The Bank of England decided to vote to raise interest rates by 50 basis points in its meeting moments ago, to reach 2.25%, as expected. The interest report issued by the bank stated that the members of the bank voted by a majority of 5 members to raise interest rates by 50 basis points, while three members voted to raise...
The Swiss National Bank raised interest rates as expected by a large margin at its meeting moments before from -0.25% to 0.50% after raising it by 50 basis points at its June meeting. The bank's interest statement stated that there were renewed inflationary pressures on goods and services that forced the bank to take the step of raising interest rates,...
The markets are awaiting at the end of today’s session, Wednesday, September 21, one of the most important decisions of the month of September, which is the meeting of the US Federal Reserve, which is expected to announce its monetary policy and interest rates, in addition to its quarterly report on its expectations for growth and inflation and the dot...
The CPI in Canada recorded a growth of about 7% in August on an annual basis, according to figures released moments ago, compared to 7.6% in the July reading, which came less than expectations, which indicated a rise to 8%, recording a decline for the second month in a row, supported largely by the decline in gasoline prices. In August,...
Crude prices are recording increases of more than 2% with the opening of the European markets for the session today, Monday, the fifth of September, the opening session of the week, and there is anticipation in the markets for the meeting of the Organization of Petroleum Producing Countries (OPEC) and its independent allies from outside the organization, led by Russia,...
The report issued by the United States Bureau of Labor Statistics a moment ago showed that 528 thousand jobs were added in July, compared to the addition of 398 thousand jobs in the revised reading for the month of June, to come in better than the market expectations that indicated the creation of jobs estimated at 250 thousand jobs. On...
The Bank of England decided to vote to raise interest rates by 50 basis points in its meeting moments ago, to reach 1.75%, as expected for the sixth consecutive meeting, in the largest rate increase in 27 years. The interest report issued by the bank stated that the members of the bank voted by 8-1 to raise interest rates by...
The Bank of England meets today, Thursday, in the middle of the European session, to discuss monetary policy developments and raise interest rates, as attention is directed towards the largest increase that the market will witness to interest in England in a quarter of a century by 50 basis points to reach 1.75% compared to 1.25% currently. The Bank of...
The three major US stock indexes recorded gains at the close of the trading session yesterday, Wednesday, August 3, as the Dow Jones Industrial Average recorded its largest daily gain in a week, as companies and financial institutions continued to announce their quarterly profits for the second quarter of this year and recorded results that exceed expectations. The major technology...
Crude prices shifted from red to red in the middle of today's trading session, Wednesday, August 8, coinciding with the opening of the American markets, where the OPEC + system agreed to increase production by about 100,000 barrels, starting from next September. The Organization of the Petroleum Exporting Countries and its allies, independent producers outside the organization, led by Russia,...