01/11/2024
12 July، 2023
In an expected move, the Bank of Canada, in its meeting moments ago, raised the interest rate by 25 basis points to 5% from 4.75%. The interest report issued by the bank stated that the Canadian economy was stronger than expected, and that consumer growth was strong at 5.8% in the first quarter, but the bank expects economic growth to...
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12 July، 2023
Data released moments ago by the Bureau of Labor Statistics in the United States of America showed that the Consumer Price Index (CPI), which measures inflation, rose by 0.2% in June, after rising by 0.1% in May, while expectations were for a rise of 0.3%, while the main index excluded prices. Food and Energy came in at 0.2%, compared to...
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12 July، 2023
. The Reserve Bank of New Zealand decided to keep its monetary policy and interest rates unchanged at 5.50%, as expected at the bank meeting that took place this morning, Wednesday, July 12th, for the first time in nearly two years of tightening monetary policy, which witnessed 12 consecutive increases in interest rates, to stabilize interest levels at their highest...
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11 July، 2023
The ZEW index for measuring business confidence in Germany recorded a decline of about 6.2 points in the July survey, to reach -14.7, while it was expected to decline to -10.7 points. The decline in the index of economic confidence in the largest economy in the euro zone reflected the rise in expectations of rising interest rates in the euro...
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10 July، 2023
The Reserve Bank of New Zealand and the Bank of Canada lead this week's events Markets await US inflation figures Separate economic data After the meeting of the Reserve Bank of Australia, the American labor market numbers, and the minutes of the Federal Reserve meeting, in addition to some separate figures, issued the events of last week, the financial markets...
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7 July، 2023
The report issued by the US Bureau of Labor Statistics moments ago showed that 209,000 jobs were added in June, compared to the addition of 339,000 jobs in the May reading, which came below market expectations that indicated the creation of 224,000 jobs. On the other hand, the unemployment rate declined to 3.6% from 3.7%, matching expectations, coinciding with the...
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6 July، 2023
The US private sector added about 497,000 jobs in June, according to figures released moments ago by the ADP, after adding about 267,000 jobs in the revised May reading, while expectations were for the addition of 226,000 jobs, while the annual wage rate increased by 6.4%. In the details, the commodity production sector added about 124,000 jobs, as the construction...
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4 July، 2023
The Reserve Bank of Australia decided to keep interest rates at current levels unchanged at 4.10%, as expected at the bank's meeting that took place this morning, Tuesday, July 4, to settle at their highest levels since 2012. The bank's interest statement said it wanted more time to assess the impact of previous increases and future economic prospects. Inflation in...
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3 July، 2023
The Australian Reserve leads this week's events Markets are awaiting US labor market numbers Separate economic data After the statements of US Federal Reserve Chairman Jerome Powell, inflation figures in consumer spending, growth from the United States of America, inflation from Australia and Canada, in addition to some separate numbers, topped the events of last week, the financial markets return...
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30 June، 2023
Data released moments ago by the US Bureau of Economic Analysis showed a rise in US personal income by $2.91 billion in May, an increase of 0.4%. The PCE personal consumption expenditures index, the preferred indicator for measuring inflation for the US Federal Reserve, rose by 0.3% on a monthly basis from 0.4%, in contrast. The main index excluding food...
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