Cryptocurrencies are recording collective gains this morning, Thursday, September 23, bringing the combined market value of cryptocurrencies, according to Coingecko, by 5.4% to reach $2.08 trillion. to 831 billion dollars. The digital currencies were subjected to selling pressures since the beginning of the week, before returning to rise this morning, taking advantage of the statements of Jerome Powell, the US...
View MoreMoments ago, the Swiss National Bank announced its monetary policy, as the bank maintained its expansionary policy and kept the low interest rate at -0.75%, while emphasizing that it is ready to intervene in the foreign exchange market in order to face the upward pressure on the Swiss franc, as the bank still sees that The value of the franc...
View MoreThe markets finished evaluating the US Federal Reserve meeting after Jerome Powell’s press conference, which included answering many questions that were capable of being explained by the markets. November, although the Fed did not explicitly announce it, but he mentioned that the time has come and confirmed that the end of the procurement program by mid-2022 would be appropriate, which...
View MoreIn conjunction with the meeting of the Federal Open Market Committee FOMC, the participants in the meeting presented their expectations for the coming period for the US economy, as the GDP growth expectations for the US economy came down by about 5.9% this year, compared to 7% in the June forecast, while it is expected to rise to 3.8% in...
View Morethe US Federal Reserve decided, in its meeting held since Tuesday, which was announced moments ago, to keep interest rates unanimously unchanged at the current levels of 0.25% as expected, and the bank announced that it will continue its program to purchase assets from Treasury bonds with at least $ 80 billion per month and $40 billion per month. $1...
View MoreUS inventories are falling, and crude is paring its gains after rising gasoline stocks The report of the US Energy Information Administration issued a few moments ago showed that crude stocks in the United States of America decreased in the last week ending September 17 to 3.48 million barrels, compared to expectations that indicated a decline to 3.02 and compared...
View MoreTen hours separate us from the US Federal Reserve's announcement of the results of its meeting held since yesterday, Tuesday, where the interest rate, the Federal Reserve Committee's statement and the statement of economic expectations will be announced at nine o'clock Mecca time, followed by half an hour the press conference of Bank President Jerome Powell. The importance of today's...
View MoreThe Bank of Japan decided in its meeting that ended in the Asian session today, Wednesday, September 22 (September) to keep its monetary policy unchanged and to keep negative interest rates at -0.10% by a majority of 8-1, and the bank announced that it would buy any necessary amount of Japanese government bonds JGBs. Dot set an upper bound so...
View MoreEvergrande, the second largest real estate developer in China, issued a report at the end of last week that was less than pessimistic and suggests a looming financial crisis. Evergrande, which was founded in 1996 and is headquartered in the southern city of Shenzhen near Hong Kong, is the second largest real estate company in China and one of the...
View MoreCrude prices are recording rises with the opening of the European markets for today’s session, Tuesday, September 21st (September), to compensate for more than 80% of its losses recorded in the opening session of the week yesterday, Monday, which exceeded 2%, as Brent crude regains levels of 75 dollars per barrel and is trading at an increase of about 1.55%...
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