The markets are awaiting the mid-dealings of the European session today, Thursday, May 11, the results of the Central Bank of England meeting and its monetary policy, as expectations indicate that the bank will raise interest rates by 25 basis points, to reach 4.50% for the twelfth time in a row, by a vote of seven members, to reach their...
View MoreData released moments ago by the Bureau of Labor Statistics in the United States of America showed that the Consumer Price Index (CPI), which measures inflation, rose by 0.4% in April after rising by 0.1% in March, matching expectations, while the core index, excluding food and energy prices, came at 0.4% with the same reading. March . On the other...
View MoreThe report issued by the United States Bureau of Labor Statistics, moments ago, showed that 253 thousand jobs were added in April, compared to the addition of 165 thousand jobs in the revised March reading, to come better than market expectations that indicated the creation of jobs estimated at 181 thousand jobs. On the other hand, the unemployment rate declined...
View MoreThe European Central Bank decided in its meeting today, Thursday, May 4, to raise interest rates by 25 basis points, as expected, to reach 3.75%. The interest statement issued by the bank stated that inflation expectations are still very high, but the information received each year supports the assessment of inflation expectations in the medium term that the bank formed...
View MoreThe US Federal Reserve decided in its meeting on Wednesday to raise interest rates by 25 basis points, as expected, to reach 5.25%, the highest level since 2007. The bank's interest statement stated that inflation is still high, jobs have been strong in recent months, unemployment rates have remained low, and the Fed is seeking to achieve maximum employment and...
View MoreThe American private sector added about 296,000 jobs in April, according to figures issued moments ago by the ADP, after adding about 145,000 jobs in March, while expectations were for the addition of 148,000 jobs, while the annual wage rate increased by 6.7% from 6.9%. In the details, the commodity production sector added about 67,000 jobs, as the construction sector...
View MoreThe markets are awaiting later today, Wednesday, May 3rd, the US Federal Reserve meeting to announce monetary policy and interest rates, after the FONC Open Market Committee began its meeting yesterday, Tuesday, as expectations indicate that the US Federal Reserve will raise interest rates by 25 basis points, to reach 5.25% at the highest level. levels since 2007. The latest...
View MoreEstimates by Eurostat, or the statistical office of the European Union, showed moments ago that annual inflation in the eurozone rose to 7% in April in the preliminary reading, compared to 6.9% in the March reading, matching expectations. In the details, prices in the energy sector rose at an annual rate of 2.5% in April after declining by 0.9% in...
View MoreThe Reserve Bank of Australia raised interest rates by 25 basis points to reach 3.85%, contrary to expectations that they would remain stable at 3.60% at the bank's meeting that was held this morning, Tuesday, May 2nd, after keeping them unchanged at the last meeting. And the interest statement issued by the bank stated that inflation in Australia is still...
View MoreThe US Federal Reserve tops the most important events this week Markets await the meeting of the European Central Bank and the Australian Reserve Keep an eye out for US employment numbers from New Zealand and Canada Separate economic data With the entry of the month of May, attention turns during the sessions of the current week towards many economic...
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