19/03/2025
18 March، 2025
The yellow metal is trading above $3,000 per ounce in mid-European trading today, Tuesday, March 18, after recording its highest daily close ever yesterday, Monday, at $3,000 per ounce. Gold is benefiting from increased market uncertainty and increased demand for safe havens, amidst the renewed conflict in the Middle East and ongoing concerns over US tariffs and their impact on...
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18 March، 2025
The German ZEW Business Sentiment Index rose by around 25 points in the March survey to 51.6, its highest level since January 2023, bettering expectations of 48.1. The index rose in March despite a stable assessment of the current economic situation, while the expectations index rose by 0.9 points to minus 87.6. The improvement in the eurozone's economic expectations index...
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17 March، 2025
Data released just moments ago from the US Census Bureau showed a rise in US retail sales, falling short of market expectations. Sales rose to $722.7 billion, a 0.2% increase from November's revised 0.8% decline from 1.2% (expected 0.6%), and were up 3.1% year-over-year. Core sales, excluding auto prices, grew 0.3% in December, compared to a revised 0.6% decline in...
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14 March، 2025
Preliminary estimates from the UK Office for National Statistics showed that UK GDP fell by 0.1% month-on-month in January, compared to a 0.4% growth in December. This was below expectations of a 0.1% growth, primarily impacted by a decline in the manufacturing sector. This reading is expected to see the UK economy grow by 0.2% in the three months to...
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13 March، 2025
. Yellow metal is trading higher for the third consecutive session in mid-European trading today, Thursday, March 13, supported by declines in the US dollar after lower-than-expected inflation on Wednesday, and indirect inflation figures, including the Producer Price Index (PPI), released just moments ago, in addition to the implementation of tariffs on steel and aluminum imports on Wednesday. Data released...
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12 March، 2025
Data released just moments ago by the US Bureau of Labor Statistics showed that the Consumer Price Index (CPI), a measure of inflation, rose 0.2% in February after rising by approximately 0.5% in January, missing expectations of a 0.3% decline. The core CPI, which excludes food and energy prices, fell to 0.2% from 0.4% in January (expected 0.3%). Conversely, the...
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11 March، 2025
The three main US stock indices recorded sharp declines in the opening session of the week yesterday, Monday, March 10, with rising fears of a US economic recession, with the Nasdaq index specializing in the technology sector leading the losses by losing more than 4% at the close, affected by declines in technology company stocks. US stocks were affected by...
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10 March، 2025
China's annual consumer price index, a measure of inflation, fell below zero for the first time in more than a year to -0.7% in February, data from the National Bureau of Statistics showed earlier this week, compared with a 0.5% increase in January, missing expectations for a 0.4% decline. The core index, which excludes volatile food and energy prices, fell...
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7 March، 2025
The report issued by the US Bureau of Labor Statistics a few moments ago showed that 151,000 jobs were added in February compared to 125,000 jobs added in January's revised reading, falling short of market expectations of 160,000 jobs added. On the other hand, unemployment rates rose by about 0.1% to 4.1%, while expectations indicated that they would stabilize at...
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6 March، 2025
The European Central Bank decided in its meeting moments ago today, Thursday, March 6, to cut interest rates by 25 basis points as expected to reach 2.65%, while announcing that the process of reducing inflation is on the right track. The bank's interest statement stated that inflation continued to develop broadly as expected, and the latest forecasts are closely consistent...
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