01/02/2025
26 January، 2023
The gross domestic product of the United States of America grew in the fourth and final quarter of last year, which ended in December, in the initial reading, according to the report of the Bureau of Economic Analysis, issued just before, by 2.9%, compared to a growth of about 3.2% in the third quarter, to come better than expectations that...
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26 January، 2023
The yellow metal is retracing from its highest levels before the US growth figures After it tested its highest levels since April of last year at $1948 an ounce in the Asian session, the yellow metal lost more than 0.50% before the opening of the US markets for today’s session, Thursday, January 26th, amid anticipation in the markets for the...
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25 January، 2023
In an expected move, the Bank of Canada, in its meeting moments ago, raised the interest rate by 25 basis points to 4.50% from 4.25%. The bank's interest report stated that inflation in Canada is still high, although it fell to 6.3% in December from 8.1%, affected by the decline in gasoline prices. The bank expects that inflation rates will...
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25 January، 2023
The markets are awaiting in the American session today, Wednesday, January 25th, the first meeting of the Canadian Central Bank in the current year 2023, as the bank is expected to announce a 25 basis point hike in interest rates, to reach 4.50%, in the eighth consecutive increase in interest rates, to reach their highest levels since 2007. . The...
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25 January، 2023
The figures issued in the Asian session today, Wednesday, from the Australian Institute of Statistics (ABS) showed that the consumer price index, which measures inflation in Australia, increased by 8.4% on an annual basis in the twelve months to December of last year, compared to 7.3% in November, exceeding expectations that indicated an increase to 7.6%. On the other hand,...
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24 January، 2023
The euro tested 1.0900 levels during the Asian session this morning, Tuesday, a level that dates back to before the Russian-Ukrainian war, benefiting primarily from the declines of the US dollar, as the general index of the US dollar is trading at its lowest level since May of last year. The statements of European Central Bank President Christine Lagarde and...
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24 January، 2023
The US indices concluded the opening session of the week yesterday, Monday, January 23, with gains led by the Nasdaq index, which rose by more than 2%, supported by the rise in the technology sector stocks, amid anticipation in the markets for the earnings announcements from companies and institutions issued during the current week. US stock markets are receiving support...
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23 January، 2023
The US dollar lost for the second week in a row Keep an eye out for quarterly inflation figures from New Zealand and Australia The euro area is awaiting growth figures in the services and manufacturing sectors After the meeting of the Central Bank of Japan and Chinese growth figures issued the events of last week, the financial markets return...
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20 January، 2023
Retail sales in Canada decreased by 0.1% in November, according to a report issued by Statistics Canada moments ago, to reach $61.8 billion, after rising by about 1.4% in the October reading, while it had been expected to decline by 0.5%. The main index, which excludes the prices of gasoline and trade in cars and spare parts, declined by 1.1%,...
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20 January، 2023
The Consumer Price Index (CPI), which measures inflation in Japan, rose to its highest rate in 41 years, according to data issued by the Japanese government this morning, Friday, January 20. It reached levels of 4% in December, compared to 3.7% in the November reading, matching expectations. In details, food prices in Japan increased by 7.4% in December, the highest...
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