Crude prices are recording highs in the middle of the trading session of the European session today, Wednesday, March 23, amid volatile transactions, as US crude (NYMEX) rises by about 0.70%, trading at levels of 110.04 dollars per barrel, while Brent crude rises by about 0.74% and trades at levels of 115.34 dollars per barrel amid The markets are awaiting...
View MoreThe Consumer Price Index (CPI), which measures inflation in the United Kingdom, rose to 6.2% on a normal basis in February, compared to 5% in January's reading, exceeding expectations that indicated a rise to 6%, recording the highest reading in the series that started from national statistics in January 1997. The main index, excluding food and energy prices, rose to...
View MoreThe cryptocurrency markets are recording collective gains in the middle of the trading session today, Tuesday, March 22nd, and before the opening of the American markets, as Bitcoin rises by more than 3%, while the Ethereum currency regained the levels of 3 thousand dollars for the first time in two weeks, with support from the rise in the market value...
View MoreThe US dollar recorded gains of about 0.50% this morning, Tuesday, March 22nd, with the opening of the European markets, to trade the general index concerned with measuring the movement of the dollar against a basket of currencies (Dollar Index) at levels of 98.90, recording strong increases for the second consecutive session, supported by the statements of the President of...
View Mores The Dow Jones Industrial Average lost more than 200 points when it closed the opening session of the week yesterday, Monday, March 21st, after the statements of US Federal Reserve Chairman Jerome Powell during the session pressured US markets, as Powell confirmed that the bank is ready to go to any extent of tightening in order to address inflation....
View MoreCrude prices record increases of more than 4% in the middle of the European session trading today, Monday, March 21 At levels of 109.14 dollars per barrel, an increase of about 4.24%, coinciding with the rising fears in the markets that the European Union countries will join the United States of America in the plan to ban Russian oil. European...
View MoreA look at the main events of the past week The US dollar recorded its first weekly loss since the beginning of February The Russian-Ukrainian war returns to the fore with the rise in confrontations UK inflation and Swiss bank meeting to head the week's events Statements by Jerome Powell, Lagarde and Bailey this week After major events and dates...
View MoreRetail sales in Canada increased by 3.2% in January, according to a report by Statistics Canada, issued just moments ago, to reach $58.9 billion, after declining by about 1.8% in December, exceeding expectations that indicated a growth of about 2.4%. The growth in January was supported by the increase in sales in the auto sector and parts Spare parts increased...
View MoreThe Bank of Japan decided at its meeting that ended this morning, Friday, March 18th, to keep monetary policy unchanged, as the bank members voted 8-1 to keep the current negative interest rates at -0.10% in addition to maintaining the 10-year bond yield at 0 % . The bank is buying ETFs at 12 trillion yen and J-REITs at 180...
View MoreCrude prices are recording strong increases today, Thursday, March 17th, with the opening of the American markets, as Brent crude rises by about 6.95%, trading at levels of 104.84 dollars a barrel, while the American crude (NYMEX) is trading at levels of 101.15 dollars, an increase of about 6.43%. Crude is receiving support from the statements of the International Energy...
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