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Fundamental analysis

Three central banks lead this week’s events (weekly currency report)
Foreign currency
image 14 March، 2022

A look at the main events of the past week The US Federal Reserve is set to raise interest rates Expectations of the third rate hike by the Bank of England We will follow up on different data during the week After US inflation data and the European Central Bank meeting topped the events of last week, attention is turning...

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The Canadian economy added 337,000 jobs in February, and the unemployment rate is the lowest since May 2019
Foreign currency
image 11 March، 2022

 The Canadian economy added 337 thousand jobs in February, according to data released a few moments ago by Statistics Canada, an increase of about 1.8%, after losing 200 thousand jobs in January, better than expectations that indicated the addition of about 132 thousand jobs. On the other hand, the unemployment rate declined to 5.5%, a decrease of 1%, compared to...

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The Japanese yen is at a five-year low, and the euro is losing ground against the dollar
Foreign currency
image 11 March، 2022

The US dollar is trying to return to recording weekly gains by the end of trading today, Friday, March 11th, the last day of this week, as the general index of the US dollar is trading at 98.55 levels, close to the weekly opening prices, rising by more than 0.50% after the US inflation data, which came in the highest...

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Annual inflation in the United States of America at its highest level in forty years
Foreign currency
image 10 March، 2022

Data released moments before by the Bureau of Labor Statistics in the United States showed that the CPI, which measures inflation, rose by 0.8% in February, after rising by about 0.6% in January, in line with expectations, while the main index, excluding food and energy prices, declined to 0.5% compared to By 0.6% in January. On the other hand, the...

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The European Central Bank keeps interest rates unchanged
Foreign currency
image 10 March، 2022

The European Central Bank decided to keep the current zero interest rates unchanged, as expected, while announcing that it would announce an acceleration of the easing of quantitative easing. According to the bank's interest statement, the Russian invasion of Ukraine is a turning point for Europe and based on the bank's assessment, the bank has revised the purchase schedule of...

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All eyes are on the European Central Bank meeting and US inflation data
Foreign currency
image 10 March، 2022

 Attention is turning this evening, Thursday, March 10th, towards the two most important events this week, as the European Central Bank will hold its regular meeting today, Thursday, while the United States of America will announce inflation figures for the month of February. European Central Bank Members of the European Central Bank meet this evening to discuss monetary policy and...

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US stocks rebound, Amazon announces stock split
Market Indicators
image 10 March، 2022

 US stocks recorded strong gains at the end of trading yesterday, Wednesday, March 10th, as the S&P 500 index recorded its best daily performance since June 2020, as shares benefited from the rise in risk appetite in the markets due to optimism about the Ukrainian-Russian talks that will take place today, which supported Crude prices fell from their highest levels....

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The yellow metal is retreating from its highest level in a year and a half
metals
image 9 March، 2022

 Gold loses during today’s session, Wednesday, the ninth of March, in the middle of the European session and before the opening of the American markets, about 2.15%, and is trading at levels of $ 2008 per ounce, to lose more than $ 55 compared to the highest level recorded by the yellow metal during yesterday’s trading at $ 2069 per...

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Inflation in China stable in February
Foreign currency
image 9 March، 2022

 Data from the National Bureau of Statistics in China showed that the annual consumer price index, which measures inflation, was stable at 0.9% in February, unchanged compared to January's reading, as the inflation rate in major factories recorded the slowest pace of growth in eight months. On the other hand, the Producer Price Index (PPI) in China rose to 8.8%,...

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Bitcoin is trying to get back the $40,000
Digital currencies
image 8 March، 2022

 The most powerful digital currency in the world (Bitcoin) is striving to regain the levels of 40 thousand dollars in the middle of trading today, Tuesday, the eighth of March (March), with increases of more than 2% after declines for four consecutive sessions, to trade at levels of 39,087 thousand dollars, an increase of about 2.38% and an increase in...

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