Data released this morning, Monday, July 5 from China showed that growth in the service sector in the second largest economy in the world slowed sharply in June to its lowest level in 14 months, according to Caixin PMI to 50.3 compared to 55.1 to come in less than Market expectations that it will decline to 54.8, recording the lowest...
The latest report issued by the International Monetary Fund showed an increase in the Fund’s expectations for the growth of the economy in the United States of America, the largest economy in the world this year, to 7%, which represents the fastest growth rate since 1984, compared to expectations in April, which indicated that the American economy would achieve a...
Crude prices are recording increases at the beginning of the European session trading today, Thursday, the first session of July, as Brent crude is trading at levels of $74.86 a barrel, an increase of about 0.32%, while the American crude (NYMEX) is up by 0.41%, trading at levels of $73.77 a barrel, supported by a decline US stocks, amid anticipation...
The US indices recorded mixed performance when they closed the last sessions of June and the second half of the year by closing the trading session yesterday, Wednesday 30th of June (June 30th), as the S&P 500 index recorded a new record closing level, while the Nasdaq fell at the closing of the session. By the end of the second...
The Canadian economy contracted in April of this year by about 0.3%, after an increase for 11 consecutive months, to be the first monthly contraction in 12 months, according to data issued by Statistics Canada, after rising by about 1.1% in March, but the growth came better than the expectations of the markets, which indicated that it was recorded a...
Data from the United States of America showed that the American economy added 692 thousand jobs in the private sector, according to the release of the ADP in June, compared to 978 thousand jobs in May, exceeding expectations that indicated that about 555,000 jobs were added in June. The data confirms that the American economy continues to recover strongly as...
US stocks recorded green gains at the beginning of trading today, Tuesday, June 29, for the second session in a row, to ignore market concerns about the outbreak of the new strain of the Corona virus (Delta) in some European countries, as the Dow Jones Industrial Average rose by about 0.36%, trading at 34.407 levels. While the S&P 500 index...
The US dollar index, which measures the performance of the dollar against a basket of currencies (Dollar Index), rises by more than 0.30%, and is trading at 92.14 levels, with the beginning of the US session's trading on Tuesday, June 29, in a rise for the second consecutive session, supported by the improvement in the US consumer confidence index and...
Crude prices are recording some rises in the middle of today’s session, Tuesday, June 29, trimming the gains that were recorded at the beginning of trading on Monday, as Brent crude is trading at levels of $74.87 a barrel, up by about 0.25%, after testing levels of $76 a barrel during the opening session of the week. Yesterday, Monday, the...
The data released this morning, Monday, June 28, according to the report of the German Federal Statistics Office, Destatis, showed an increase in the German import price index by 11.8% in May on an annual basis, recording the largest pace of increase since October 1981, while the monthly index rose by 1.7% Compared to 1.4%, better than expectations, which indicated...