01/02/2025
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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19 October، 2022
The CPI, which measures inflation in the United Kingdom, rose to 10.1% year-on-year in September, compared to 9.9% in August, exceeding expectations that it would rise to 10%, returning to its highest reading in July, which was the highest reading in the series since January. 1997 . On a monthly basis, the consumer price index rose by 0.5% in September,...
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14 October، 2022
Data released moments before by the US Census Bureau showed that US retail sales remained unchanged at zero levels in September, compared to a growth of about 0.4% in the revised August reading, while market expectations indicated a growth of about 0.2%. Core sales, excluding car prices, recorded growth In September, it was revised down by 0.1%, while the August...
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12 October، 2022
Figures released by the UK's National Statistics Office (ONS) just before showed that the UK's gross domestic product (GDP) in August fell -0.3% after a 0.1% growth in July's revised reading down from 0.2%, while expectations were for a stable 0.0%. Gross domestic product fell 0.3% in the three months to August, compared to the three months to May. In...
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11 October، 2022
The general index of the US dollar is settling with some rise for the fifth consecutive session with the opening of the European markets for the session today, Tuesday the 11th of October, to trade at 113.20 levels, up by 0.10%, benefiting from the high market expectations that the US Federal Reserve will continue to tighten monetary policy at the...
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4 October، 2022
The Reserve Bank of Australia raised interest rates by 0.25% to 2.60%, compared to market expectations, which indicated a 50 basis point increase at the bank's meeting, which was held this morning, Tuesday, October 4th. The Australian Bank raised interest rates by 50 basis points for four consecutive meetings, the last of which was last August, and therefore the decline...
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