The markets are awaiting many important economic data during the current week, which began today, Monday, June 14 (June 14), led by a meeting of three central banks and the announcement of their monetary policy (the US Federal Reserve - the Bank of Japan - the Swiss National Bank) in addition to many separate economic data such as US retail...
The yellow metal failed to close above the psychological support levels of 1900 dollars per ounce for the second week in a row when it closed the weekly session yesterday, Friday, at levels of 1876 dollars per ounce, with a weekly loss estimated at about 0.89% or 14 dollars, after it tested the 1902 levels during the week. These declines...
The European Central Bank kept its monetary policy unchanged in today's meeting, as the bank kept interest rates at their current zero levels, as was the expectation that they will remain at their current levels until inflation rates rise. The bank announced in its statement issued today that the bank will continue its current PEPP purchase program with a total...
Data released by the United States Bureau of Labor Statistics today, Thursday, revealed that the consumer price index, which measures inflation in May, rose to 0.6%, better than market expectations, which indicated that it would rise to 0.4%, while the basic monthly index, excluding food and energy prices, rose to 0.7% in May. May. On the other hand, the annual...
Today, Thursday, June 10, global markets are awaiting the two most important events during the current week that will have a direct impact on market movements, as the European Central Bank will announce its monetary policy (interest rates - monetary policy statement) before the opening of the American markets, followed by 45 minutes of the press conference of the President...
The official report issued by the US Energy Information Administration issued yesterday, Wednesday, June 9, in the American session, showed that US crude oil stocks fell for the third week in a row by 5.2 million barrels in the last week ending on the fourth of June, to reach 474 million barrels, compared to Expectations indicated a rise to 4....
The Bank of Canada kept its monetary policy unchanged at its meeting yesterday, Wednesday, the ninth of June, and kept interest rates unchanged at the current levels of 0.25%, as was expected. The Bank also maintained the current quantitative easing program which is continuing at a pace of C$3 billion per week. The statement issued by the Bank indicated that...
Crude prices are recording rises this morning, Wednesday, the ninth of June, to trade at their highest levels in two years, supported by statements from the United States of America that US sanctions on Tehran will remain a large part of them even if a nuclear agreement is reached, which dispelled market fears about the return of Supplies from Iran...
Data released this morning, Wednesday, the ninth of June, from the National Statistics Office in China, showed that the consumer price index, which measures inflation, rose to 1.3% in May on an annual basis, compared to 0.9%, falling short of expectations that indicated a rise to 1.6%. The rise in inflation in the second largest economy in the world was...
The ZEW Economic Sentiment Index in Germany, in the June survey, decreased by 4.6 points to 79.8 points, less than the expectations that indicated a rise to 86 points. On the other hand, the assessment of the current economic situation in Germany has improved significantly, as the index rose by 31 points to reach -9.1 points compared to May, returning...