Estimates by Eurostat or the Statistical Office of the European Union just before showed that annual inflation in the euro area rose to 8.6% in June in the preliminary reading, compared to 8.1% in the May reading, exceeding expectations that indicated a growth of about 8.5%. The largest contribution to inflation in November came from the energy sector, which rose...
The yellow metal continues to record losses for the fifth consecutive session since the beginning of the week, with the opening of the European markets for the first sessions of the month of July (July) today, Friday, trading at its lowest level in more than 6 weeks, below the levels of 1800 dollars per ounce, with a loss estimated at...
Crude prices are recording rises for the fourth consecutive session since the beginning of the week in mid-trading today, Wednesday, benefiting from fears of supply shortage and lack of supplies, with the continuation of sanctions imposed on Russia, amid anticipation of the official inventory statement, as US crude (NYMEX) is trading at levels of 113.46 dollars a barrel, an increase...
Cryptocurrencies record declines in the middle of today’s trading session, Wednesday, 29th of June, coinciding with a clear decline in risk appetite in the markets before the opening of the American session, as the Bitcoin currency leads these declines by trading below 20 thousand dollars at levels of 19,980 thousand dollars, a decline of about 5.70% with Decline in market...
The general index of the dollar recorded a rise for the second session in a row this morning, Wednesday, 29th of June, in line with the opening of the European markets, where the index, which measures the performance of the dollar against a basket of currencies, is trading at 104.67 levels, up by 0.20%, ignoring the decline in the US...
Despite its rise by about 0.20%, trading at levels of $ 1830 an ounce with the opening of the American markets for today's session, Monday, June 27 (June 27), the yellow metal loses about 0.45% compared to the highest level recorded at the beginning of the European session, after it tested the levels of 1939 dollars, affected by the recent...
Durable goods orders, according to the US Census Bureau report issued a few moments ago, grew in May, better than the market expectations of a growth of 0.7% or 1.9 to reach $267.2 billion on a monthly basis, after a decline of about 0.4%, while expectations indicated its stability without change. Core orders, excluding transportation, also recorded a growth of...
Crude prices are recording strong declines in the middle of the trading session of the European session today, Wednesday, June 22nd, as crude is affected today by the high expectations that US President Joe Biden will support crude prices in the coming period, as BENRT crude loses about 4.15%, trading at levels of 109.90, while US crude is losing (NYMEX)...
The CPI, which measures inflation in the United Kingdom, rose to 9.1% year-on-year in May, compared to 9% in April's reading, matching expectations in the highest reading in the series that began with national statistics in January 1997. The main index, excluding food and energy prices, fell to 5.9% in May from 6.2%, compared to a decline of 6% in...
Retail sales in Canada rose by 0.9% in April, according to a report by Statistics Canada issued just moments ago, to reach $60.7 billion, after declining by about 0.0% in March, exceeding expectations that indicated a growth of about 0.8%, as the growth in April was supported by higher sales in general merchandise stores. By 4.2%. The main index excluded...