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Fundamental analysis

More than 2% gains for crude in the opening session of the week, and the US is at its highest level since 2014
Oil markets
image 11 October، 2021

 Crude prices recorded highs in the middle of the trading session of the opening session of the week today, Monday, the 11th of October, to continue its gains for three consecutive sessions, taking advantage of the commitment of the Organization of the Petroleum Exporting Countries and its independent producing allies outside the organization to its agreement in July, in addition...

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Has the market passed the US debt ceiling crisis?
Foreign currency
image 11 October، 2021

Eleven Republicans contributed to the Senet vot last Thursday in saving the United States of America temporarily from a catastrophic crisis that would have hit the American and global economy by contributing to the enactment of legislation to increase the US debt ceiling by 480 billion dollars, bringing the number of voters to 60, which is the number that the...

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Inflation data and the minutes of the US Federal Reserve meeting, the most important events this week (weekly currency report)
Foreign currency
image 11 October، 2021

 yield on US bonds continues to rise Statements by members of the US Federal Reserve during the week unscheduled events The markets concluded last week with the US and Canadian labor market data on Friday, turning the attention towards a new week full of economic data and events with the beginning of Monday the 11th of October, as the US...

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The US economy added 194,000 jobs in September, and Canadian jobs exceed expectations
Foreign currency
image 8 October، 2021

The report issued by the US Department of Labor in Washington just a few moments ago showed that 194 thousand new jobs were added in September, compared to 235,000 jobs added by the sector in October, less than the expectations that were referring to the addition of 490 thousand jobs. The statement showed a decline in the unemployment rate by...

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The market value of Bitcoin exceeds one trillion dollars again, and Sheba is one of the biggest beneficiaries of the week
Digital currencies
image 8 October، 2021

Cryptocurrencies record collective weekly gains, led by Bitcoin, at the closing session of the week, today, Friday, October 8, as Bitcoin leads the gains of digital currencies, with increases of more than 22% in the last seven trading sessions, and a rise of about 56% today, Friday, with its recovery of one trillion dollars, market value for the third time,...

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Hours separate us from the US labor market data and a look at the expected scenarios
Foreign currency
image 8 October، 2021

 Less than six hours separates us from the most important economic data for the current week represented in the non-agricultural employment data known as NFP issued by the US Department of Labor. Determine its monetary policy. Expectations from most analysts, banks and financial institutions indicate the addition of between 400-600 thousand jobs in the month of September, compared to 235...

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US stocks rise after positive news from Congress
Market Indicators
image 8 October، 2021

Major US stock indexes closed higher on Thursday, October 7th, benefiting from Senate Majority Leader Chuck Schumer's announcement that lawmakers had reached an agreement on extending the debt ceiling until December after hours of debate. The file of the US debt ceiling was a threat to the US economy, as October 18th is considered the last date for raising the...

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The US private sector added 568,000 jobs in September
Foreign currency
image 6 October، 2021

The American private sector added 568,000 jobs in September, compared to 374 thousand jobs in August, according to the report issued moments before the ADP, exceeding market expectations, which indicated the addition of about 425,000 jobs. In the details of the index, the commodities sector added 102 thousand jobs, while the construction sector added 46 thousand jobs, the mining sector...

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US crude (NYMEX) is at its highest level in seven years, and attention is turning to the US stockpile statement
Oil markets
image 6 October، 2021

Despite crude’s declines in the middle of the trading session today, Wednesday, October 6, US crude is trading at its highest level since November of 2014 at levels of $78.46 an ounce, declining during today’s session by about 0.60% after testing levels of $79.70 a barrel in the Asian session, while Brent crude is trading At levels of 82.13, down...

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The US dollar resumes its gains amid anticipation of private sector employment data and the euro is at its lowest level since July 2020
Foreign currency
image 6 October، 2021

 The general index of the US dollar resumed its upward journey after stopping for three consecutive sessions in which the US dollar recorded declines by about 0.40% to test levels of 94.07 at the beginning of the week before it started to rise with the beginning of the American session yesterday, Tuesday, and continued its rise this morning, Wednesday, October...

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