Data released moments before from the United States of America showed that the private sector, according to ADP estimates, added about 534 thousand jobs in the month of November, after adding 570 thousand in October, to come better than expectations that indicated the addition of 525 thousand jobs. In details, the commodity production sector added about 110 thousand jobs, while the...
Crude prices rise by more than 3.5% in the middle of the European session today, Wednesday, the first session of December, compensating part of its losses recorded yesterday, which exceeded 4%, amid anticipation of what will come out of the meeting of the Organization of the Petroleum Exporting Countries and the independent producing allies outside the organization led by Russia,...
The Turkish lira hit a new record low against the US dollar at levels of 13,500 this morning, Wednesday, December 1, with the opening of European markets after Turkish President Recep Tayyip Erdogan defended his policy and strategy. Speaking to the Turkish Radio and Radio Corporation on Tuesday, Erdogan indicated for the third time in less than a month that...
The Australian economy shrank by -1.9% in the third quarter ending in September, in the third quarterly contraction in history, after a growth of about 0.7% in the second quarter, to come in better than expectations that indicated a decline of about -2.7%, which affected the decline in the annual growth rate to 3.9 % of 9.6% compared to September...
In his testimony before the House Banking Committee, US Federal Reserve Chairman Jerome Powell admitted for the first time that inflation without the phrase is temporary, which he has always repeated when asked about inflation, acknowledging that inflation continues to rise more and more. In his testimony, Powell indicated that it is appropriate to talk about accelerating the process of...
Canada's gross domestic product rose 0.1% in September, according to data released moments before by Statistics Canada, after growing by about 0.4% in October to come in better than expected as the rise in the service-producing industries, mining and oil offset declines in the manufacturing, construction and retail sectors. And 12 sectors out of 20 industrial sectors rose in September,...
Estimates by Eurostat or the Statistical Office of the European Union just before showed that annual inflation in the euro area rose to 4.9% in November in the preliminary reading, compared to 4.1% in the October reading, exceeding expectations that indicated a growth of about 4.5%. The largest contribution to inflation in November came from the energy sector, which rose...
Markets returned to the decline with the opening of the European markets for the session today, Tuesday, 30th of November, the last session of the month of November, where the Dow Jones index in the futures loses about 400 points before the opening, to lead the market declines, while currencies and assets of safe havens rise after the statements of...
US President Joe Biden’s statements during the opening session of the week yesterday, Monday, supported the US stock markets, which recorded gains at the close, which compensated for a large part of the strong losses recorded at the end of last week, which was caused by the emergence of the new mutant Omicron, to record the Nasdaq Composite Index, which...
Crude prices record highs in the middle of the trading session today, Monday, the opening session of the week, and before the opening of the American markets, where crude rises by more than 4%, compensating for a large part of the loss on Friday, the last sessions of the last week, which exceeded 10% at closing in the largest daily...