The Central Bank of England decided to vote by a majority of 8-1 to raise interest rates by a quarter of a point in its meeting moments ago, to reach 0.75%, as is the expectations for the third meeting in a row, while one of the members preferred to maintain the current rates. The bank's monetary policy report stated that...
View MoreIn the European session today, Thursday, March 17th, the Bank of England will announce its monetary policy and interest rates, as expectations indicate that the Bank of England will raise interest rates for the third time in a row by 25 basis points to reach 0.75%. Inflation in the United Kingdom reached its highest level in 30 years in January's...
View MoreAustralian labor market data released Thursday morning in the Asian session from the Australian Bureau of Statistics showed that the unemployment rate decreased to 4% in February from 4.2%, exceeding expectations that indicated a decline to 4.1% despite the high participation rate in the labor market to 66.4%. On the other hand, the economy added about 77,400 thousand jobs in...
View MoreThe US Federal Reserve decided moments before to raise interest rates by a quarter point for the first time since 2018, as expected, to rise to 0.50% with the vote of all members, except for James Pollard, who voted for a 50 basis point hike. Expectations for PCE inflation at 4.3% for the current year, compared to 2.6% in the...
View MoreThe US Federal Reserve, which started its meeting on Tuesday and will announce the results of its meeting at the end of the American session today, Wednesday, March 16, is leading the events of the first quarter of this year, given that it is the meeting that investors have long been waiting for since the middle of last year, because...
View MoreThe three main US stock indices recorded increases from their closing trading session yesterday, Tuesday, as the Dow Jones index gained about 600 points at the close, supported by the declines in crude prices to its lowest levels in two weeks, just hours before the Federal Reserve meeting and determining its monetary policy. The American markets ignored the rise in...
View MoreThe yellow metal recorded declines for the second consecutive session since the beginning of the week today, Monday, March 15th, with the opening of European markets by more than 1%, trading at levels of 1929 dollars per ounce, affected by the high yields on US Treasury bonds, as the yield on 10-year Treasury bonds rose To its highest level since...
View MoreThe Reserve Bank of Australia, in its meeting two weeks ago, issued in the Asian session today, Tuesday, March 15 (March), showed more uncertainty about the outlook after the Russian invasion of Ukraine, and indicated that this invasion will lead to a decline in growth and higher inflation due to the disruptions in energy supplies and high prices. With regard...
View MoreCrude prices are recording strong declines exceeding 3.5% in the middle of today’s trading session, Monday, the opening session of the week, coinciding with the opening of the American markets, where Brent crude is trading at levels of 108.41 dollars a barrel, down by about 3.78%, while American crude (NYMEX) is losing about 4% by trading at levels $104.95 a...
View MoreThe cryptocurrency markets are recording some stability in the middle of the opening session of the week today, Monday, 14 March, amid a clear decline in liquidity, as Bitcoin is trading at levels of 39 thousand dollars and a market value at 740 billion dollars, an increase of about 0.02%, coinciding with anticipation in the markets for the outcome of...
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