A look at the most important events of the past week and this week: The markets witnessed many economic data during the sessions of the last week ending Friday, the tenth of September, led by the meetings of three central banks (the Reserve Bank of Australia - the Central Bank of Canada - the European Central Bank) in addition to...
Digital currencies recorded sharp declines last week, as Bitcoin led the currency declines, losing more than 10% and trading below the levels of $ 44,000, causing the cryptocurrency market to lose more than $ 200 billion in market value, according to Coingecko data, to reach $2.17 trillion at the beginning of today’s session, the 12th of Sunday. September (September) with...
The Canadian economy added 90,000 jobs in August, according to data from the Canadian Statistics Office compared to 94,000 items added to the Canadian economy in July to exceed expectations that added the economy for only 67,000 jobs in an increase in the third consecutive month. Unemployment rates have fallen to 7.1% in August compared to 7.5% in July, while...
Crude prices are recording strong rises before the opening of the American markets for today’s session, Friday, the tenth of September (September), the closing session of the week, as American crude (NYMEX) rises by about 1.79% and is trading at levels of $69.36 a barrel, while Brent crude is trading at levels of $72.74 a barrel, an increase of about...
During today’s session, Thursday, the markets are awaiting the monthly meeting of the European Central Bank to determine the bank’s monetary policy and update its economic expectations for the coming period. Lagarde. Economic data in the European region, after improving in May, June and July, returned to slowdown in August, as the services and industrial PMI and the Ifo index...
US indices recorded declines at the close of the trading session on Wednesday, bringing the Dow Jones Industrial Average down for the third consecutive session, affected by US Treasury Secretary Janet Yellen's statements regarding the US debt ceiling, in addition to the high market expectations that the US Federal Reserve will start reducing its purchases of bonds for the remainder...
The Bank of Canada kept its monetary policy unchanged at its meeting today, Wednesday, issued moments before as the bank kept interest rates at the current levels at 0.25%, as expected, in addition to maintaining the bank’s program of quantitative easing, which is maintained at its current pace of $ 2 billion in the week . The report issued by...
Despite its rise by about 0.12% in the middle of today’s trading session, the yellow metal is trading below the levels of 1800 dollars per ounce, which it lost during the trading session yesterday, Tuesday, after losing more than 1.5% during the session, affected by the rise in the US dollar and US bond yields during the session, coinciding with...
The US dollar returned to rise at the beginning of this week to continue rising for the third consecutive session with the beginning of the European session’s trading session today, Wednesday, September 8th (September), to record the index that measures the performance of the dollar against a basket of currencies (Dollar Index) gains by about 0.18% and by more than...
Cryptocurrencies continue to record declines for the second consecutive session with the beginning of today’s trading session, Wednesday, the eighth of September (September), to give up the gains recorded at the beginning of the week, and after Bitcoin, the most expensive digital currency in the world, tested the levels of 52 thousand dollars, to begin to decline with the middle...