10/05/2025
5 February، 2025
The US private sector added about 183K jobs in January, according to figures released a few moments ago by ADP, after adding about 176K jobs in April's revised reading from 122K, while expectations indicated an addition of 148K jobs. In detail, the goods production sector lost about 6K jobs, while the manufacturing sector lost about 13K jobs, while the services...
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4 February، 2025
The yellow metal is trading above $2,800 for the second consecutive session in the middle of the European session today, Tuesday, February 4, after recording the highest daily closing ever yesterday, Monday, at $2,813 per ounce, benefiting from the increase in uncertainty in the markets due to the tariffs announced by the US administration, in addition to the decline in...
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3 February، 2025
Crude prices recorded gains of more than 1.5% this morning, Monday, February 3, with the weekly opening after fears rose that the US administration would impose tariffs on the energy sector on Canada, Mexico and China, which raised market concerns about supplies. Brent crude rose by about 1.65%, trading at $76.92 per barrel, while US crude (Nymex) traded at $74.42...
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3 February، 2025
Eurostat, the statistical office of the European Union, estimates a few moments ago that annual inflation in the eurozone rose to 2.5% in January in the preliminary reading compared to 2.4% in the December reading, exceeding expectations that it would remain stable in the December reading. The largest contribution to inflation in November came from the energy sector, which rose...
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2 February، 2025
Digital currencies recorded collective declines this morning, Sunday, February 2, as the most expensive digital currency in the world (Bitcoin) lost the $100,000 levels, coinciding with the decline in the market value of Bitcoin to below $2 trillion, as the new US administration and US President Donald Trump imposed customs duties on the world's largest economic partners. As Trump threatened...
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31 January، 2025
r Data released moments ago from the US Bureau of Economic Analysis showed that US personal income rose by $92.0 billion in December, up 0.4% from 0.3% in November, while the US Federal Reserve’s preferred measure of inflation, the Personal Consumption Expenditures (PCE), rose by 0.7% to $133.6 billion from November’s revised reading of 0.6%. The closely watched index, which...
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30 January، 2025
The European Central Bank decided in its meeting moments ago today, Thursday, January 30, to cut the three main interest rates by 25 points (deposits 2.75%, refinancing operations 2.90%, and lending 3.15%) as expected, in the fifth cut by the European Central Bank in the last six meetings since June. The bank's interest statement stated that the process of reducing...
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29 January، 2025
The Bank of Canada cut interest rates by 25 basis points to 3% at its meeting moments ago, its sixth consecutive cut, and announced the end of the quantitative tightening program, the resumption of asset purchases in early March, and its plan to complete the normalization of its balance sheet. The bank's interest rate report stated that the expectations contained...
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29 January، 2025
The figures released this morning, Wednesday, January 29, in the Asian session from the Australian Institute of Statistics (ABS) showed that consumer price inflation rose by 2.5% in December on an annual basis compared to 2.3% in November, matching expectations, while it stabilized on a monthly basis at 0.2%, the same reading as February, while expectations indicated an increase to...
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28 January، 2025
New orders for durable goods fell $6.3 billion, or 2.2%, to $276.1 billion in December, according to a report from the U.S. Census Bureau released moments ago, missing market expectations for a 0.2% gain. Core orders excluding transportation rose 0.3% after falling 0.2% in November (expected 0.4%). New orders excluding defense rose 2.4%, while transportation equipment orders fell 7.4%.
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