The general index of the US dollar recorded increases of more than 0.50% today, Wednesday, moments before the opening of the US markets, after continuous declines since the beginning of the week, amid anticipation in the markets for the US Federal Reserve minutes at the end of the session. New orders for durable goods rose in April, according to the...
View MoreCrude prices recorded highs in mid-European trading today, Wednesday, May 25th, amid anticipation in the markets for the official US inventories statement from the US Energy Information Administration, as Brent crude rose by about 1.11%, trading at levels of 114.81 dollars per barrel, while US crude (NYMEX) is trading at Levels of 110.98 dollars per barrel, up by 1.10%. The...
View MoreAs expected, the Monetary Policy Committee of the Reserve Bank of New Zealand (RBNZ) decided to raise the official interest rates (OCR) by 0.50% to 2% at its meeting today, Wednesday, May 25th in the Asian session, with the Committee stressing that it is still appropriate to continue tightening monetary policy at a rapid pace to maintain price stability. and...
View MoreMembers of the Monetary Policy Committee of the Reserve Bank of New Zealand, led by Adrian Orr, will meet tomorrow morning, Wednesday, in the Asian session, to discuss monetary policy developments and interest rates for the coming period, as markets expect an increase in interest rates by 50 basis points to reach 2% at the highest interest level since 2016...
View MoreRisk appetite improved in the markets, and currencies and assets of safe havens were subjected to selling pressure since the beginning of the week yesterday, Monday, while currencies and high-risk assets rose, as the Dow Jones Industrial Average rose more than 600 points when it closed the opening session of the week yesterday, Monday, causing damage to the US dollar,...
View MoreTotal retail sales in New Zealand in the first quarter of this year ended last March decreased by 0.5%, with a total of 133 million dollars, compared to the revised reading of the fourth quarter of last year, to 8.3%, while expectations were to achieve a growth of about 0.3%. In details, sales in the auto and spare parts trade...
View MoreWill PCE decline in April? Turkish Bank meets Thursday Statements by central bank heads on the sidelines of the Davos conference What are the markets waiting for this week? After six weeks of consecutive gains for the US dollar index, the index recorded its first weekly decline when it closed for the last trading sessions last week, with a loss...
View MoreUK retail sales rose by 1.4% in April after declining by about 1.2% in March before being revised down to 1.4% to bring January's numbers better than expected, which had indicated a decline of about 0.3%. In details, sales of food stores rose in April to 2.8%, while sales of non-food stores decreased by 0.6% in April, and sales of...
View MoreThe general index of the US dollar recorded declines by about 1% in mid-European trading today, Thursday, May 19, coinciding with the opening of the US markets, to trade at its lowest level in two weeks at 103.02, directly affected by the decline in US treasury bond yields, in addition to disappointing economic data from the US economy, which supported...
View MoreAustralian labor market data released Thursday morning in the Asian session from the Australian Bureau of Statistics showed that the unemployment rate fell to 3.9% in April from 4% in March, the lowest level since the seventies, in line with expectations, coinciding with the decline in the participation rate in the labor market to 66.3%. On the other hand, the...
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