Data released by the Conference Board just before showed an improvement in the US consumer confidence index in the world's strongest economy in July for the sixth month in a row, as the index rose to 129.1 in July, compared to 128.9 in June, to come better than market expectations, which indicated a rise to 123.9, recording the highest A...
View MoreNew orders for durable goods recorded growth in June, less than market expectations, according to the report of the US Census Bureau issued today, Tuesday, July 27 (July), as the data showed a decline in the Ponyo reading by 0.8% to reach $257.6 billion compared to the revised May reading to 3.2% and less Market expectations indicated an increase of...
View MoreUS stock indices continued to record records when they closed the opening session of the week on Monday, July 26th, amid anticipation in the markets for the announcements of major technology companies in the world such as Microsoft, Facebook, Amazon and Alphabet and Apple about their financial results for the second quarter of this year. Tesla, which specializes in electric...
View MoreGerman business sentiment, according to the Ifo index, which measures the German business climate, according to data released this morning, fell to 100.8 points in July, compared to 101.7 in June. The index fell short of expectations that indicated a rise to 102.5. The index, which is based on a survey of nearly 9 thousand companies in manufacturing, services, trade...
View MoreThe yellow metal is trading on highs with the beginning of the trading session of the European session today, Monday, July 26 (July), by about 0.32%, and trading at levels of 1807 dollars per ounce, benefiting from the decline of the US dollar by about 0.15%, amid anticipation in the markets for the US Federal Reserve meeting next Wednesday. Markets...
View MoreCryptocurrencies are recording strong gains at the beginning of the trading week today, Monday, July 26, as most of them recorded increases of more than 10% during today’s trading, with the addition of about $114 billion in the combined market value of the cryptocurrency market, according to Coinmarketcap.com data. And Tesla CEO Elon Musk announced last week at the World...
View MoreRetail sales in Canada declined by 2.1% in May to $53.8 billion, according to data released Friday evening, July 23 (July 23), as the sector was affected by the closure due to the third wave of the Corona virus, as sales fell in eight of 11 sub-sectors representing about 65.6% of retail trade in Canada. Core sales, excluding petrol stations,...
View MoreThe Services Purchasing Managers' Index (PMI) issued by the PMI today, Friday, July 23, recorded its highest level in July in the preliminary reading since June 2006 to 60.4 points, compared to 58.3 in June, exceeding expectations that indicated a rise to 59.4, supported by the reopening of the eurozone economies, as it came The manufacturing index matched expectations at...
View MoreThe European Central Bank decided in its meeting on Thursday, July 22nd, to keep its monetary policy unchanged and to keep the interest rates on major refinancing operations at the current zero levels, at 0.25% on marginal lending and at -0.50% on deposit facilities. \The European Central Bank confirmed that it will maintain low interest rates until inflation reaches the...
View MoreThe data released this evening, Friday, July 16, from the US Department of Commerce, showed an increase in US retail sales better than the market expectations in June, as sales rose by about 0.6% in June, after declining by about 1.7% in the revised May reading, while expectations indicated that it would be recorded. A decline of about 0.4%, core...
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