05/04/2025
27 July، 2023
The US Federal Reserve decided to raise interest rates, as expected, by 25 basis points, to reach 5.50%, in a unanimous decision taken by the members, after the temporary suspension of the raising process at the previous bank meeting in June, bringing interest rates to their highest level in 22 years. The interest statement issued by the bank stated that...
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26 July، 2023
Less than six hours later, the markets are awaiting the results of the US Federal Reserve meeting, which began yesterday, Tuesday, to discuss developments in monetary policy and interest levels, as expectations indicate that the Fed will resume the process of raising interest rates by 25 basis points, to reach 5.50%, at their highest levels in 22 years. After ten...
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26 July، 2023
Figures issued in the Asian session this morning, Wednesday, July 26, from the Australian Institute of Statistics (ABS), showed that the consumer price index, which measures inflation in Australia, rose by 5.4% on an annual basis in June, compared to 5.6% in May, revised to 5.5%, to come in line with expectations, while the monthly index rose. By 0.8% and...
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25 July، 2023
The Ifo index measuring confidence in Germany fell to 87.3 in July, compared to 88.6 in June, while it had been expected to rise to 88.0. I n details, the current situation index declined to 91.3 compared to 93.7 in June, while the expectations index fell to 83.5 from 83.8. The euro is trading at 1.1060 levels against the US...
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24 July، 2023
Three central banks lead the events of the current week Keep an eye out for inflation figures from Australia, Japan and the PCE Separate economic data After growth figures from China, US and British retail sales, inflation from New Zealand, the United Kingdom and Canada, and Australian labor market numbers, in addition to some separate numbers, topped the events of...
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21 July، 2023
Retail sales in the UK increased by 0.7% in June compared to a rise of 0.1% in May, revised from 0.3%, while expectations were for a rise of 0.2%. In details, sales volumes in food stores increased by about 0.7% in June after a decrease of 0.4% in May, while sales of non-food stores increased by about 1% after a...
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20 July، 2023
The Australian unemployment rate fell in June to 3.5%, according to figures issued by the Australian Bureau of Statistics (ABS) at the beginning of the Asian session today, Thursday, while expectations indicated that it would rise to 3.6%, with the participation rate in the labor market declining to 66.8% from 66.9%. The Australian economy added about 32,600 jobs in June,...
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19 July، 2023
The consumer price index in the United Kingdom, which measures inflation, grew by 7.9% in the 12 months ending in June, compared to 8.7% in May, according to figures issued by the UK Statistics Office ONS a moment ago, while expectations were for a slowdown of 8.2%, while it rose Inflation on a monthly basis was 0.1% in June. The...
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19 July، 2023
inflation in New Zealand recorded growth in the second quarter of this year, which ended last June, according to Statistics New Zealand data released this morning, by 1.1% on a quarterly basis, compared to 1.2% in the first quarter, while the index rose by 6% on an annual basis, compared to 6. 7% in the first quarter. In the details,...
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18 July، 2023
Data released moments ago by the US Census Bureau showed a rise in US retail sales, below market expectations, as sales rose by 0.2% in June to reach $689.5 billion, compared to a growth of about 0.3% in the May reading, before being revised to 0.5%, as expected. It indicates an increase of about 0.5%. Underlying sales, excluding cars and...
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