at a rate of 4 billion dollars per week until mid-February next year at least. The report issued by the...

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US stocks green open and Dow rises more than 600 points
Market Indicators
image 7 December، 2021

 US stocks and the three major indices recorded strong gains when they closed the opening session of the week yesterday, Monday, as the Dow Jones index rose by more than 600 points at the close, amid ignoring the Omicron axis and the uncertainty related to it, despite its spread in about 15 US states so far, but reports indicate that...

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Cryptocurrencies incur more losses and Bitcoin is below a trillion dollars in market capitalization
Digital currencies
image 6 December، 2021

The state of terror that cryptocurrency investors were exposed to on Saturday is still dominating the digital currency markets, as all currencies continue to decline with some minor exceptions, led by the most expensive digital currency in the world (Bitcoin), which loses about 1.2% in the middle of today’s session, Monday, December 6th, and trading at Levels of 48,129 thousand...

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The Australian Reserve, the Central Bank of Canada and US inflation data are the most important events this week
Foreign currency
image 6 December، 2021

A quick look at the events of the past week How did the market read employment data? Mutant omicron spreads The Australian Reserve and the Bank of Canada are on top of the week's events Will the inflation reading change market expectations about interest rates? With the US labor market data released on Friday at the end of last week,...

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Gold is heading to close the third week in a row negatively, and silver has lost more than 3.5% since the beginning of the week
metals
image 3 December، 2021

The yellow metal is heading to close the third week in a row after a few hours negative, despite its daily gains, as it trades today, Friday, December 3, at levels of 1772 dollars per ounce, the last sessions of the week, up 0.20% today, Friday, and a weekly decline of about 0.90% or 17 dollars, as it overcame Jerome...

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The US economy added 201 thousand jobs in November, contrary to expectations, and the Canadian labor market is shining
Foreign currency
image 3 December، 2021

 The report issued by the United States Bureau of Labor Statistics a moment ago showed that only 201 thousand jobs were added in November, compared to the addition of 531,000 jobs in October, before it was adjusted to 546 jobs, much less than market expectations, which indicated the creation of jobs estimated at 556 thousand jobs. On the other hand,...

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Markets await US labor market data (expected scenarios)
Foreign currency
image 3 December، 2021

Financial markets are awaiting during the American session today, Friday, December 3, the last session of the week, the NFP data from the US Department of Labor in the November reading, as it is considered one of the most important data that the US Federal Reserve looks at before making any decision in monetary policy, and therefore the importance of...

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OPEC + officially maintains its production policy in January, and crude is incurring more losses
Oil markets
image 2 December، 2021

 Crude prices are recording strong declines with the beginning of the opening of the American markets, after OPEC + officially maintained, moments before, its production policy, which stipulates an increase in production by about 400 thousand barrels per day in January, while keeping its meetings open to follow the developments of the Omicron mutator and its impact on crude prices...

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Gold falls, ignoring Omicron’s concerns and Fed members’ statements, the most important event of the session
metals
image 2 December، 2021

 The yellow metal is trading down by about 0.67% at levels of $ 1770 an ounce in the middle of the European session today, Thursday, the second of December, after testing its lowest level in a month at $ 1766 moments ago, despite the rise in fears of the new strain Omicron in the markets after it spread until the...

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US stocks turn red at the end of the session after discovering the Omicron case in California, and the Dow drops by a thousand points from the top
Market Indicators
image 2 December، 2021

 US stocks turned from green to red at the end of the first session of December yesterday, Wednesday, causing the Dow Jones index to lose a thousand points from its highest level during the session, after the health authorities announced the first case of Omicron in the United States of America, bringing the number of countries in which the Omicron...

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