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Fundamental analysis

Quarterly inflation reading on the rise in Australia
Foreign currency
image 27 April، 2022

 The Consumer Price Index (CPI), which measures inflation in Australia, recorded a growth of 2.1% in the first quarter of this year ending last March, according to data issued by the Australian Bureau of Statistics this morning, Wednesday, April 27, compared to 1.3% in the fourth and last quarter of Last year came better than the market expectations, which indicated...

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Dogecoin rises more than 15% and leads the rise of cryptocurrencies
Digital currencies
image 26 April، 2022

The majority of cryptocurrencies are recording gains in mid-session trading today, Tuesday, April 26th, with the opening of the American markets, where the Dogecoin leads the gains of cryptocurrencies after recording gains of more than 25% this morning, before retreating and is now trading at a rise of about 15%, trading at levels of 0.1591 dollars, with a value of...

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Durable goods orders lower than market expectations in March
Foreign currency
image 26 April، 2022

 New orders for durable goods recorded growth in March, less than market expectations, according to the report of the US Census Bureau issued today, Tuesday, March 26 (April), where data showed a decline in the March reading to 0.8%, compared to the February reading, which was down by 2.1% and less than market expectations. which indicated an increase of 1%....

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US stocks gain in the opening session and Twitter agrees to Musk’s offer
Market Indicators
image 26 April، 2022

 The three major indices of US stocks recorded gains when they closed the opening session of the week on Monday, April 25th. Support for the technology sector urged the gains of US stocks in the opening session, coinciding with the absence of economic data affecting market movements and anticipation of inflation figures represented in the PCE index, which will be...

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Gold loses levels of 1900 dollars an ounce
metals
image 25 April، 2022

 The yellow metal loses more than 1.20% in the middle of trading today, Monday, the 25th of April (April) and before the opening of the American markets, where gold is trading at levels of $ 1899 an ounce, at the lowest level for the yellow metal in the month of April, affected by the rises of the US dollar since...

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German IFO rises in April and the euro is at its lowest level since March 2020
Foreign currency
image 25 April، 2022

 The Ifo index, which measures confidence in Germany, rose to 91.8 in April surprisingly, compared to 90.8 in the March reading, while it was expected to decline to 88.3, ​​ignoring the impact of the German economy on the effects of the Russian-Ukrainian war. In details, the current situation index rose to 97.2 compared to 97 in March, while the expectations...

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Retail sales are falling in the UK and the British pound is declining
Foreign currency
image 22 April، 2022

 UK retail sales fell by 1.4% in March, compared to a decline of about 0.5% in February's revised reading of 0.3%, while it was expected to decline by about 0.3%. The largest contribution to the decline in March came from retail trade outside stores, which fell by 7.9% in March, while sales of food stores also declined by 1.1%, and...

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Guindos’ comments support the euro’s gains
Foreign currency
image 21 April، 2022

 The euro recorded strong gains exceeding 70 points this morning, Thursday, April 21st, before the opening of the European markets, supported by the statements of the Vice President of the European Central Bank of Spain Luis de Guinhos moments before that the possibility of raising interest rates from the European Central Bank in July is not excluded, but is based...

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Annual inflation rises in New Zealand to its highest level in 32 years
Foreign currency
image 21 April، 2022

 Quarterly inflation in New Zealand recorded a growth in the first quarter of this year ending last March, according to Statistics New Zealand, by 1.8% compared to the same period last year, and compared to 1.4% in the fourth quarter of 2021, but it came below expectations that indicated a rise to 2 % . On an annual basis and...

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Crude gains ahead of US stockpiles statement
Oil markets
image 20 April، 2022

 Crude prices record highs in mid-trading today, Wednesday, April 20, less than an hour before the opening of the US markets, amid anticipation in the markets for the official inventory statement from the US Energy Information Administration, as Brent crude is trading at an increase of about 0.82% at levels of $ 108.13 a barrel, while rising American crude (NYMEX)...

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