Crude prices continue to record highs during today’s trading session, Thursday, June 24, and are trading at their highest levels in nearly a year, as Brent crude is trading at the highest levels of $75 a barrel, benefiting from the decline in US crude stocks, ignoring expectations that OPEC+ will A decision to increase production levels starting from August at...
The German Ifo Institute Business Climate survey, which is based on a survey of more than 9,000 companies in the manufacturing, services, trade and construction sectors, showed an improvement in June at the highest pace in more than two years, according to data released this morning, Thursday, June 24, registering 101.8 points, compared to 99.2 Point in May to come...
After crude rises in the weekly session, and Brent crude traded at its highest levels since April of 2019 and tested levels of $75 a barrel, crude prices returned to decline in the middle of today’s session, Tuesday, June 22 (June 22), after informed sources in OPEC revealed that the Organization of Crude Producing Countries and its independent allies Led...
US stock indices recorded gains when they closed the opening session of the week yesterday, Monday, June 21, to compensate for their losses recorded last week, as the Dow Jones Industrial Average recorded its best daily performance since last March, rising by about 586 points at the close, after losses estimated at 3% last week. In the worst weekly performance...
Digital currencies continue to fall at the beginning of this week, as Bitcoin loses more than 5% in the middle of today’s trading session, Monday, June 21, to lose more than 15% in the last seven days, while Ethereum loses about 7% amid rising concerns about the continuation of China’s campaign for cryptocurrencies . Authorities in southwestern Sichuan Province, the...
Global markets witnessed strong movements last week, which is considered one of the most important weeks in the third quarter of this year, after the US Federal Reserve announced its monetary policy and issued economic expectations in the coming period, as the Federal Reserve kept interest rates unchanged, as expectations were at current levels of 0.25%, and maintain The current...
The Bank of Japan decided in its meeting this morning Friday, June 18, with a majority of seven members, to keep the current negative interest rates at 0.1% and announced that the bank will buy additional quantities of Japanese government bonds without setting an upper limit so that the Japanese government bond yields will remain for ten years. at zero...
The New Zealand economy recorded a growth in the first quarter of this year ending in March by 1.6 percent, according to data released today, Thursday, after it recorded a decline of about 1% in the fourth quarter of last year, exceeding expectations that it would record a growth of about 0.5 percent. This rise in New Zealand's GDP growth...
Data released from Australia this morning, Thursday, June 17, showed an improvement in the Australian labor market in May, as the unemployment rate fell to 5.1% compared to 5.5%, while expectations indicated its stability, in addition to an increase in the labor participation rate to 66.2%. On the other hand, the Australian labor market added about 115.200 thousand jobs in...
The index that measures the performance of the US dollar against a basket of currencies (Dollar Index) recorded the largest daily rise during the current year 2021, with gains of about 0.90% during the trading session yesterday, Wednesday, June 17, which is the session that the markets have long awaited, as the US Federal Reserve announced its policy cash and...