02/11/2024
7 June، 2022
The general index of the US dollar continues to rise for the second consecutive session since the beginning of the week, with the opening of the European markets for the session today, Tuesday, the seventh of June (June), supported by the rise in US bond yields, which receive support from the rising market concerns about the continuation of global inflation...
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7 June، 2022
The monetary policy council of the Reserve Bank of Australia decided to raise interest rates by 50 basis points to reach 0.85% in a surprising move after the markets had expected a hike that did not exceed 40 basis points. \The bank's interest statement stated that inflation rose significantly in Australia and is expected to continue rising with the continued...
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6 June، 2022
The Asian session, tomorrow, Tuesday, the seventh of June, will witness the meeting of the monetary policy members of the Reserve Bank of Australia to discuss monetary policy developments and determine interest levels after the bank began tightening monetary policy at the May meeting for the first time in ten years and raising interest rates by 25 points. Basically as...
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6 June، 2022
The European Central, the Australian Reserve and the US inflation figures on top of this week's events (weekly currency report) General meeting of the European Central Differences in expectations for the expected rate of increase of the Australian reserve Has US inflation started to decline? miscellaneous economic data The US labor market numbers concluded last week’s events, Friday, after the...
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3 June، 2022
The US stock markets recorded declines at the end of the week's trading today, Friday, the third of June (June), after data that came less than expectations from the American labor market, while the Nasdaq index leads the losses of economic indicators after strong declines in technology companies. The American economy had announced the addition of 390 thousand jobs in...
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3 June، 2022
The numbers issued moments ago from the TUIK Statistics Institute showed the rise in inflation in Turkey by 73.5% on an annual basis in May compared to 70% in April at the highest level of inflation since 1998, recording more than 15 times the target of the Turkish Central Bank to run while expectations indicated its rise to me 74.5%,...
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3 June، 2022
The report issued by the United States Bureau of Labor Statistics a moment ago showed that 390 thousand jobs were added in May, compared to the addition of 428 thousand jobs in April, to come better than the market expectations, which indicated the creation of jobs estimated at 325 thousand jobs. On the other hand, unemployment rates stabilized at 3.6%,...
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2 June، 2022
Crude prices returned to rise in the middle of the session today, Thursday, the second of June, with the opening of the American markets, after it was trading in the red color, and losing more than 2%, after news that the Organization of the Petroleum Exporting Countries and independent allies outside the organization agreed to increase crude production in July...
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2 June، 2022
The American private sector added about 128 thousand jobs in May, according to the figures released a few moments ago by the ADP, after adding about 202 thousand jobs in the revised April reading of 247 thousand, while expectations indicated the addition of 295 thousand jobs. In details, the commodity production sector added about 24 thousand jobs, while the manufacturing...
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1 June، 2022
The Bank of Canada decided in its meeting moments before to raise interest rates by 50 basis points to reach 1.50%, as expected. The interest report from the Bank stated that the Canadian economy is strong, as the gross domestic product grew by about 3.1% in the first quarter, in line with the monetary policy report issued in April. The...
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