The Bank of Japan, in its meeting this morning, Friday, July 16, decided by a majority of eight members to zero, with one abstention, to extend the financing program period for a new six months until the end of March 2022, and the Bank decided by a majority of 7-1 with one abstention to maintain the current negative interest rates....
View MoreQuarterly inflation in New Zealand recorded a growth in the second quarter of this year ending last June, according to Statistics New Zealand, by 1.3% compared to the same period last year, and compared to 0.8% in the first quarter, exceeding expectations that indicated a decline to 0.7%. In details, the largest contribution to the increase in the New Zealand...
View MoreCrude prices are recording declines for the second consecutive session in the middle of the trading session today, Thursday, July 15 (July), with the rise in concerns about global demand for oil and the rise in speculation about the future of the OPEC + deal. International news had reported yesterday evening that Saudi Arabia and the UAE had reached a...
View MoreThe gross domestic product (GDP) in China, the second largest economy in the world, recorded a growth of about 7.9% in the second quarter of this year, according to data released this morning, Thursday, July 15th from the National Bureau of Statistics, compared to a growth of about 18.3% in the first quarter and less than the expectations of the...
View MoreData released this morning, Thursday, July 15 (July) in the Asian session from the Australian Bureau of Labor Statistics, showed that the unemployment rate fell to 4.9% in June, compared to 5.1% in May, to come better than the market expectations that indicated its stability at May rates, while the economy added About 29.1 thousand jobs in June, compared to...
View MoreThe Central Bank of Canada decided at the bank’s meeting today, Wednesday, July 14, to keep the current interest rates at 0.25% unchanged, as expected, while the bank decided to reduce its purchases of bonds from 3 billion Canadian dollars per week to 2 billion Canadian dollars, in a clear indication from the bank that the economy Al-Kindi is going...
View MoreUS stock indices recorded declines at the close of the trading session on Tuesday, July 13 (July 13), as the S&P 500 and Nasdaq lost gains at the beginning of the session, and recorded new records, to acquire the red color at the close, amid market anticipation for the testimony of US Federal Reserve Chairman Jerome Powell today, Wednesday. Inflation...
View MoreThe Reserve Bank of New Zealand, in its meeting on the morning of Wednesday, July 14, kept the current interest rates unchanged at 0.25%, as expected, and announced the suspension of the additional LSAP asset purchase program of NZ$100 billion ($70 billion) by the 23rd. July 2021. The report issued by the bank showed that the New Zealand economy is...
View MoreData issued by the Bureau of Labor Statistics in the United States of America showed an increase in the consumer price index, which measures inflation by 0.9% in June, after rising by about 0.6% in May, exceeding expectations that indicated it would rise to 0.5%, recording the largest pace of increase since June 2008, while the index rose By about...
View MoreThe major indices of the US markets recorded record highs when they closed in the opening session of the week yesterday, Monday, July 12 (July 12), as the Dow Jones Industrial Average tested the 35,000 levels before returning and closing close to them, as the markets await the start of companies, financial institutions and banks announcing their results for the...
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