The Reserve Bank of New Zealand announced that it raised the interest rate by a quarter point (25 basis points) to reach 0.50% at its meeting in the Asian session on Wednesday, October 6th, as expectations were and as we mentioned in our report on the link. Will the Reserve Bank of New Zealand raise interest rates? (Movement scenarios for...
View MoreIn the Asian session, tomorrow morning, Wednesday, markets are awaiting the Reserve Bank of New Zealand’s announcement of interest rates, as expectations indicate that the bank will raise interest rates by a quarter point (25 basis points) to 0.50% at its meeting tomorrow morning, after the decision was postponed in the last August meeting to coincide with the The government...
View MoreCryptocurrencies are recording gains with the beginning of the European session’s trading session today, Tuesday, October 5, to extend its gains since the end of last week, as Bitcoin, the most expensive digital currency in the world, rises by more than 18% in the last seven trading sessions and is close to recovering the levels of 50 thousand dollars for...
View MoreUS stocks recorded declines when they closed the opening session of the week yesterday, Monday, the fourth of October, as the declines of the Nasdaq Composite Index and specialized in the technology sector, which exceeded 2%, led the losses of US stocks, in addition to the high market expectations that the US market has entered the correction phase with the...
View MoreThe Reserve Bank of Australia decided, in its meeting this morning, Tuesday, the fifth of October, to keep monetary policy unchanged as expected and to keep the current interest rates at 0.10%, and the bank decided to continue buying government securities at a rate of 4 billion dollars per week until February of next year at least. The statement issued...
View MoreGold prices record declines in the middle of the trading session today, Monday, the fourth of October, the opening session of the week and before the opening of the American markets, where the yellow metal loses about 0.33%, or the equivalent of 5 dollars, and is trading at levels of 1754 dollars per ounce, trimming its losses that extended to...
View MoreCrude prices recorded stability in the opening session of the week today, Monday, the fourth of October, with the opening of the European markets, where American crude (NYMEX) is trading at a slight increase of 0.07% and is trading at levels of $75.93 a barrel, while Brent crude is trading at levels of $79.33 a barrel, an increase of about...
View MoreThe most important events of the last week Will the Reserve Bank of New Zealand raise interest rates? US labor market data key to lower bond purchases After a week described as relatively calm in terms of the economic agenda, the markets concluded the month of September and the third quarter of this year by the end of last week,...
View MoreDespite the general index of the US dollar declining by more than 0.20% since the beginning of the session and trading at 94 levels, with the opening of the US markets for the closing session of the week today, Friday, the US dollar is heading to record weekly gains for the fourth consecutive week by more than 0.75%. Data released...
View MoreCryptocurrencies record strong rises in the closing session of the week today, Friday, the first session of October, and before the opening of the American markets, where the bitcoin, the most expensive digital currency in the world, leads the rise of the rest of the currencies with gains of about 10.25% and trading at levels of 47,400 thousand dollars, heading...
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