08/03/2026
22 August، 2025
In his remarks at the Jackson Hole Symposium on Friday evening, August 22, US Federal Reserve Chairman Jerome Powell indicated that the underlying outlook and the changing balance of risks require an adjustment in our monetary policy stance, emphasizing that inflation risks remain elevated and that tariff-related inflationary pressures are now evident. In his speech, which addressed monetary policy more...
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22 August، 2025
Statistics Canada released data just moments ago showing retail sales rose 1.5% in June to $70.2 billion, following a 1.1% decline in May. Expectations were for a 1.3% increase, driven by increases in food and beverage sales. Core retail sales, excluding gas stations and motor vehicle and parts stores, rose 1.9% in June after a revised 0.3% decline in May,...
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22 August، 2025
Asian markets recorded near-unitary gains at the close of trading on Friday, August 22, the closing session of the week. They turned from red at the beginning of the session, influenced by negative closings on Wall Street, to positive before the close, with investors focusing on the Jackson Hole symposium and Jerome Powell's remarks regarding monetary policy and the future...
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21 August، 2025
The three major US stock indices continued to record declines for the fifth consecutive session at the opening of trading today, Thursday, August 21, pressured by the technology sector. Five of the Magnificent 7 stocks, with the exception of Alphabet and Nvidia, are trading in the red, as investors await the Jackson Hole meeting and Jerome Powell's remarks on Friday....
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21 August، 2025
After rising more than 1% during Wednesday's trading session, gold retreated mid-European trading on Thursday, August 21, losing more than 50% of its gains the day before, as the US dollar stabilized and a wave of profit-taking gripped the yellow metal amid anticipation of Jerome Powell's remarks at the annual Jackson Hole Symposium tomorrow, Friday. Gold is trading down about...
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21 August، 2025
Data released at the beginning of the European session today, Thursday, August 21, showed divergent trends in most of the services and manufacturing Purchasing Managers' Indices (PMIs) in the Eurozone and the United Kingdom in the preliminary reading for August. The Eurozone services index slowed to a two-month low of 50.7 in August, compared to 51.0 points in the August...
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20 August، 2025
Crude oil prices rose mid-day in European trading on Wednesday, August 20, following a decline in inventories, according to preliminary figures from the American Petroleum Institute. Amid anticipation of official figures from the Energy Information Administration on Wednesday, markets are monitoring the situation related to a ceasefire between Russia and Ukraine, with US President Donald Trump brokering a peace agreement...
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20 August، 2025
The Consumer Price Index (CPI), a measure of UK inflation, rose to 3.8% year-on-year in July, according to data released by the Office for National Statistics (ONS) this morning, Wednesday, August 20, after rising 3.6% in June, exceeding market expectations of 3.7%. On a monthly basis, the CPI rose 0.1% in July, compared to a decline of approximately 0.2% in...
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20 August، 2025
The Reserve Bank of New Zealand's (RBNZ) Monetary Policy Committee (MPC) voted to cut the official cash rate (OCR) by 25 basis points to 3% at its meeting this morning, Wednesday, August 20, as expected. This resumes the series of rate cuts that paused at the July meeting after six consecutive rate cuts. The RBNZ statement indicated that annual consumer...
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19 August، 2025
Canada's Consumer Price Index (CPI) grew by 1.7% year-on-year in July, according to figures released just a few moments ago, down from June's 1.9%. The core CPI, which excludes gasoline prices, rose by 2.5% year-on-year. On a monthly basis, the index rose by 0.3% in July after growing by 0.1% in June, matching expectations. This stability in inflation comes after...
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