01/02/2025
9 February، 2023
Estimates of the Federal Statistical Office Destatis in Germany showed a rise in inflation represented by the Consumer Price Index (CPI) in the largest economy in the eurozone to 8.7% in the preliminary estimated reading for the month of January, which was announced moments ago, compared to 8.6% in the December reading, which came below expectations. Which indicated a rise...
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8 February، 2023
Crude prices recorded highs in the middle of the European session trading today, Wednesday, February 8th, in gains for the third consecutive session, as US crude (NYMEX) is trading at $77.88 per barrel, up by 0.98%, while Brent crude is trading at an increase of 0.79%, at levels of 84.35. Dollars per barrel amid anticipation in the markets for the...
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8 February، 2023
In the absence of strong economic data affecting market movements since the beginning of the week, the statements of Jerome Powell, Chairman of the US Federal Reserve, at the Economic Forum in Washington yesterday, Tuesday, were the main movers of the markets, after he confirmed that the process of reducing inflation had already begun and that the recent labor market...
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7 February، 2023
The general index of the US dollar records gains of 0.10% with the opening of the European session today, Tuesday, February 7, rising for the fourth consecutive session, trading at 103.71 levels, to trade at its highest level in four weeks, amid anticipation in the markets for the statements of the US Federal Reserve Chairman Jerome Powell and many members...
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7 February، 2023
The Reserve Bank of Australia raised interest rates by 25 basis points to reach 3.35%, as expected at the bank meeting that took place this morning, Tuesday, January 7, in its first meeting in the current year, bringing interest levels to their highest levels since 2012. And the interest statement issued by the bank stated that inflation in Australia is...
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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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