08/06/2026
6 August، 2025
After four sessions of gains, gold is trading lower in mid-European trading today, Wednesday, August 6, with the US dollar stabilizing and a wave of profit-taking in the yellow metal, which tested its highest levels in two weeks yesterday, Tuesday, at $3,390 per ounce. This coincided with the absence of US economic indicators during today's session. The yellow metal is...
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6 August، 2025
European indices registered collective gains at the opening of trading today, Wednesday, August 6, ignoring the decline in risk appetite in markets amid rising tariff concerns and negative closings for US indices. Focus was on European companies' earnings, many of which exceeded market expectations, amid anticipation of the Bank of England's two central bank meetings tomorrow, Thursday. In terms of...
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5 August، 2025
The three major US stock indexes opened higher on Tuesday, August 5, for a second session following gains in the opening session on Monday, as US companies continued to report their second-quarter earnings, ignoring Trump's threats to impose higher tariffs on India and new tariffs on chips and pharmaceuticals. Moments before the session opened, Trump indicated on CNBC's "Squawk Box"...
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5 August، 2025
For the fourth consecutive session, crude prices continued to decline in mid-European trading on Tuesday, August 5, as market concerns about slowing global growth and weak global oil demand, coupled with OPEC's move to ease supply restrictions, awaited preliminary inventory figures from the American Petroleum Institute later today. Nymex crude fell by about 1.28% to trade at $65.44 a barrel,...
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5 August، 2025
Asian markets closed higher at the end of trading on Tuesday, August 5, benefiting from gains in US markets in the opening session yesterday, Monday. However, Indian markets declined due to concerns about geopolitical tensions between India and the United States. The MIRI services purchasing managers' index rose to 52.6 in July, recording the fastest pace of growth since May...
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4 August، 2025
Cryptocurrencies recorded collective gains in mid-trading on Monday, August 4, the opening session of the week, following declines that lasted for more than four consecutive sessions last week, driven by a wave of profit-taking by investors after many cryptocurrencies reached record highs and risk appetite in the markets declined following weak US employment figures and rising geopolitical tensions. Bitcoin ETFs...
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4 August، 2025
Crude prices pared losses recorded at the opening of the Asian session, heading for some gains at the beginning of trading in the European session today, Monday, August 4, the opening session of the week, after absorbing the OPEC+ decision to increase production in September. Brent crude rose by about 0.14%, trading at $69.77 per barrel, while US crude (NYMEX)...
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1 August، 2025
The report released by the US Bureau of Labor Statistics just moments ago showed that the US economy added only 73,000 jobs in July, compared to 147,000 in June, which was revised downward to just 14,000, falling short of market expectations of 106,000 jobs. Conversely, the unemployment rate rose 0.01% in July to 4.2%, compared to 4.1% in June, matching...
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1 August، 2025
Eurostat, the statistical office of the European Union, reported a few moments ago that annual inflation in the eurozone rose to 2% in July, according to the preliminary reading, remaining unchanged from June's reading and better than expectations of 1.9%. The largest contribution to inflation in July came from the food, alcohol, and tobacco sector, which rose at an annual...
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1 August، 2025
Asian markets recorded declines at the close of trading today, Friday, August 1, the closing session of the week, as trade tensions returned to the forefront after the tariff deadline was postponed from today. US President Donald Trump imposed new tariffs on 68 countries, which will take effect on the 7th of the month, while raising tariffs on Canada to...
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