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Fundamental analysis

The Bank of Japan keeps its monetary policy unchanged at its first Ueda meeting
Foreign currency
image 28 April، 2023

 The Bank of Japan decided in its meeting that ended this morning, Friday, April 18, to keep monetary policy unchanged, as expected, by keeping the current negative short-term interest rates at -0.10%, in addition to leaving the range for the yield of ten-year bonds to move plus or minus 0.5%. The bank is buying exchange-traded funds (ETFs) for 12 trillion...

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The US economy grew by 1.1% in the first quarter
Foreign currency
image 27 April، 2023

 The Gross Domestic Product of the United States of America grew in the first quarter of this year, which ended in March, in the initial reading, according to the report of the Bureau of Economic Analysis, issued just before, by 1.1%, compared to a growth of about 2.6% in the fourth quarter of last year, while expectations were for a...

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Inflation in Australia is slowing in the first quarter and supports the Australian Reserve’s halt in raising interest rates
Foreign currency
image 26 April، 2023

 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 7.0% on a quarterly basis in the first quarter ending in March, compared to 7.8% in the fourth quarter of last year, down from its highest level in 30 years. While the...

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UK inflation rose to 10.1%
Foreign currency
image 19 April، 2023

The consumer price index in Britain, which measures inflation, grew by 10.1% in the 12 months ending in March, compared to 10.4% in February, while expectations indicated a slowdown of 9.8%, while inflation decreased on a monthly basis by 0.8% in March, compared to a decrease of 1.1%. in February. The main index, excluding food and energy prices, settled at...

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The growth of the Chinese economy exceeded expectations and grew by 4.5% in the first quarter
Foreign currency
image 18 April، 2023

 China's gross domestic product, the second largest economy in the world, recorded a rebound in GDP growth of 4.5% in the first quarter of this year ending in March, according to data released this morning, Tuesday, April 18th, from the National Bureau of Statistics, compared to a growth of about 2.9% in the fourth quarter. Better than market expectations, which...

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The Bank of Canada keeps interest rates at 4.50% for the second month in a row
Foreign currency
image 12 April، 2023

 For the second month in a row, the Bank of Canada kept the central bank in its meeting moments before the interest rate unchanged at 4.50%, as expected. The bank's interest report stated that economic growth in Canada was stronger than expected in the first quarter with the recovery of exports and consumption. The bank expects the Canadian economy to...

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Annual inflation in the United States of America rises to 5% and the dollar is declining
Foreign currency
image 12 April، 2023

 Data 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 0.1% in March, after rising by 0.4% in February, to come in below expectations, while the main index, excluding food and energy prices, rose to 0.4%, compared to By 0.5% in February....

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Currency weekly report
Foreign currency
image 10 April، 2023

 US inflation numbers and the Federal Reserve report are the most important events of the current week Will the Bank of Canada be the first bank to cut interest? Separate economic data With the absence of most of the global financial markets today, Monday, on the occasion of the Easter holiday, attention is directed during the sessions of this week...

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The US economy added 236,000 jobs in March
Foreign currency
image 7 April، 2023

 The report issued by the United States Bureau of Labor Statistics moments ago showed that 236,000 jobs were added in March, compared to the addition of 311,000 jobs in February's reading, better than market expectations that indicated the creation of 228,000 jobs. On the other hand, unemployment rates declined to 3.5% from 3.6%, better than expectations, coinciding with the rise...

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Canada announces the addition of 35 thousand jobs in March
Foreign currency
image 6 April، 2023

 Statistics Canada announced that the Canadian economy added 35,000 jobs in March, an increase of 0.2%, compared to adding 21,000 jobs in February, while expectations were to add 10,000 jobs. On the other hand, the unemployment rate stabilized at 5.0%, while it was expected to rise to 5.1%, while the total working hours increased by 0.4%, and increased by 1.6%...

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