Data issued by the US Department of Commerce a few moments ago showed a decline in durable goods orders in October by 0.5% after declining by 0.3% in September, to come below expectations that indicated a growth of about 0.2%, while core orders, excluding transportation prices, were stable. at 0.5% as production orders were affected by shipping bottlenecks. In the...
The general index of the US dollar extends its gains in the middle of trading today, Wednesday, before the Thanksgiving holiday tomorrow, Thursday, as the US dollar is trading at 96.65 levels, with daily gains estimated at 0.20%, as the markets await a heavy day in terms of economic data that will be issued from the US economy. The second...
As a direct reaction to the decision of the United States of America to release the strategic oil reserves, crude prices rose during yesterday’s trading by more than 2%, and the rises continue this morning, Wednesday, as the crude declines return in the past few days and weeks for precisely this reason in addition to the fact that the announcement...
As we expected in our report issued yesterday evening, the markets largely await the Reserve Bank of New Zealand in the Asian session (what are the expected scenarios) (fayezalajmi-4x.com) The Monetary Policy Committee of the Reserve Bank of New Zealand (RBNZ) decided to raise the official interest rates OCR by 0.25% to 0.75% In his meeting less than two hours...
In the Asian session, tomorrow morning, Wednesday, the 24th of November, the Reserve Bank of New Zealand (RBNZ) will announce its monetary policy and interest rates, as expectations indicate that the bank will raise interest rates for the second consecutive month by 25 basis points to reach 0.75%. The New Zealand Bank raised interest rates on the sixth of October...
The Eurozone economy rebounded in November, according to the Purchasing Managers' Index released by the PMI moments ago, as the index showed growth in the euro zone's manufacturing sector to its highest level in two months at 58.6 compared to October's revised reading to 57.8 (expectations 57.5), while the services index improved in November at 56.6 compared to B54.6, recording...
The yellow metal is trading stable this morning, Tuesday, November 23, with the opening of the European markets, trading at levels of 1803 dollars per ounce, after it incurred its largest daily loss since mid-September, yesterday, Monday, down by about 2.2%, or 45 dollars, at closing at 1806 dollars per ounce, affected by the dollar’s rise American during the opening...
Amid the absence of economic data during the opening session of the week yesterday, Monday, the markets interacted with the reappointment of the current US Federal Reserve Chairman Jerome Powell for another four years, as were expectations, to end a chapter in the financial markets side by side with a state of uncertainty and possible scenarios that would come with...
The US markets concluded the opening session of the week yesterday, Monday 22nd of November, in contrast, as the Dow Jones index managed to close in the green color, while the S&P 500 and Nasdaq indices deepened in the red color after they had gained until a few hours before closing in a session described as volatile. The Dow Jones...
US President Joe Biden kept the current US Federal Reserve Chairman Jerome Powell in his position, as expectations were largely for another four-year period, as Biden supported Powell's presidency and his term despite its difficulty and what happened to it such as the inflation crisis and the pandemic recession. And the US President announced the appointment of Lyle Brainard as...