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Fundamental analysis

US and Canadian labor market data below expectations
Foreign currency
image 7 June، 2021

The US Department of Labor announced at the end of last week, the fourth of June, that the US economy added 559 thousand jobs in May, so that the April numbers were revised to 278 thousand jobs, as the numbers came less than the market expectations, which indicated that 645 thousand jobs were added. On the other hand, unemployment rates...

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Markets await US and Canadian labor market data
Foreign currency
image 4 June، 2021

Today, Friday, June 4th, attention is directed towards the US and Canadian NFP labor market data, which will be released during the American session, as expectations indicate that about 645,000 jobs will be added in the non-agricultural sector in May in the United States of America, with a decline in unemployment rates to below 6 levels. % . Although signs...

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The service sector in the euro area and the United Kingdom recovered in May
Foreign currency
image 3 June، 2021

The services sector in the euro area and Britain recorded strong increases in May, according to data released by PMI this morning, as the German services sector returned to growth after the recession witnessed in April, supported by the easing of restrictions related to the Corona virus, to record a level that is the strongest in two years at 52.8...

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Dogecoin continues to rise with the support of Coinbase
Digital currencies
image 3 June، 2021

The digital currency Dogecoin, the sixth currency in terms of market value, continues to rise for the fifth consecutive session, as it is trading this morning, Thursday, the third of June, at levels of $ 0.43, an increase of about 10 percent during the last 24 hours, and a rise of more than 25 percent since the beginning of the...

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OPEC + adheres to the current pace of easing, and the US is testing its highest level since 2018
Oil markets
image 2 June، 2021

The meeting of the Organization of the Petroleum Exporting Countries and the independent allies led by Russia concluded their regular meeting yesterday, Tuesday, with the producers agreeing to stick to the current pace of gradual easing of supplies until next July, while the group did not agree on any new plan for the next phase starting from August, with the...

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Australia’s economy records better-than-expected growth in the first quarter of the year
Foreign currency
image 2 June، 2021

The gross domestic product in Australia rose to 1.8 percent in the first quarter of the year ending last March, to come in better than expectations that indicated a rise of about 1.5, while the reading of the fourth quarter of the year 2020 was revised up to 3.2 percent from 3.1 percent, which Reflects the direct results of the...

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Brent crude is at the highest levels of $ 70 coinciding with the gathering of the OPEC
Oil markets
image 1 June، 2021

Crude prices record highs with the beginning of the European trading period for today's session, Tuesday, the first of June (June), when American crude rose by more than 2 percent, while Brent crude trades at the highest levels of $ 70, amid anticipation in the markets for the meeting of the Organization of the Petroleum Producing Countries known as OPEC...

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The yellow metal is heading to record the best monthly performance in ten months
metals
image 31 May، 2021

The yellow metal continues to trade above the psychological barrier of $ 1900 this morning, Monday, May 31, the last session of the month of May, and is trading at levels of 1904 dollars an ounce, heading to record the best monthly performance since July of last year, with heights exceeding 7 percent. Gold's gains in May coincided with rising...

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The New Zealand dollar continues to rise after hints of a rate hike
Foreign currency
image 27 May، 2021

The New Zealand dollar continues to rise against most currencies for the fourth consecutive session, with the European markets opening session today, Thursday, May 27, as it rose against the US dollar by more than 90 points since the beginning of the week, trading at 0.7293 levels after testing 0.9313 levels during Wednesday's session higher The pair has settled since...

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US stocks rose at the opening session and Tesla was among the most active
Market Indicators
image 25 May، 2021

American stocks recorded gains when they closed the trading session yesterday, Monday, May 24, the opening session of the week, supported by a high state of optimism in the markets about the ability of the US economy to recover from the repercussions of the Corona virus at a faster rate than previous expectations and ignoring concerns about accelerating inflation rates....

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