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Fundamental analysis

Bitcoin is at its highest level since August, with gains of more than 10%
Digital currencies
image 16 February، 2023

. Digital currencies are recording increases for the third consecutive session in the middle of today’s session, Thursday, February 16th, coinciding with a clear rise in risk appetite in the markets before the opening of the American session, where Bitcoin is leading these rises, trading at the highest levels of $24,000 at its highest level since August, up by 11%...

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The unemployment rate rises to 3.7% in Australia and the economy loses more than 11,000 jobs
Foreign currency
image 16 February، 2023

 The Australian unemployment rate rose in January to 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 that it would remain stable when reading December at 3.5%, while the participation rate in the labor market declined to 66.5% from 66.6%. The Australian economy lost about...

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US retail sales grow by 3% in January and the dollar is rising
Foreign currency
image 15 February، 2023

 Data released moments ago by the US Census Bureau showed a rise in US retail sales, better than market expectations, as sales rose by about 3% in January, up to $697 billion, compared to a decline of about -1.1% in the December reading, while expectations were for increases of about 1.9%. . Underlying sales, excluding car prices, grew by 2.3%...

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Pressure on crude amid anticipation of stock numbers
Oil markets
image 15 February، 2023

 Crude prices record losses of more than 1.5% in the middle of trading in the European session today, Wednesday, February 15th, affected by the rises of the US dollar, in addition to the increase in inventories more than expected, according to the preliminary reading, amid anticipation of the official figures today, as Brent crude is trading at $84.28 a barrel,...

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UK inflation slowed to 10.1% in January
Foreign currency
image 15 February، 2023

 The consumer price index in Britain, which measures inflation, grew by 10.1% in the 12 months ending in January, compared to 10.5% in December, while expectations indicated a slowdown by 10.3%, while inflation fell on a monthly basis by 0.6% in January, compared to a decrease of 0.1%. in December . The main index, excluding food and energy prices, rose...

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Annual inflation in the United States of America rises to 6.4%
Foreign currency
image 14 February، 2023

Data issued 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 0.5% in January, after declining by 0.1% in December, matching expectations, while the main index, excluding food and energy prices, rose to 0.4% compared to By 0.3% in December. On the other...

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The dollar retreated hours before inflation figures and the yen reacted to Ueda’s appointment
Foreign currency
image 14 February، 2023

 The general index of the US dollar recorded declines of more than 0.30% this morning, Tuesday, February 14, a few hours before the US Department of Labor announced the CPI inflation numbers, which will be issued in the American session, where the dollar is trading at 102.90 levels. Today's inflation figures represent one of the most important economic figures issued...

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Currency Weekly Report
Foreign currency
image 13 February، 2023

The US dollar gained for the second week in a row Markets await US inflation figures The Japanese yen fluctuated between tightening and easing Separate economic data After the meeting of the Reserve Bank of Australia, in addition to the Canadian labor market numbers and growth figures from the United Kingdom, issued the events of last week, the financial markets...

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Canada surprises the markets, adding 150,000 jobs, and the Canadian dollar is on the rise
Foreign currency
image 10 February، 2023

 Statistics Canada announced that the Canadian economy added 150,000 jobs in January, an increase of 0.8%, compared to adding 104,000 jobs in December, while expectations were to add only 15,000 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 0.8%, and increased by...

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UK growth fell to 0.5% in December
Foreign currency
image 10 February، 2023

 Preliminary figures from the Office of National Statistics in the United Kingdom ONS, issued moments ago, showed a decrease in the growth of the gross domestic product of the United Kingdom in December by 0.5%, compared to a growth of about 0.1% in the November reading, while expectations indicated a decline of 0.3%, and the growth of the economy stabilized...

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