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Fundamental analysis

OPEC + adheres to the current pace of easing, and the US is testing its highest level since 2018
Oil markets
image 2 June، 2021

The meeting of the Organization of the Petroleum Exporting Countries and the independent allies led by Russia concluded their regular meeting yesterday, Tuesday, with the producers agreeing to stick to the current pace of gradual easing of supplies until next July, while the group did not agree on any new plan for the next phase starting from August, with the...

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Australia’s economy records better-than-expected growth in the first quarter of the year
Foreign currency
image 2 June، 2021

The gross domestic product in Australia rose to 1.8 percent in the first quarter of the year ending last March, to come in better than expectations that indicated a rise of about 1.5, while the reading of the fourth quarter of the year 2020 was revised up to 3.2 percent from 3.1 percent, which Reflects the direct results of the...

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Brent crude is at the highest levels of $ 70 coinciding with the gathering of the OPEC
Oil markets
image 1 June، 2021

Crude prices record highs with the beginning of the European trading period for today's session, Tuesday, the first of June (June), when American crude rose by more than 2 percent, while Brent crude trades at the highest levels of $ 70, amid anticipation in the markets for the meeting of the Organization of the Petroleum Producing Countries known as OPEC...

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The yellow metal is heading to record the best monthly performance in ten months
metals
image 31 May، 2021

The yellow metal continues to trade above the psychological barrier of $ 1900 this morning, Monday, May 31, the last session of the month of May, and is trading at levels of 1904 dollars an ounce, heading to record the best monthly performance since July of last year, with heights exceeding 7 percent. Gold's gains in May coincided with rising...

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The New Zealand dollar continues to rise after hints of a rate hike
Foreign currency
image 27 May، 2021

The New Zealand dollar continues to rise against most currencies for the fourth consecutive session, with the European markets opening session today, Thursday, May 27, as it rose against the US dollar by more than 90 points since the beginning of the week, trading at 0.7293 levels after testing 0.9313 levels during Wednesday's session higher The pair has settled since...

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US stocks rose at the opening session and Tesla was among the most active
Market Indicators
image 25 May، 2021

American stocks recorded gains when they closed the trading session yesterday, Monday, May 24, the opening session of the week, supported by a high state of optimism in the markets about the ability of the US economy to recover from the repercussions of the Corona virus at a faster rate than previous expectations and ignoring concerns about accelerating inflation rates....

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Gold is at its highest since January
metals
image 24 May، 2021

Gold continues to rise with the start of today's session, Monday, May 24, the opening session of the week, rising for the seventh session in a row, as the yellow metal trades at levels of 1882 dollars per ounce, the highest level for the metal since mid-January of this year, at an increase of about 0.10 per cent after gains...

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China continues its pressure on digital currencies and Bitcoin below 40,000 levels
Digital currencies
image 22 May، 2021

Cryptocurrencies continue to receive selling pressure, which began last week, in which it collectively lost nearly half a trillion dollars of market value mid-week, according to Reuters reports, as the market value of the world's highest digital currency, Bitcoin, fell below the levels of a trillion dollars to levels of 683.613.863.294 billion dollars This morning, Saturday the 22nd of May,...

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High inflation index in the United States of America
Foreign currency
image 13 April، 2021

The consumer price index, which is concerned with measuring inflation in the United States of America, recorded a rise in March by 0.6 per cent in the monthly reading, according to the US Census Bureau data released shortly before 0.4 per cent in February, which is better than market expectations that indicated a rise to 0.5 per cent. In the...

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Bitcoin stabilizes at the highest levels of 60 thousand dollars, and the market value of the cryptocurrency market exceeds the 2 trillion dollars
Digital currencies
image 12 April، 2021

Bitcoin stabilizes at the highest levels of $ 60,000 this morning, Monday, April 12th, trading at levels of $ 60.859,000, at a rise of about 1.75 per cent, while the market value of the most expensive cryptocurrency ever rises to reach $ 1.139.056 trillion, up for the fifth session on Straight. In a related development, the rise in the market...

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