Data released this morning, Wednesday, the ninth of June, from the National Statistics Office in China, showed that the consumer price index, which measures inflation, rose to 1.3% in May on an annual basis, compared to 0.9%, falling short of expectations that indicated a rise to 1.6%. The rise in inflation in the second largest economy in the world was...
View MoreThe ZEW Economic Sentiment Index in Germany, in the June survey, decreased by 4.6 points to 79.8 points, less than the expectations that indicated a rise to 86 points. On the other hand, the assessment of the current economic situation in Germany has improved significantly, as the index rose by 31 points to reach -9.1 points compared to May, returning...
View MoreCrude prices are recording declines this morning, Tuesday, the eighth of June, for the second session in a row, after they tested their highest levels in two years, affected by rising concerns about the return of Iranian supplies with the progress of talks with the United States of America, in addition to the decline in crude oil imports in China...
View MoreCryptocurrencies are recording declines of more than 8% in the last 24 hours, led by Bitcoin, which loses 8.70% this morning, Tuesday, coinciding with the beginning of the European session, while Ethereum loses about 9%, with rising pressure from China that limits mining and trading operations, in addition to market fears that the US Federal Reserve will resort to to...
View MoreThe markets are awaiting this week for many important economic data that will have an impact on the movements of the currency markets, as it is expected that the Central Bank of Canada and the European Central Bank will announce their monetary policy during the current week, in addition to many separate data such as US inflation data, which will...
View MoreThe US Department of Labor announced at the end of last week, the fourth of June, that the US economy added 559 thousand jobs in May, so that the April numbers were revised to 278 thousand jobs, as the numbers came less than the market expectations, which indicated that 645 thousand jobs were added. On the other hand, unemployment rates...
View MoreToday, Friday, June 4th, attention is directed towards the US and Canadian NFP labor market data, which will be released during the American session, as expectations indicate that about 645,000 jobs will be added in the non-agricultural sector in May in the United States of America, with a decline in unemployment rates to below 6 levels. % . Although signs...
View MoreThe services sector in the euro area and Britain recorded strong increases in May, according to data released by PMI this morning, as the German services sector returned to growth after the recession witnessed in April, supported by the easing of restrictions related to the Corona virus, to record a level that is the strongest in two years at 52.8...
View MoreThe digital currency Dogecoin, the sixth currency in terms of market value, continues to rise for the fifth consecutive session, as it is trading this morning, Thursday, the third of June, at levels of $ 0.43, an increase of about 10 percent during the last 24 hours, and a rise of more than 25 percent since the beginning of the...
View MoreThe 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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