02/11/2024
12 July، 2022
Fears of a global economic recession and preventive measures to limit the spread of the Corona virus in the second largest consumer of crude in the world are casting a shadow on crude prices for the second consecutive session, in the middle of the European session’s trading session today, Tuesday, July 12 (July 12), where US crude (NYMEX) is trading...
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12 July، 2022
The general index of the US dollar, which is concerned with measuring the strength of the dollar against a basket of currencies (Dollar Index), continues to record high levels since the beginning of the week yesterday, Monday, trading at its highest level since September 2002 at 108.45, benefiting from the high market expectations of the US Federal Reserve to tighten...
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6 July، 2022
After losses exceeded 2.1%, or $35, in the largest daily loss in three weeks yesterday, Tuesday, the yellow metal continues to record declines for the third consecutive session, with the opening of the American markets for today’s session, Wednesday, July 6, by trading at levels of $ 1760 an ounce, recording the lowest level in 2022. The yellow metal ignores...
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6 July، 2022
The general index of the US dollar continues to trade at its highest level since December 2002 this morning, Wednesday, the sixth of July (July), after gains that exceeded 1.35% yesterday, as the US dollar benefited from the general market condition represented in the lack of risk appetite and the rise in the currencies and assets of havens Security with...
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6 July، 2022
After a red opening for US stocks, all major indices hit at the beginning of the session yesterday, Tuesday, the fifth of July (July), stocks managed to reverse their negativity by the end of the session, as the Nasdaq Composite Index specialized in the technology sector managed to end the session with gains of more than 190 points, benefiting from...
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5 July، 2022
Crude prices are recording declines in the middle of the trading session of the European session today, Tuesday, the fifth of July (July), with rising concerns about a possible global economic recession after natural gas prices returned to rise strongly today, and thus high expectations of a decline in demand for fuel, as Brent crude trades down by 1.55 %,...
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5 July، 2022
The Reserve Bank of Australia decided in its meeting this morning, Tuesday, the fifth of July, to raise interest rates by 50 basis points, as expected, to reach 1.35% from 0.85%. The interest statement issued by the bank stated that inflation is still high in Australia and is expected to reach its peak later this year before it begins to...
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4 July، 2022
The figures released by the Swiss Federal Statistics Office FSO just before showed that inflation in Switzerland rose to 0.5% in June on a monthly basis, compared to 0.7% in the May reading and better than expectations that indicated a growth of about 0.4%. The annual index, in turn, rose to 3.4% in June, compared to 2.9% in May, while...
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1 July، 2022
The ISM Manufacturing Purchasing Managers' Index increased in June by 53 points, marking a 25th consecutive month of growth, although it declined by 3.1 points compared to May's reading of 56.1, while it was expected to decline to 54.6 points. In details, the new orders index registered a growth of 49.2 points, down by 5.9 points, compared to the May...
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1 July، 2022
Estimates by Eurostat or the Statistical Office of the European Union just before showed that annual inflation in the euro area rose to 8.6% in June in the preliminary reading, compared to 8.1% in the May reading, exceeding expectations that indicated a growth of about 8.5%. The largest contribution to inflation in November came from the energy sector, which rose...
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