Data released moments before by the US Bureau of Economic Analysis showed an increase in US personal income by $71.6 billion in August, or 0.3%, while the PCE, the preferred indicator for measuring inflation, rose by 0.3% on a monthly basis from -0.1% in July, On the other hand, the main index, excluding food and energy prices, rose by 0.6%....
View MoreCrude prices are recording declines this morning, Wednesday, September 28, with the opening of the European markets, trimming the gains recorded yesterday, Tuesday, affected by the return of the US dollar to the rise since the Asian session, amid anticipation in the markets for the official stock figures. Crude benefited during the session yesterday, Tuesday, from some reports issued by...
View MoreGold is trading at an increase of nearly 1% this morning, Tuesday, September 27, coinciding with the opening of the European markets at levels of $ 1639 an ounce, rising from its lowest level since April of the year 2020, taking advantage of the declines of the US dollar this morning and benefiting from the rise in fears of global...
View MoreThe Bank of England decided to vote to raise interest rates by 50 basis points in its meeting moments ago, to reach 2.25%, as expected. The interest report issued by the bank stated that the members of the bank voted by a majority of 5 members to raise interest rates by 50 basis points, while three members voted to raise...
View MoreThe Swiss National Bank raised interest rates as expected by a large margin at its meeting moments before from -0.25% to 0.50% after raising it by 50 basis points at its June meeting. The bank's interest statement stated that there were renewed inflationary pressures on goods and services that forced the bank to take the step of raising interest rates,...
View MoreThe markets are awaiting at the end of today’s session, Wednesday, September 21, one of the most important decisions of the month of September, which is the meeting of the US Federal Reserve, which is expected to announce its monetary policy and interest rates, in addition to its quarterly report on its expectations for growth and inflation and the dot...
View MoreThe CPI in Canada recorded a growth of about 7% in August on an annual basis, according to figures released moments ago, compared to 7.6% in the July reading, which came less than expectations, which indicated a rise to 8%, recording a decline for the second month in a row, supported largely by the decline in gasoline prices. In August,...
View MoreCrude prices are recording increases of more than 2% with the opening of the European markets for the session today, Monday, the fifth of September, the opening session of the week, and there is anticipation in the markets for the meeting of the Organization of Petroleum Producing Countries (OPEC) and its independent allies from outside the organization, led by Russia,...
View MoreThe report issued by the United States Bureau of Labor Statistics a moment ago showed that 528 thousand jobs were added in July, compared to the addition of 398 thousand jobs in the revised reading for the month of June, to come in better than the market expectations that indicated the creation of jobs estimated at 250 thousand jobs. On...
View MoreThe Bank of England decided to vote to raise interest rates by 50 basis points in its meeting moments ago, to reach 1.75%, as expected for the sixth consecutive meeting, in the largest rate increase in 27 years. The interest report issued by the bank stated that the members of the bank voted by 8-1 to raise interest rates by...
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