The Bank of Japan decided in its meeting that ended this morning, Friday, June 16, to keep monetary policy unchanged, as expected, by keeping the current negative short-term interest rates at -0.10%, in addition to leaving the range for the yield of ten-year bonds to move plus or minus 0.5%. The bank is buying exchange-traded funds (ETFs) for 12 trillion...
View MoreThe European Central Bank decided in its meeting moments ago today, Thursday, June 15, to raise interest rates by 25 basis points, as expected, to reach 4%. The interest statement issued by the bank stated that inflation expectations are still very high, despite their recent decline, and that the Board of Directors is determined to ensure that inflation returns towards...
View MoreThe Australian unemployment rate decreased in May to 3.6% from 3.7%, according to figures issued by the Australian Bureau of Statistics (ABS) at the beginning of the Asian session today, Thursday, while expectations indicated that it would stabilize at 3.7%, with the participation rate in the labor market rising to 66.9% from 66.7%. The Australian economy added about 75,900 jobs...
View MoreThe US Federal Reserve decided to maintain its monetary policy and keep interest rates unchanged, as expected, at 5.25% for the first time, in a unanimous decision taken by members after ten consecutive meetings of raising interest rates, the strongest rate of increase in three decades. And the interest statement issued by the bank stated that economic activity continued to...
View MoreThe attention of investors and markets focused late today on the meeting of the largest central bank in the world, the US Federal Bank, which began its meeting to discuss developments in monetary policy and interest levels yesterday, Tuesday, and its results will be announced today, as expectations indicate that the Federal Reserve will maintain its monetary policy and interest...
View MorePreliminary figures from the Office of National Statistics in the United Kingdom ONS, released moments ago, showed that the UK's GDP growth returned to positivity in April, recording a growth of 0.2%, compared to a decrease of 0.3% in March, matching expectations, while the economy recorded a growth of 0.1% In the three months to April. In terms of production, the...
View More. Data released moments ago by the Bureau of Labor Statistics in the United States of America showed that the Consumer Price Index (CPI), which measures inflation, rose by 0.1% in May, after rising by 0.4% in April, while expectations were for a rise of 0.2%, while the main index, excluding prices, came from it. Food and energy at 0.4%,...
View MoreThe general index of the US dollar records declines by about 0.33% in the middle of today’s session, Tuesday, June 13th, to trade at 102.87 levels, amid anticipation in the markets for the US inflation figures that will be issued today, as the US dollar is affected by the high market expectations of the continued slowdown in inflation in the...
View MoreThe US dollar is on a weekly decline Three central banks lead the events of this week Do you determine the US inflation figures as a result of the Federal Reserve meeting? S0eparate economic data After the meeting of the Reserve Bank of Australia and the Bank of Canada issued the events of last week, the financial markets return in...
View MoreStatistics Canada announced that the Canadian economy lost 17,000 jobs in May, compared to the addition of 41,000 jobs in April, while expectations were to add about 20,000 jobs. On the other hand, the unemployment rate rose to 5.2% from 5%, the first increase since August 2022, while expectations were for it to rise to 5.1%, while the total working...
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