The Canadian economy contracted in April of this year by about 0.3%, after an increase for 11 consecutive months, to be the first monthly contraction in 12 months, according to data issued by Statistics Canada, after rising by about 1.1% in March, but the growth came better than the expectations of the markets, which indicated that it was recorded a...
View MoreData from the United States of America showed that the American economy added 692 thousand jobs in the private sector, according to the release of the ADP in June, compared to 978 thousand jobs in May, exceeding expectations that indicated that about 555,000 jobs were added in June. The data confirms that the American economy continues to recover strongly as...
View MoreUS stocks recorded green gains at the beginning of trading today, Tuesday, June 29, for the second session in a row, to ignore market concerns about the outbreak of the new strain of the Corona virus (Delta) in some European countries, as the Dow Jones Industrial Average rose by about 0.36%, trading at 34.407 levels. While the S&P 500 index...
View MoreThe US dollar index, which measures the performance of the dollar against a basket of currencies (Dollar Index), rises by more than 0.30%, and is trading at 92.14 levels, with the beginning of the US session's trading on Tuesday, June 29, in a rise for the second consecutive session, supported by the improvement in the US consumer confidence index and...
View MoreCrude prices are recording some rises in the middle of today’s session, Tuesday, June 29, trimming the gains that were recorded at the beginning of trading on Monday, as Brent crude is trading at levels of $74.87 a barrel, up by about 0.25%, after testing levels of $76 a barrel during the opening session of the week. Yesterday, Monday, the...
View MoreThe data released this morning, Monday, June 28, according to the report of the German Federal Statistics Office, Destatis, showed an increase in the German import price index by 11.8% in May on an annual basis, recording the largest pace of increase since October 1981, while the monthly index rose by 1.7% Compared to 1.4%, better than expectations, which indicated...
View MoreMetals are recording gains with the beginning of the European trading session for the last sessions of the week today, Friday 25th of June, and are heading to record weekly gains, supported by the declines of the US dollar since the beginning of the week, amid anticipation in the markets for spending and personal income data in the American session...
View MoreUS stocks posted sharp gains at the close of trading yesterday, Thursday, June 24, as the S&P 500 and Nasdaq indexes closed at new records after US President Joe Biden announced that an agreement had been reached with a bipartisan group of lawmakers on the structure plan. Infrastructure. After months of negotiations, the Republican and Democratic parties reached a huge...
View MoreThe Bank of England kept its monetary policy unchanged at the Bank's meeting today, Thursday, 24th of June, as the members of the Bank voted unanimously to keep the current interest rates 0.1%. The unanimous vote was to maintain the stock of non-financial investment-grade corporate bond purchases at £20 billion, while the vote was 8-1 to continue the bank's existing...
View MoreCrude prices continue to record highs during today’s trading session, Thursday, June 24, and are trading at their highest levels in nearly a year, as Brent crude is trading at the highest levels of $75 a barrel, benefiting from the decline in US crude stocks, ignoring expectations that OPEC+ will A decision to increase production levels starting from August at...
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