01/11/2024
6 February، 2023
Crude prices recorded increases in the opening session of the week today, Monday, February 6, after declines that exceeded 8% last week, as US crude (NYMEX) is trading at $73.59 per barrel, up by 0.24%, while Brent crude is trading at an increase of 0.44%, at levels $80.29 a barrel, after optimistic statements about the recovery of demand for crude....
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6 February، 2023
Strong movements for the US dollar after the US labor market numbers Australian Reserve the most important events of the week Stay tuned for the statements of US Federal Reserve members led by Jerome Powell The Japanese yen gained more than 100 points at the opening Separate economic data After the meeting of the three largest central banks in the...
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3 February، 2023
The report issued by the US Bureau of Labor Statistics moments ago showed that 517,000 jobs were added in January, compared to the addition of 223,000 jobs in the December reading, which came better than the market's expectations, which indicated the creation of jobs estimated at 193,000 jobs. On the other hand, the unemployment rate declined to 3.4% from 3.5%,...
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3 February، 2023
The American indices ended Thursday's trading session on a mixed note, as the Nasdaq and the A&P 500 rose, while the Dow Jones index declined, while the major technology companies, Amazon, Alphabet, and Apple, announced their results after the close. The announced gains of Mita Company, which achieved better-than-expected revenues and announced a new $40 billion buyback of shares and...
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2 February، 2023
The European Central Bank decided in its meeting today, Thursday, February 2, to raise interest rates by 50 basis points, as expected, to reach 3%. The interest statement issued by the Bank stated that the European Central Bank expects to raise interest rates more in light of the underlying inflationary pressures, as the Council intends to raise interest by another...
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2 February، 2023
The Central Bank of England decided to vote on raising interest rates by 50 basis points at its first meeting in the year 2023 moments ago, to reach 4%, as is expected to raise interest rates for the tenth time in a row, by a majority of 7 members to raise interest rates by 50 basis points, while two members...
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2 February، 2023
European Central Bank The European Central Bank will announce its monetary policy and interest rates in the European session today, Thursday, where it is estimated that interest rates will be raised by about 50 basis points, to reach 3%. Inflation rates in the eurozone decreased from their peak levels in October of last year at 10.6%, to record 10% and...
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2 February، 2023
In its first meeting in 2023, the US Federal Reserve decided to raise interest rates by 25 basis points, to reach 4.75%, as was expected in the market. The interest statement issued by the bank stated that inflation rates have declined to some extent, but are still high, and that the Fed is keen to return inflation levels towards the...
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1 February، 2023
The US private sector added about 106,000 jobs only in January, according to figures issued moments ago by the ADP, after adding about 253,000 jobs in December's revised reading, while expectations were for the addition of 176,000 jobs. In the details, the commodity production sector lost about 3,000 jobs, after the construction sector lost about 24,000 jobs, and the manufacturing...
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1 February، 2023
During the American session today, Wednesday, February 1, the markets are looking forward to the meeting of the largest central bank in the world, the US Federal Bank, which meets for the first time this year to discuss developments in monetary policy and interest levels, as expectations indicate that the Fed will raise interest rates by 25 basis points to...
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