31/01/2025
7 June، 2023
In an unexpected move, the Bank of Canada, in its meeting moments ago, raised the interest rate by 25 basis points to 4.75% from 4.50%. And according to the bank’s interest report, the consumer price index, or inflation, came at 4.4% in April, which is the first increase in ten months with the rise in a wide range of goods...
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7 June، 2023
The Australian economy recorded a growth in GDP growth, according to the Australian Bureau of Statistics, abs, by about 0.2% in the first quarter of this year 2023 ending in March, compared to a growth in the fourth quarter of last year, by about 0.6% in the revised reading, while expectations indicated a growth of about 0.3 %, on an...
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6 June، 2023
The Reserve Bank of Australia raised interest rates by 25 basis points to reach 4.1%, contrary to expectations that they would stabilize at 3.85% at the bank meeting that took place this morning, Tuesday, June 6, after raising them also by 25 basis points at the last meeting, to reach their highest levels since the beginning of the year. 2012....
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5 June، 2023
The dollar is falling weekly after gains for three sessions The Reserve Bank of Australia and the Central Bank of Canada on top of the week's events Separate economic data After inflation figures from Australia and the eurozone, in addition to figures from the US labor market, topped the events of last week, the financial markets will return in a...
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2 June، 2023
The report issued by the United States Bureau of Labor Statistics, moments ago, showed that 339,000 jobs were added in May, compared to the addition of 294,000 jobs in the revised April reading, to come better than market expectations, which indicated the creation of 190,000 jobs. On the other hand, the unemployment rate rose to 3.7% from 3.4%, higher than...
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1 June، 2023
The US private sector added about 278,000 jobs in May, according to figures issued moments ago by the ADP, after adding about 291,000 jobs in April, while expectations were for the addition of 173,000 jobs, while the annual wage rate rose by 6.5% from 6.7%. In the details, the commodity production sector added about 110,000 jobs, as the construction sector...
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1 June، 2023
Estimates by Eurostat, or the European Union's statistical office, showed moments ago that annual inflation in the eurozone slowed down to 6.1% in May in a preliminary reading, compared to 7% in April's reading, which came below expectations that it would rise to 6.3%. In the details, prices in the energy sector fell at an annual pace of 1.7% in...
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31 May، 2023
Canada's GDP remained unchanged in March at 0.05% after increasing by 0.1% in February, according to data released moments ago by Statistics Canada, better than expectations for a contraction of 0.1%. In the details, the growth in the service-producing industries sector was unchanged at 0.0%, while the commodity-producing industries decreased by 0.1%, and the growth in the accommodation and food...
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31 May، 2023
Figures issued in the Asian session today, Wednesday, from the Australian Institute of Statistics (ABS) showed that the consumer price index, which measures inflation in Australia, rose by 6.8% on an annual basis in April, compared to 6.3% in March, to come higher than expectations that indicated a rise to 6.4%. On the other hand, the index excluded from it...
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29 May، 2023
The US dollar gained for the third week in a row Markets are awaiting US labor market numbers Higher expectations of monetary policy tightening from the Federal Reserve Is the US debt ceiling crisis over? Separate economic data After the meeting of the Reserve Bank of New Zealand, inflation figures from the United Kingdom, the US Federal Reserve report, and...
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