01/11/2024
11 November، 2022
Preliminary figures from the United Kingdom's National Statistics Office (ONS) showed that the UK's gross domestic product (GDP) fell in September by 0.6%, compared to a decline of about 0.1% in the revised August reading of 0.3%, while expectations were for a decline of 0.4%, and the economy recorded a decline in Growth of 0.2% in the three months ending...
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10 November، 2022
Data released moments before by the Bureau of Labor Statistics in the United States showed that the CPI, which measures inflation, rose by 0.4% in October, with the same increase in September, to come below expectations that indicated a rise to 0.6%, while the main index, excluding food and energy prices, declined to 0.3. % compared to 0.6% in September...
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9 November، 2022
The yellow metal is at its highest level in a month, supported by the decline in the dollar and bond yields Gold recorded slight increases this morning, Wednesday, the ninth of November, by about 0.05%, trading at levels of 1713 dollars per ounce, after gains of more than 2% yesterday, Tuesday, and an increase of about 35 dollars, to ....
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8 November، 2022
The general index of the US dollar (Dollar Index) is trading at an increase of 0.20% this morning, Tuesday, the eighth of November, with the opening of the European session, trading at 110.40 levels, after strong declines in the last two trading sessions, in which the index lost more than 2.5%, affected by markets’ expectations that the US Federal Reserve...
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7 November، 2022
Crude prices are recording declines of more than 1% this morning, Monday, the seventh of November, with the opening of the European session, affected by the rising market concerns about the high cases of Covid-19 infection in the second largest consumer of crude in the world and the largest importer of crude, as Brent crude is down by 1.37%, trading...
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3 November، 2022
The Bank of England decided to vote to raise interest rates by 75 basis points in its meeting moments ago, to reach 3%, as expected. The interest report issued by the bank stated that the members of the bank voted by a majority of 7 members to raise interest rates by 75 basis points, while one member voted to raise...
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2 November، 2022
The Federal Open Market Committee (FOMC) voted to raise interest rates by 75 basis points at its meeting moments ago, as expected, to 4%. The interest statement issued by the bank stated that inflation is still high, and the committee confirmed that the continuous increases in interest rates aim to return inflation to the bank's target of 2% over time....
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2 November، 2022
The American private sector added about 239 thousand jobs in October, according to the figures released a few moments ago by the ADP, after adding about 208 thousand jobs in the September reading, while expectations indicated the addition of 178 thousand jobs. In details, the commodity production sector lost about 8 thousand jobs after the manufacturing sector lost about 20...
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1 November، 2022
The Reserve Bank of Australia raises interest rates by 25 basis points, as expected The Reserve Bank of Australia raised interest rates by 25 basis points to reach 2.85%, as expected in the bank’s meeting, which was held this morning, Tuesday, the first of November, to reach interest levels to their highest levels since 2013. The interest statement issued by...
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31 October، 2022
Estimates by Eurostat or the Statistical Office of the European Union just before showed that annual inflation in the euro area rose to 10.7% in October in the preliminary reading, compared to 9.9% in the September reading, exceeding expectations that indicated its stability at 9.9%. The largest contribution to inflation in July came from the energy sector, which rose at...
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