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...
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...
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...
Retail 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...
The 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...
Germany'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...
Crude 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...
The 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...
The 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...
The 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...