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...
View MoreThe 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...
View MoreThe 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...
View MoreData 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...
View MoreThe 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...
View MoreAttention 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...
View MoreUS 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....
View MoreGold 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...
View MoreData 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%,...
View MoreThe 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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