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Fundamental analysis

Annual inflation in Canada at its highest level since January 1991 in March
Foreign currency
image 20 April، 2022

 The CPI in Canada recorded a growth of about 6.7% in March on an annual basis, according to the figures released a few moments ago, compared to 5.7% in the February reading, to come better than expectations that indicated a decline to 4.9%, recording the largest annual increase since January 1991. In contrast, the CPI rose The main index, excluding...

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US stocks rise, supported by business results, and Netflix loses more than 25% in post-closing trading
Market Indicators
image 20 April، 2022

 The three major indices of US stocks ended the trading session yesterday, Tuesday, April 19 (April) with strong gains, benefiting from the results of companies and financial institutions for the first quarter of this year, which they began to disclose since the beginning of last week, amid the absence of economic data affecting market movements. The results of Johnson &...

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The Japanese yen is at its lowest level in twenty years and the dollar continues to rise
Foreign currency
image 19 April، 2022

The Japanese yen continues to decline in the middle of the trading session of the European session today, Tuesday, April 19th, recording new lows against the US dollar, as it trades at 128.30 levels, the lowest level for the Japanese yen since April 2002, ignoring the gains of the US dollar and taking advantage of the statements of the Governor...

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Cryptocurrencies continue to decline, and the market value is below $2 trillion
Digital currencies
image 18 April، 2022

 Digital currencies turn red at the beginning of the week, Monday, April 18, as the most expensive digital currency in the world (Bitcoin) leads the declines, with a loss estimated at about 3.41%, to trade at levels of 38.934 thousand dollars, coinciding with a decline in the market value to 740 billion dollars, to trade in the lowest level in...

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The Chinese economy grew by 4.8% in the first quarter
Foreign currency
image 18 April، 2022

 The gross domestic product in China, the second largest economy in the world, recorded a growth of about 4.8% in the first quarter of this year, according to data released this morning, Monday, April 18, by the National Bureau of Statistics, compared to a growth of about 4% in the fourth quarter of last year, better than Market expectations, which...

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US retail sales missed expectations in March
Foreign currency
image 14 April، 2022

 Data released moments before by the US Census Bureau showed an increase in US retail sales last month, but below market expectations, as sales rose by about 0.5% in March, compared to an increase of about 0.8% in the revised February reading, while expectations indicated a rise by 0.6%. Core sales, excluding car prices, recorded a growth in March of...

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The European Central Bank keeps interest rates unchanged and all eyes are on the press conference
Foreign currency
image 14 April، 2022

 The European Central Bank decided, in its meeting moments ago today, Thursday, April 14, to keep the current zero interest rates unchanged, as expected, as it announced that it would end the asset purchase program during the third quarter of this year. The bank's interest statement stated that the Russian invasion of Ukraine is causing enormous suffering to the European...

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Australian labor market data misses expectations in March
Foreign currency
image 14 April، 2022

 The Australian labor market data issued this morning, Thursday, in the Asian session by the Australian Bureau of Statistics, showed that unemployment rates remained stable at 4% in March, compared to expectations that it would decline to 3.9%, coinciding with the stability of the labor market participation rate at 66.4%. On the other hand, the economy added about 17.900 thousand...

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The Canadian central bank raises interest rates by half a point, as expected As expected
Foreign currency
image 13 April، 2022

, the Bank of Canada decided, in its meeting moments before, to raise interest rates by 50 basis points for the second month in a row, to reach 1%, compared to 0.50%. The balance sheet will decrease over time. The interest statement issued by the bank stated that economic growth in Canada is strong and that wage rates are returning...

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UK inflation at 7% in March
Foreign currency
image 13 April، 2022

 The CPI, which measures inflation in the United Kingdom, rose to 7% on an annual basis in March, compared to 6.2% in the February reading, exceeding expectations that indicated a rise to 6.7%, the highest reading in the series that started from the national statistics in January 1997. The main index, excluding food and energy prices, rose to 5.7% in...

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