Crude prices recorded declines in the middle of the opening session of March today, Wednesday, ignoring the recovery of the manufacturing sector in the largest importer of crude in the world, affected by fears of high US inventories, as Brent crude is trading at $82.77 per barrel, down by 0.81%, while US crude (NYMEX) is rising by about 0.99% and...
View MoreThe numbers issued in the Asian session today, Wednesday, from the Australian Statistical Institute, ABS, showed the increase in consumer price index on the measuring of inflation in Australia by 7.4% on annual basis in January, compared to 8.4% in December to come without expectations that indicated an increase to 8.1%, in contrast, the indexing index increased from it Prices...
View MoreCanada's gross domestic product fell by 0.1% in December, according to data released moments ago by Statistics Canada, after growing by 0.1% in November, below expectations (0.0%)., In details, the growth in the commodity-producing industries sector decreased by 0.6%, while wholesale trade contracted by 1.3%, and the growth in the transportation and storage sector decreased by 1.0%. The Canadian dollar...
View MoreAfter the worst performance of US indices in 2023 last week, US markets recorded gains when they closed the trading session of the opening session yesterday, Monday, February 27th, ignoring the rise in expectations of a stronger pace of monetary tightening from the US Federal Reserve after the recent inflation figures, as the Dow Jones index compensated for some of...
View MoreDurable goods orders, according to the US Census Bureau report issued moments ago, contracted in January, below market expectations, by 4.5%, or 13 billion, to reach $272.3 billion on a monthly basis, after a growth of about 5.6% in May, while expectations were for a decline of 3.7%. Core orders, excluding transportation, grew by 0.7% from a 0.2% decline in...
View MoreThe US dollar gained for the fourth consecutive week Markets are awaiting inflation figures from Australia and ISM manufacturing figures The Japanese yen exceeds 136 Separate economic data After the meeting of the Reserve Bank of New Zealand, US inflation figures and the Federal Reserve minutes of last week's events, financial markets return in a new week and new economic...
View MoreData released moments ago by the US Bureau of Economic Analysis showed an increase in US personal income by $131.1 billion in January, or 0.6%, while the PCE index, the favorite indicator for measuring inflation for the US Federal Reserve, stabilized at 0.6% on a monthly basis. On the other hand, the main index rose. Excluded from food and energy...
View MoreThe Japanese Consumer Price Index (CPI) recorded a growth of about 4.2% in January, according to figures announced by the Japanese government this morning, Friday, February 24 in the early hours, compared to 4% in December and less than expectations, which indicated a rise to 4.3%, to record the highest inflation reading since 1981. On the other hand, Ueda, the...
View More. The gross domestic product of the United States of America grew in the fourth and final quarter of last year, which ended in December, in the second reading, according to the Bureau of Economic Analysis report issued just before, by 2.7%, compared to a growth of about 3.2% in the third quarter, and a growth of 2.9% in the...
View MoreCrude prices recorded increases of about 0.50% in the middle of today’s trading session, Thursday, February 23rd, supported by rising expectations of global demand growth, amid anticipation in the market for the official inventory statement, as crude pared its losses after falling at its most daily rate in seven weeks yesterday, Wednesday, with rising expectations of monetary tightening. from the...
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