The US market indices recorded a mixed performance when they closed the opening session of the week yesterday, Monday, as the Dow Jones Industrial Average closed with declines, while the Nasdaq and S&P 500 indices recorded gains during the session. The rises in technical stocks supported the rises of the Nasdaq index specialized in the technology sector, led by Apple...
View MoreThe yellow metal tested the psychological support levels and the 200-day average on the daily stationed at levels of $ 1842 an ounce during the opening session of the week yesterday, Monday, with a loss of more than 1% before rebounding by the end of the American session and closing at levels of $ 1865 and trading this morning, Tuesday,...
View MoreCryptocurrencies have recorded gains since the beginning of the week, taking advantage of the rises of the most expensive digital currency in the world (Bitcoin), which is trading above 40 thousand dollars for the first time in three weeks, after sharp declines that affected cryptocurrencies in the past few days. This support for cryptocurrencies and Bitcoin in particular came from...
View MoreThe markets are awaiting many important economic data during the current week, which began today, Monday, June 14 (June 14), led by a meeting of three central banks and the announcement of their monetary policy (the US Federal Reserve - the Bank of Japan - the Swiss National Bank) in addition to many separate economic data such as US retail...
View MoreThe yellow metal failed to close above the psychological support levels of 1900 dollars per ounce for the second week in a row when it closed the weekly session yesterday, Friday, at levels of 1876 dollars per ounce, with a weekly loss estimated at about 0.89% or 14 dollars, after it tested the 1902 levels during the week. These declines...
View MoreThe European Central Bank kept its monetary policy unchanged in today's meeting, as the bank kept interest rates at their current zero levels, as was the expectation that they will remain at their current levels until inflation rates rise. The bank announced in its statement issued today that the bank will continue its current PEPP purchase program with a total...
View MoreData released by the United States Bureau of Labor Statistics today, Thursday, revealed that the consumer price index, which measures inflation in May, rose to 0.6%, better than market expectations, which indicated that it would rise to 0.4%, while the basic monthly index, excluding food and energy prices, rose to 0.7% in May. May. On the other hand, the annual...
View MoreToday, Thursday, June 10, global markets are awaiting the two most important events during the current week that will have a direct impact on market movements, as the European Central Bank will announce its monetary policy (interest rates - monetary policy statement) before the opening of the American markets, followed by 45 minutes of the press conference of the President...
View MoreThe official report issued by the US Energy Information Administration issued yesterday, Wednesday, June 9, in the American session, showed that US crude oil stocks fell for the third week in a row by 5.2 million barrels in the last week ending on the fourth of June, to reach 474 million barrels, compared to Expectations indicated a rise to 4....
View MoreThe Bank of Canada kept its monetary policy unchanged at its meeting yesterday, Wednesday, the ninth of June, and kept interest rates unchanged at the current levels of 0.25%, as was expected. The Bank also maintained the current quantitative easing program which is continuing at a pace of C$3 billion per week. The statement issued by the Bank indicated that...
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