Data released moments ago by the US Bureau of Economic Analysis showed an increase in US personal income by $1.80 billion in April, or 0.4%. The PCE personal consumption expenditures index, the preferred indicator for measuring inflation for the US Federal Reserve, rose by 0.4% on a monthly basis. On the other hand, the main excluded index rose. of food...
View MoreRetail sales in the UK increased by 0.5% in April, compared to a decline of 1.2% in March, revised from 0.9%, while it was expected to rise by 0.3%. In the details, sales volumes in food stores increased by about 0.7% in April, after a decrease of 0.8% in March, while non-food stores increased by about 1%, after a decrease...
View MoreThe gross domestic product of the United States of America grew in the first quarter of this year, ending in March, in the second reading, according to the report of the Bureau of Economic Analysis, issued just before, by 1.3%, compared to 1.1% in the first reading, and compared to a growth of about 2.6% in the fourth quarter of...
View MoreGermany's gross domestic product, the largest economy in the eurozone, recorded a decline of 0.3% in the first quarter of this year, according to figures from the Federal Bureau of Statistics Destatis, to enter a stage of technical recession after a decline of 0.5% in the fourth quarter of last year. In the details, the household consumption expenditure index decreased...
View MoreCrude prices recorded increases of more than 1.5% in the middle of the trading session today, Wednesday, March 24th, with the opening of the US markets, benefiting from Saudi statements at the beginning of the session, amid anticipation of the official stock numbers later in the day, as Brent crude is trading at levels of $ 78.11 a barrel, an...
View MoreThe consumer price index in Britain, which measures inflation, grew by 8.7% in the 12 months ending in April, compared to 10.1% in March, while expectations indicated a slowdown of 8.2%, while inflation rose on a monthly basis by 1.2% in April, compared to a decrease of 0.8%. in March . The main index excluding food and energy prices rose...
View MoreThe Reserve Bank of New Zealand raised interest rates by 25 basis points to reach 5.5% from 5.25%, as expected at the bank's meeting that took place this morning, Wednesday, May 23, to keep interest levels at their highest levels in 14 years. The interest statement stated that inflation is still very high, but interest rates may have peaked at...
View MoreThe PMI's manufacturing PMI in the United States, released a moment ago, rose to a 13-month high of 55.1 in May compared to 53.6 in April, exceeding expectations that indicated an increase to 52.6. On the other hand, the services index fell to 48.5 from 50.2 in April, its lowest level in three months, while expectations were for an increase...
View MoreThe services PMI issued moments ago recorded its lowest level in two months in the preliminary reading for May at 55.9 points, compared to 56.2 in April, exceeding expectations that indicated an increase to 55.4, while the manufacturing index came below expectations at 44.6, retreating from April’s reading of 45.8, recording lower. level at 36 months. In the details of...
View MoreThe US dollar gained for the second week in a row Markets are awaiting the RBNZ meeting, inflation numbers from the UK and the Federal Reserve's minutes Does the consumer spending index solve the baffled markets? The drama of the debt ceiling and risk appetite Separate economic data After the growth figures from the United Kingdom, US and Canadian retail...
View More