, 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, fell by 0.1% in November, compared to 0.4% in October, which came below expectations, which indicated a decline to 0.3%, while the main index, excluding prices, declined. Food and energy rose to 0.2%...
Preliminary figures from the United Kingdom's Office for National Statistics (ONS) showed that the UK's GDP grew by 0.5% in October, after a 0.6% decline in September, while expectations were for a growth of 0.4%. On the other hand, the economy recorded a growth of 0.3% on a quarterly basis in the three months ending in October, compared to the...
The Reserve Bank of Australia raised interest rates by 25 basis points, to reach 10.3%, as expected at the bank meeting that took place this morning, Tuesday, December 6, in the last meeting of the current year, bringing interest levels to their highest levels since 2012. And the interest statement issued by the bank stated that inflation in Australia is...
Crude prices recorded gains in the opening session of the week today, Monday, December 5, with the opening of the European session, despite the reduction of gains that exceeded 2% at the beginning of the Asian session, as crude benefits from the results of the meeting of OPEC and independent producer allies outside the organization, led by Russia, which kept...
The report issued by the United States Bureau of Labor Statistics moments ago showed that 263,000 jobs were added in November, compared to the addition of 261,000 jobs in the October reading, better than market expectations that indicated the creation of jobs estimated at 200,000 jobs. On the other hand, unemployment rates stabilized at 3.7%, matching expectations, coinciding with a...
The US dollar records strong declines for the second session in a row, with the opening of the European session today, Thursday the first of December, as the general index of the US dollar tested levels of 105.25, recording declines of 0.70% in the Asian session, after losing more than 1% from its high level yesterday, Wednesday. Jerome Powell's statements...
The US private sector added about 127,000 jobs only in November, according to figures issued moments ago by the ADP, after adding about 239,000 jobs in the October reading, while expectations were for the addition of 196,000 jobs. In the details, the commodity production sector lost about 86,000 jobs, after the manufacturing sector lost about 100,000 jobs, and the construction...
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...