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Fundamental analysis

The US Federal Reserve keeps its monetary policy unchanged and the dollar is falling
Foreign currency
image 29 July، 2021

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...

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Inflation in Canada is below market expectations
Foreign currency
image 28 July، 2021

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...

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IMF forecasts for the global economy
Foreign currency
image 28 July، 2021

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...

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Crude rises ahead of US inventories statement
Oil markets
image 28 July، 2021

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...

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Quarterly inflation reading on the rise in Australia and annual at its highest level since 2008
Foreign currency
image 28 July، 2021

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...

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US consumer confidence at its highest since February 2020
Foreign currency
image 27 July، 2021

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...

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US durable goods order growth slows in June, dollar slips
Foreign currency
image 27 July، 2021

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...

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Gains in the opening session of US stocks and anticipation of the results of major technology companies during the week
Market Indicators
image 27 July، 2021

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...

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German Ifo index missed expectations in July, euro slips
Foreign currency
image 26 July، 2021

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...

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The yellow metal settles above the $1800 levels, in anticipation of the US Federal Reserve meeting
metals
image 26 July، 2021

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...

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