The yellow metal maintains the levels of $1900 an ounce in the middle of the European trading session of today, Thursday, January 19th, to trade at levels of $1912 an ounce, recording gains of about 0.46%, benefiting from the decline of the US dollar by about 0.20%, in addition to the decline in US Treasury bond yields. The yield on...
View MoreAustralian unemployment rates stabilized in December at 3.5%, 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 3.4%, despite the decline in the participation rate in the labor market to 66.6% from 66.8%. The Australian economy lost about 14,600 thousand jobs...
View MoreThe US dollar index lost all the gains of the Asian session, to trade in the middle of the European session, down by about 0.50%, and by more than 1.00% from its highest level during the Asian session, to trade now at 101.77 levels, affected by the gains of the Japanese yen and the decline in the US retail sales...
View MoreCrude prices recorded gains of more than 1.5% in the middle of trading in the European period for today’s session, Wednesday, January 18th, before the opening of the American markets, as Brent crude rose by about 1.60%, trading at levels of $87.29 a barrel, while American crude (NYMEX) rose by about 1.95%, and trading at levels of $81.74. A barrel...
View MoreThe Central Bank of Japan decided in its meeting that ended this morning, Wednesday, January 18th, to keep its monetary policy unchanged, by allowing the volatility of 10-year bond yields, minus or plus 0.50%. The bank is buying exchange-traded funds (ETFs) for 12 trillion yen and Japanese real estate investment J-REITs for 180 billion yen. Since its meeting in December,...
View Morehe Central Bank of Japan will announce the results of its meeting held since this morning, tomorrow morning, Wednesday, in the Asian session, to announce its monetary policy for the coming period and interest rates, as expectations indicate that the bank may adjust once again the yield ceiling for Japanese government bonds to 0.75%. The Bank of Japan surprised the...
View MoreThe ZEW index, which measures business confidence in Germany, increased by about 40.2 points in the January 2023 survey, to reach 16.9, better than expectations that indicated a decline to 15 points. The improvement in the index in June was supported by an improvement in the assessment of the current economic situation by about 2.8 points, to reach 58.6. The...
View MoreThe gross domestic product (GDP) in China, the second largest economy in the world, recorded a recovery in GDP growth of 2.9% in the fourth and final quarter of last year, according to data released this morning, Tuesday, January 17, from the National Bureau of Statistics, compared to a growth of about 3.9% in the third quarter, better than Market...
View MoreDigital currencies record gains in the middle of the week’s opening session trading today, Monday, January 16th, to extend from the strong gains recorded last week, taking advantage of the rise in the market value to regain the levels of a trillion dollars, as the bitcoin currency leads the rises by trading at its highest level since November of last...
View MoreThe US dollar fell by more than 1.7% last week Gold is above $1,900 levels for the first time since April China announces growth figures and disappointed expectations of the world's second largest economy Davos conference, January 16-20 After the US inflation figures topped the events of last week, the financial markets will return in a new week, with new...
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