08/03/2026
12 August، 2025
The Reserve Bank of Australia's Board of Directors decided at its meeting this morning, Tuesday, August 12, to cut interest rates by 25 basis points, as expected, to 3.60%, bringing the total cut this year to 75 basis points, bringing interest rates to their lowest level since April 2023. The bank's interest rate statement stated that core inflation has declined...
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11 August، 2025
Gold is trading down more than 1% at the start of the European session today, Monday, August 11, the opening session of the week, influenced by increased risk appetite in the markets and optimism regarding the Russian-Ukrainian war after media reports that President Donald Trump will meet with President Putin next week to negotiate an end to the war. Amid...
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11 August، 2025
Asian markets closed higher at the end of trading on Monday, August 11, the opening session of the week. Chinese markets led the Asian session's gains, with Japanese markets absent for the Ming and Ming holidays. Investors are awaiting an extension of the tariff truce deadline between Washington and Beijing, which expires tomorrow, Tuesday, August 12. Data from China's National...
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8 August، 2025
Data released recently from the Canadian economy showed a decline of -41,000 jobs in July after adding 83,000 jobs in July, confounding expectations of an increase of about 15,000. Meanwhile, the unemployment rate remained at June levels of 6.9%, while expectations had been for a 7% increase. Employment declined across several sectors, led by the information, culture, and entertainment sector,...
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8 August، 2025
Cryptocurrencies recorded collective gains in mid-trading on Friday, July 8, the closing session of the week, benefiting from US President Donald Trump's decision to pave the way for capital inflows after he signed an executive order on Thursday allowing investment in cryptocurrencies and alternative assets in US 401k retirement plans. This supported cryptocurrency gains and promoted the faster integration of...
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8 August، 2025
Asian markets closed mixed on Friday, August 8, the final trading session of the week, with investors focusing on the tariffs on some countries that took effect on Thursday. Meanwhile, Japanese indices benefited from Japanese statements indicating a resolution had been reached with the United States regarding the tariffs imposed on its exports. The US government promised to amend some...
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7 August، 2025
The Bank of England voted 5-4 to cut interest rates by 25 basis points to 4%, as expected, at its meeting just moments ago. Four members favored a 50 basis point cut, and four members preferred to keep rates unchanged. The Bank's interest rate report stated that inflation had declined significantly over the past two years as previous external shocks...
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6 August، 2025
Crude oil prices rose at the start of trading in the US session today, Wednesday, August 6, after four consecutive sessions of declines, trading at their lowest levels in five weeks, amid market concerns over US President Donald Trump's threats to impose higher tariffs on buyers of Russian crude. Meanwhile, inventories fell contrary to expectations, with US crude (NYMEX) rising...
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6 August، 2025
After four sessions of gains, gold is trading lower in mid-European trading today, Wednesday, August 6, with the US dollar stabilizing and a wave of profit-taking in the yellow metal, which tested its highest levels in two weeks yesterday, Tuesday, at $3,390 per ounce. This coincided with the absence of US economic indicators during today's session. The yellow metal is...
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6 August، 2025
European indices registered collective gains at the opening of trading today, Wednesday, August 6, ignoring the decline in risk appetite in markets amid rising tariff concerns and negative closings for US indices. Focus was on European companies' earnings, many of which exceeded market expectations, amid anticipation of the Bank of England's two central bank meetings tomorrow, Thursday. In terms of...
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