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العربية (ar)العربية

Fundamental analysis

Crude prices rise and OPEC+ postpones its meeting
Oil markets
image 28 November، 2024

 Crude prices record increases of more than 0.50% with the opening of European markets for today's session, Thursday, November 28, despite the sudden increase in gasoline inventories last week, according to the US Energy Information Administration report issued yesterday, Wednesday, hours before the markets close early today due to the Thanksgiving holiday in the United States of America, as US...

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Reserve Bank of New Zealand cuts interest rates by 50 basis points
Foreign currency
image 27 November، 2024

 The Reserve Bank of New Zealand's Monetary Policy Committee (RBNZ) decided to cut the official cash rate (OCR) by 0.50% to 4.25% at its meeting this morning, Wednesday, November 27, as expected, for the third consecutive time. The statement issued by the bank indicated that annual consumer price inflation is declining and is now close to the midpoint of the...

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German IFO Declines in November, European Inflation Figures Await
Foreign currency
image 25 November، 2024

 The IFO index, which measures confidence in Germany, declined to 85.7 in November compared to 86.5 in October, while expectations indicated a decline to 86.1, affected by a decline in the assessment of the current economic situation and a decline in the expectations index. In detail, the index, which is based on a survey of about 9,000 companies in the...

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Bitcoin approaches the $100,000 barrier as positive momentum for digital currencies continues
Digital currencies
image 24 November، 2024

 Cryptocurrency markets continue to record collective gains, with Bitcoin leading these continuous increases since the end of the US elections and the announcement of the victory of Republican candidate Donald Trump, as Bitcoin reduces its increases and trades at levels of $98,000, down 0.20% today, Sunday, while recording weekly gains of more than 7% and recording gains of about 40%...

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Inflation in Australia rises to 5.2% in August
Foreign currency
image 27 September، 2023

 Figures issued in the Asian session this morning, Wednesday, September 27, from the Australian Institute of Statistics (ABS) showed an increase in the consumer price index, which measures inflation in Australia, by 5.2% on an annual basis in August, compared to 4.9% in July, to match expectations, while the basic index, excluding volatile elements, rose. Fuel and food supplies increased...

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The Australian labor market is recovering and it was announced that 64,000 jobs were added in August
Foreign currency
image 14 September، 2023

 Australian unemployment rates stabilized in August at 3.7%, according to figures issued by the Australian Bureau of Statistics (ABS) at the beginning of the Asian session on Thursday, matching expectations with the labor market participation rate rising to 67% from 66.9%. The Australian economy added about 64,900 jobs in August, bringing the total number of employment to 14,107,900 million jobs,...

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Annual inflation in the United States of America reached 3.7% in August
Foreign currency
image 13 September، 2023

 Data issued moments ago by the Bureau of Labor Statistics in the United States of America showed that the Consumer Price Index (CPI), which measures inflation, rose by 0.6% in August, after a rise of 0.2% in July, which was in line with expectations, while the core index, excluding food and energy prices, came in at 0.3% compared to With...

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The UK economy contracted by 0.5% in July
Foreign currency
image 13 September، 2023

Preliminary figures from the Office of National Statistics in the United Kingdom (ONS), issued moments ago, showed a decline in GDP growth in the United Kingdom in July, shrinking by 0.5% compared to growth of 0.5% in June, while expectations were for a decline of 0.2%. On the other hand, the economy recorded growth. By 0.2% in the three months...

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Canada announces the addition of 40,000 jobs in August
Foreign currency
image 8 September، 2023

 The Statistics Department in Canada announced the addition of the Canadian economy to 40,000 jobs in August, an increase of 0.2% compared to the loss of 6 thousand jobs in July, while expectations were to add 19 thousand jobs. On the other hand, unemployment rates stabilized at 5.5% after three months of successive increases, while expectations indicated their increase to...

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The Australian economy grew by 0.4% in the second quarter
Foreign currency
image 6 September، 2023

The Australian economy recorded a growth in GDP growth, according to the Australian Bureau of Statistics, abs, by about 0.4% in the second quarter of this year 2023 ending in June, compared to a growth in the first quarter of this year by about 0.4% in the revised reading from 0.2% to match expectations. On an annual basis, GDP rose...

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