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Fundamental analysis

Inventories are on the decline and crude prices are losing gains
Oil markets
image 18 May، 2022

 Crude prices are losing all their gains recorded at the beginning of the session today, Wednesday, May 18th, which exceeded 2% in the morning, coinciding with the rise in optimism due to the easing of the restrictions of the Corona virus in the largest consumer of crude in the world, which supports the rise in demand in the coming period,...

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UK inflation at 9% in April
Foreign currency
image 18 May، 2022

The CPI, which measures inflation in the United Kingdom, rose to 9% on an annual basis in April, compared to 7% in the March reading, less than expectations, which indicated a rise to 9.1, marking the highest reading in the series that began with national statistics in January 1997. On a monthly basis, the consumer price index rose by 2.5%...

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Gains for US stocks at the close, Walmart and Home Depot announce quarterly earnings
Market Indicators
image 18 May، 2022

 The three major US stock indexes regained their gains at the close of the trading session on Tuesday, May 18th, after statements by US Federal Reserve Chairman Jerome Powell, who indicated in his appearance in the Wall Street Journal at the Future of Everything event that there are a number of paths to slow inflation without triggering a recession Economical....

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US retail sales rise, defying expectations, and anticipation of Powell and Fed members’ statements
Foreign currency
image 17 May، 2022

 Data released moments before by the US Census Bureau showed an increase in US retail sales by about 0.9% in April, which was better than the markets expectations that indicated a decline to 0.5%, compared to a decline of about 0.5% before it was adjusted to 1.4% in the March reading, while the annual reading rose to 8.2%, compared to...

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Reserve Bank of Australia meeting minutes
Foreign currency
image 17 May، 2022

The minutes of the Reserve Bank of Australia’s meeting two weeks ago and issued in the Asian session today, Tuesday, showed that the members of the Monetary Policy Committee of the Bank discussed global inflation developments, the ongoing turmoil in global supply chains and commodity price increases after Russia’s invasion of Ukraine, and the members also discussed the economic outlook...

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The yellow metal loses the levels of 1800 dollars for the first time since February
metals
image 16 May، 2022

 Gold is trading at its lowest level since the second of last February, below the levels of $ 1800 per ounce at levels of $ 1797, down by about 0.70% this morning, Monday, May 16 (May), with the opening of the European session, where the selling momentum of the yellow metal increased in the last three sessions and a loss...

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With the absence of central banks, what are the markets waiting for this week (weekly currency report)
Foreign currency
image 16 May، 2022

 The dollar maintains its gains thanks to the state of the safe haven Disappointing Chinese data in the Asian session Euro falls, ignoring expectations of rate hike in July Powell's comments and inflation data from Canada and the United Kingdom are the main events of the week After US inflation figures topped the events of last week, global markets return...

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The US dollar exceeds the 104 levels, ignoring declines in inflation, and the yen is benefiting from its status as a safe haven
Foreign currency
image 12 May، 2022

 The general index of the US dollar is trading at the 104 levels in the middle of the trading session of the European session today, Thursday, May 12 (May), up by about 0.50%, trading at 104.47 levels, the highest level for the index since December 2002, ignoring the inflation declines recorded by the US economy in April, coinciding with the...

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Digital currencies are collapsing, and Solana and Sheba are the most affected
Digital currencies
image 12 May، 2022

 Cryptocurrencies are recording strong declines this morning, Thursday, May 12, coinciding with a clear decline in risk appetite in the markets with the opening of the European session, where the Bitcoin currency leads these declines, trading at levels of 27,457 thousand dollars, down by 9.70%, trading at its lowest level since December 2020 with a decline in the market value...

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UK growth below expectations and the pound at its lowest level in two years
Foreign currency
image 12 May، 2022

 Preliminary figures from the United Kingdom’s National Statistics Office (ONS) showed that the Queen’s gross domestic product (GDP) in the first quarter ending in March increased by 0.8%, less than expectations of a growth of about 1%, with an adjustment to the growth of the fourth quarter of last year, rising to 1.3%. The economy grew by 8.7% on an...

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