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Fundamental analysis

Expectations that OPEC+ will start increasing production in August limit oil gains
Oil markets
image 22 June، 2021

After crude rises in the weekly session, and Brent crude traded at its highest levels since April of 2019 and tested levels of $75 a barrel, crude prices returned to decline in the middle of today’s session, Tuesday, June 22 (June 22), after informed sources in OPEC revealed that the Organization of Crude Producing Countries and its independent allies Led...

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Best daily performance of the Dow since March in the opening session of the week
Market Indicators
image 22 June، 2021

US stock indices recorded gains when they closed the opening session of the week yesterday, Monday, June 21, to compensate for their losses recorded last week, as the Dow Jones Industrial Average recorded its best daily performance since last March, rising by about 586 points at the close, after losses estimated at 3% last week. In the worst weekly performance...

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Cryptocurrencies fell at the beginning of the week and Bitcoin fell below the 33 thousand dollar levels
Digital currencies
image 21 June، 2021

Digital currencies continue to fall at the beginning of this week, as Bitcoin loses more than 5% in the middle of today’s trading session, Monday, June 21, to lose more than 15% in the last seven days, while Ethereum loses about 7% amid rising concerns about the continuation of China’s campaign for cryptocurrencies . Authorities in southwestern Sichuan Province, the...

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After weekly gains for the US dollar, which are the largest since March 2020, eyes are turning to the Bank of England and Jerome Powell’s testimony (weekly report)
Foreign currency
image 21 June، 2021

Global markets witnessed strong movements last week, which is considered one of the most important weeks in the third quarter of this year, after the US Federal Reserve announced its monetary policy and issued economic expectations in the coming period, as the Federal Reserve kept interest rates unchanged, as expectations were at current levels of 0.25%, and maintain The current...

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Bank of Japan announces monetary policy, inflation rises for the first time in more than a year
Foreign currency
image 18 June، 2021

The Bank of Japan decided in its meeting this morning Friday, June 18, with a majority of seven members, to keep the current negative interest rates at 0.1% and announced that the bank will buy additional quantities of Japanese government bonds without setting an upper limit so that the Japanese government bond yields will remain for ten years. at zero...

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The New Zealand economy recorded a growth of about 1.6 percent in the first quarter of this year
Foreign currency
image 17 June، 2021

The New Zealand economy recorded a growth in the first quarter of this year ending in March by 1.6 percent, according to data released today, Thursday, after it recorded a decline of about 1% in the fourth quarter of last year, exceeding expectations that it would record a growth of about 0.5 percent. This rise in New Zealand's GDP growth...

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Australia’s employment sector improves, unemployment rates decline
Foreign currency
image 17 June، 2021

Data released from Australia this morning, Thursday, June 17, showed an improvement in the Australian labor market in May, as the unemployment rate fell to 5.1% compared to 5.5%, while expectations indicated its stability, in addition to an increase in the labor participation rate to 66.2%. On the other hand, the Australian labor market added about 115.200 thousand jobs in...

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The US Federal Reserve pushes the dollar to record the largest daily rise this year
Foreign currency
image 17 June، 2021

The index that measures the performance of the US dollar against a basket of currencies (Dollar Index) recorded the largest daily rise during the current year 2021, with gains of about 0.90% during the trading session yesterday, Wednesday, June 17, which is the session that the markets have long awaited, as the US Federal Reserve announced its policy cash and...

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The British pound reacts to inflation data from the UK
Foreign currency
image 16 June، 2021

The consumer price index, which measures inflation in the United Kingdom, rose in May at a faster pace than expected, according to data from the Office for National Statistics issued this morning, Wednesday, June 16, as the annual index rose by 2.1% compared to 1.6% in April, exceeding expectations that indicated growth By 1.8%, the main index, excluding food and...

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Variation in the performance of US indices in the opening session of the week and futures on the rise
Market Indicators
image 15 June، 2021

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...

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