05/03/2025
17 March، 2023
The US indices recorded collective gains when they closed the trading session yesterday, Thursday the 17th of March, driven by the rise in risk appetite in the markets after the fears of the banking crisis receded, with the S&P 500 index recording its largest rise since January. The markets received support after First Republic Bank obtained $30 billion in deposits...
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16 March، 2023
The European Central Bank decided in its meeting today, Thursday, March 16, to raise interest rates by 50 basis points, as expected, to reach 3.5%. And the interest statement issued by the bank stated that the European Central Bank expects that inflation rates will continue to be high for a long time, and that the bank is determined to return...
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16 March، 2023
The general index of the US dollar records declines by about 0.35% this morning, Thursday, January 16th, in the middle of the European session, and is trading at 104.40 levels, after it rose by more than 1.40% yesterday, Wednesday, benefiting from the decline in risk appetite in the markets and the high demand for safe havens, led by the US...
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16 March، 2023
Australian unemployment rates fell in February to 3.5% from 3.7%, according to figures issued by the Australian Bureau of Statistics (ABS) at the beginning of the Asian session today, Thursday, while expectations were for a decline of about 3.6%, with the participation rate in the labor market rising to 66.6% from 66.5%. The Australian economy added about 64,600 thousand jobs...
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15 March، 2023
Data issued moments ago by the US Census Bureau showed a decline in US retail sales, which fell short of market expectations, as sales declined by about 4% in February to reach $697.9 billion, compared to a rise of about 3.2% in January’s revised reading, while expectations were for declines of about 0.3%. Underlying sales excluding car prices recorded a...
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14 March، 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 0.4% in February, after rising by 0.5% in January, to match expectations, while the main index, excluding food and energy prices, rose to 0.5% compared to By 0.4% in January. On the...
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13 March، 2023
US inflation figures top the events of the week European Central Bank and raised interest rates by 50 basis points An emergency meeting of the Federal Reserve raises the risk appetite in the markets Separate economic data After the meetings of the three central banks (Aussie - Bank of Canada - Bank of State) in addition to Jerome Powell's testimony...
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10 March، 2023
The report issued by the United States Bureau of Labor Statistics moments ago showed that 311,000 jobs were added in February, compared to the addition of 517,000 jobs in the January reading, before it was revised down to 504,000 to come better than market expectations, which indicated the creation of 224,000 jobs. On the other hand, unemployment rates rose to...
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10 March، 2023
The Bank of Japan decided in its meeting that ended this morning, Friday, March 10, to keep monetary policy unchanged, as expected, to maintain 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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9 March، 2023
The US indices recorded mixed results when they closed the trading session yesterday, Wednesday, March 8, after a strong loss that exceeded 1.5% on Tuesday, as the S&P 500 and the Nasdaq indices recorded gains, while the Dow Jones index declined amid the markets’ anticipation of the US labor market numbers for February, tomorrow, Friday. And Jerome Powell, President of...
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