03/03/2025
10 February، 2025
China's annual consumer price index (CPI), a measure of inflation, rose 0.5% in January from 0.1% in December, the National Bureau of Statistics said earlier this week, the fastest pace in five months and beating expectations for a 0.4% increase. The core index, which excludes volatile food and energy prices, rose 0.6% in January from 0.4%. China's producer price index...
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7 February، 2025
The US non-farm payrolls added 143,000 jobs in January, according to data released by the US Bureau of Labor Statistics a few moments ago, compared to 307,000 jobs in December's revised reading of 51,000. The November reading was revised upward to 61,000 from 49,000, falling short of market expectations of an addition of around 170,000 jobs. The unemployment rate in...
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6 February، 2025
The Bank of England decided, by a majority vote of 7-2, to cut interest rates by a quarter point in its meeting moments ago to reach 4.50%, as expected in its first meeting of the year, while two members preferred to cut interest rates by 50 basis points to 4.25%. The interest rate report issued by the bank stated that...
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6 February، 2025
Crude prices are trading higher in the middle of today's trading session, Thursday, February 6, after sharp declines yesterday, Wednesday, while concerns continue about tensions from the trade war and customs tariffs between the world's largest exporters and importers of crude oil, as Brent crude rises by about 0.77% per barrel and is trading at $75.18 per barrel, while US...
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5 February، 2025
The US private sector added about 183K jobs in January, according to figures released a few moments ago by ADP, after adding about 176K jobs in April's revised reading from 122K, while expectations indicated an addition of 148K jobs. In detail, the goods production sector lost about 6K jobs, while the manufacturing sector lost about 13K jobs, while the services...
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4 February، 2025
The yellow metal is trading above $2,800 for the second consecutive session in the middle of the European session today, Tuesday, February 4, after recording the highest daily closing ever yesterday, Monday, at $2,813 per ounce, benefiting from the increase in uncertainty in the markets due to the tariffs announced by the US administration, in addition to the decline in...
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3 February، 2025
Crude prices recorded gains of more than 1.5% this morning, Monday, February 3, with the weekly opening after fears rose that the US administration would impose tariffs on the energy sector on Canada, Mexico and China, which raised market concerns about supplies. Brent crude rose by about 1.65%, trading at $76.92 per barrel, while US crude (Nymex) traded at $74.42...
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3 February، 2025
Eurostat, the statistical office of the European Union, estimates a few moments ago that annual inflation in the eurozone rose to 2.5% in January in the preliminary reading compared to 2.4% in the December reading, exceeding expectations that it would remain stable in the December reading. The largest contribution to inflation in November came from the energy sector, which rose...
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2 February، 2025
Digital currencies recorded collective declines this morning, Sunday, February 2, as the most expensive digital currency in the world (Bitcoin) lost the $100,000 levels, coinciding with the decline in the market value of Bitcoin to below $2 trillion, as the new US administration and US President Donald Trump imposed customs duties on the world's largest economic partners. As Trump threatened...
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31 January، 2025
r Data released moments ago from the US Bureau of Economic Analysis showed that US personal income rose by $92.0 billion in December, up 0.4% from 0.3% in November, while the US Federal Reserve’s preferred measure of inflation, the Personal Consumption Expenditures (PCE), rose by 0.7% to $133.6 billion from November’s revised reading of 0.6%. The closely watched index, which...
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