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Fundamental analysis

Hourly before US retail sales, the US dollar rises by more than 0.25%
Foreign currency
image 16 September، 2021

 The general index of the US dollar, which measures the performance of the dollar against a basket of currencies (Dollar Index), is trading at an increase of about 0.27%, trading at 92.71, its highest level in three sessions, while the other major currencies are recording strong declines amid anticipation in the markets for the US retail sales statement, which will...

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The Australian labor market lost more than 145,000 jobs in August
Foreign currency
image 16 September، 2021

The Australian labor market lost about 146.300 thousand jobs in August, according to data from the Australian Bureau of Statistics (ABS), bringing the number of jobs to 13,022.600 million jobs, after adding more than 3 thousand jobs in July, while expectations indicated a loss of about 78 thousand jobs. On the other hand, unemployment rates fell to 4.5% in August,...

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The New Zealand economy grew by 2.8% in the second quarter
Foreign currency
image 16 September، 2021

New Zealand's gross domestic product increased by 2.8% in the second quarter of this year ending in June, according to data released in the Asian session by Statistics New Zealand, compared to 1.6% in the first quarter before it was adjusted and revised to 1.4%, while expectations indicated a growth The New Zealand economy is about 1.1%. In details, all...

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Canada’s annual inflation records the fastest growth since March 2003
Foreign currency
image 15 September، 2021

The CPI in Canada, which measures inflation, rose to 4.1% on an annual basis in August, recording the fastest pace of growth since March 2003, compared to 3.7% in the July reading. The index, excluding gasoline, rose to 3.2%, the monthly index rose by 0.2% in August compared to 0.6% in the July reading. The largest contribution to the index’s...

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Gains of more than 1% for crude before the inventory data
Oil markets
image 15 September، 2021

Crude records highs before the opening of the American markets mid-session today, Wednesday, September 15th (September), as Brent crude rises by about 1.17%, trading at levels of 74.46 dollars a barrel, while the American crude (NYMEX) rises by about 1.38% and trades at levels of 71.43 dollars a barrel, amid anticipation in the markets For the US Energy Information Administration's...

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Despite the morning declines, the yellow metal regains the levels of 1800 dollars, benefiting from the declines of the US dollar
metals
image 15 September، 2021

The yellow metal regained the levels of 1800 dollars per ounce with the beginning of the American session yesterday, Tuesday, to settle there and close the American session, taking advantage of the sharp declines in the US dollar index at the same time, to test the levels of 1807 dollars per ounce before reducing its gains and is now trading...

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UK inflation is at an all-time high and the British pound is on the rise
Foreign currency
image 15 September، 2021

The CPI rose by 3.2% in the 12 months ending in August, compared to 2% in the July reading, exceeding expectations that indicated it would rise to 2.9%, recording the largest increase in the index in the series that started in January 1997, based on Monthly, the index rose by 0.7%. The main index, excluding food and energy prices, rose...

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Chinese data below expectations in August
Foreign currency
image 15 September، 2021

 Retail sales in China recorded a growth of about 2.5% in August, according to the data of the National Bureau of Statistics issued this morning, Wednesday, compared to 8.5% in July, to come below expectations that indicated a decline to 6.9%. The data disappointed the markets after the new Delta strain began to spread in the second The largest economy...

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Inflation in the United States eases in August
Foreign currency
image 14 September، 2021

 Data released moments before by the Bureau of Labor Statistics in the United States of America showed a decline in the Consumer Price Index (CPI), which measures urban inflation, by 0.3.% in August, after rising by about 0.5% in July, to come below expectations that indicated a decline to 0.4%, in On the other hand, the annual index rose by...

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Brent regains levels of $ 74 a barrel, and OPEC lowers its forecast for oil demand in the last quarter
Oil markets
image 14 September، 2021

Crude prices are recording rises with the beginning of the European session’s trading session today, Tuesday, September 14th, with Brent crude and US crude trading at their highest levels since the beginning of last August, with Brent crude rising by about 0.66% and trading at levels of $74 per barrel, its highest level since August 2 On the other hand,...

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