The Federal Reserve kept its monetary policy unchanged at its meeting on Wednesday, July 28, and kept interest rates at the current levels of 0.25%, and the bank decided to maintain its purchases of Treasury bonds by $80 billion per month and its purchases of mortgage-backed securities by 40 billion dollars a month. The statement issued by the bank stressed...
The CPI, which measures inflation in Canada, rose by 0.3% in June, on a monthly basis, compared to 0.5% in May, according to the report issued by Statistics Canada, and less than expectations that it would rise by 0.4%. On the other hand, the index rose on an annual basis. In June, by 3.1%, compared to 3.6% in May, excluding...
The World Economic Outlook report issued by the International Monetary Fund (IMF) showed in its latest reports issued on Monday that the global economy is expected to grow by 6% this year and 4.9% next year 2022, unchanged compared to its expectations last April, while it revised its forecast for growth The US economy and emerging and developing economies to...
Crude prices are recording rises with the opening of the European markets for today’s session, Wednesday, the 28th of July (July), where Brent crude rises by about 0.48% and is trading at levels of 74.84 dollars a barrel, while the American crude (NYMEX) is trading at levels of 71.95 dollars a barrel, an increase of about 0.42%, amid anticipation In...
The Consumer Price Index (CPI), which measures inflation in Australia, recorded a growth of 0.8% in the second quarter of this year ending last June, according to data issued by the Australian Statistics Office this morning, Wednesday, July 28 (July), compared to 0.6% in the first quarter to come with the best From market expectations that indicated a rise to...
Data released by the Conference Board just before showed an improvement in the US consumer confidence index in the world's strongest economy in July for the sixth month in a row, as the index rose to 129.1 in July, compared to 128.9 in June, to come better than market expectations, which indicated a rise to 123.9, recording the highest A...
New orders for durable goods recorded growth in June, less than market expectations, according to the report of the US Census Bureau issued today, Tuesday, July 27 (July), as the data showed a decline in the Ponyo reading by 0.8% to reach $257.6 billion compared to the revised May reading to 3.2% and less Market expectations indicated an increase of...
US stock indices continued to record records when they closed the opening session of the week on Monday, July 26th, amid anticipation in the markets for the announcements of major technology companies in the world such as Microsoft, Facebook, Amazon and Alphabet and Apple about their financial results for the second quarter of this year. Tesla, which specializes in electric...
German business sentiment, according to the Ifo index, which measures the German business climate, according to data released this morning, fell to 100.8 points in July, compared to 101.7 in June. The index fell short of expectations that indicated a rise to 102.5. The index, which is based on a survey of nearly 9 thousand companies in manufacturing, services, trade...
The yellow metal is trading on highs with the beginning of the trading session of the European session today, Monday, July 26 (July), by about 0.32%, and trading at levels of 1807 dollars per ounce, benefiting from the decline of the US dollar by about 0.15%, amid anticipation in the markets for the US Federal Reserve meeting next Wednesday. Markets...