Estimates of the Federal Statistical Office Destatis in Germany showed a decline in inflation, represented by the Consumer Price Index (CPI), in the largest economy in the eurozone, to 10% in the preliminary estimated reading for November, which was announced moments ago, compared to 10.4% in the October reading. On a monthly basis, inflation declined to 0.5% in November, compared...
, The US dollar records declines of more than 0.70% in the middle of the European session’s trading in the opening session of the week today, Monday, November 28th, when it traded at 105.50 levels, after it tested 106.40 levels at the beginning of the Asian session, to lose all its gains, ignoring its status as one of the most...
The Reserve Bank of newzelnda raised interest rates by 75 basis points, to reach 4.25%, as expected at the bank's meeting that was held this morning, Tuesday, November 23, as expected, to reach interest levels to their highest levels since 2009. The interest statement stated that the bank is expected to continue tightening monetary policy in the coming period until...
Canadian retail sales decline in September Retail sales in Canada decreased by 0.5% in September, according to a report by Statistics Canada issued a moment ago, to reach $61.1 billion, after rising by 0.7% in August, matching expectations. The decline in April was affected by a decline in sales at petrol stations and food and beverage stores. The main index,...
Crude prices recorded declines of more than 0.40% this morning, Monday, November 21, with the opening of the European session, affected by rising market concerns about the rise in cases of Covid 19 in the second largest consumer of crude in the world and the largest importer of crude (China), where Brent crude declined by about 0.52%, trading at Levels...
The Consumer Price Index (CPI), which measures inflation in the United Kingdom, rose to 11.1% on an annual basis in October, compared to 10.1% in the September reading, exceeding expectations, which indicated an increase to 10.7, recording its highest reading since 1989. On a monthly basis, the consumer price index increased by 2% in October, compared to an increase of...
Preliminary figures from the United Kingdom's National Statistics Office (ONS) showed that the UK's gross domestic product (GDP) fell in September by 0.6%, compared to a decline of about 0.1% in the revised August reading of 0.3%, while expectations were for a decline of 0.4%, and the economy recorded a decline in Growth of 0.2% in the three months ending...
Data released moments before by the Bureau of Labor Statistics in the United States showed that the CPI, which measures inflation, rose by 0.4% in October, with the same increase in September, to come below expectations that indicated a rise to 0.6%, while the main index, excluding food and energy prices, declined to 0.3. % compared to 0.6% in September...
The yellow metal is at its highest level in a month, supported by the decline in the dollar and bond yields Gold recorded slight increases this morning, Wednesday, the ninth of November, by about 0.05%, trading at levels of 1713 dollars per ounce, after gains of more than 2% yesterday, Tuesday, and an increase of about 35 dollars, to ....
The general index of the US dollar (Dollar Index) is trading at an increase of 0.20% this morning, Tuesday, the eighth of November, with the opening of the European session, trading at 110.40 levels, after strong declines in the last two trading sessions, in which the index lost more than 2.5%, affected by markets’ expectations that the US Federal Reserve...