07/06/2025
13 May، 2025
Data released just moments ago by the U.S. Bureau of Labor Statistics showed that the Consumer Price Index (CPI), a measure of inflation, rose 0.2% in April after declining by about 0.1% in March, falling short of expectations for a 0.3% increase. The core CPI, which excludes food and energy prices, rose 0.2% compared to 0.1% in March, matching expectations....
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13 May، 2025
After declining in April, the ZEW Business Sentiment Index in Germany rose by 39.2 points in the May survey to 25.2, from -14 in April, better than expectations of a rise to 10.7. The index rose in May despite a 0.8-point decline in the assessment of the current economic situation in Germany, to -82, the lowest reading among all eurozone...
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13 May، 2025
Asian markets closed higher on Tuesday, May 13, with the exception of the Hang Seng Index of the Hong Kong Stock Exchange, which snapped an eight-session winning streak. Japan's Nikkei Index posted gains for the fourth consecutive session, supported by Wall Street's gains of more than 3%, fueled by optimism about a deal with China. The world's two largest economies...
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12 May، 2025
The world's two largest economies, the United States and China, announced an agreement to temporarily halt their trade war by suspending tariffs imposed by both sides for 90 days. Under the agreement, China will reduce tariffs imposed on the United States from 125% to 10%, while the United States will reduce its tariffs on Chinese goods from 145% to 30%....
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9 May، 2025
The Canadian economy added 7,400,000 jobs in April, according to data released just moments ago by Statistics Canada, compared to a loss of approximately 32,000 jobs in March and February, better than expectations of approximately 4,000 jobs. Meanwhile, the unemployment rate rose 0.2% to 6.9% in April, compared to 6.7% in March. Expectations had been for a rise to...
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9 May، 2025
Cryptocurrencies are recording collective gains in mid-day trading on Friday, May 9, benefiting from increased risk appetite in the markets following a trade agreement between the United States and the United Kingdom. The world's most valuable digital currency, Bitcoin, has reclaimed the $100,000 level for the first time since early February, while Ethereum is recording gains over 20%. US President...
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8 May، 2025
The three major US stock indices recorded gains at the opening of trading today, Thursday, May 8, supported by positive news regarding a trade agreement between the United States and the United Kingdom. This was amid a lack of strong economic indicators from the US economy, and markets were anticipating Trump's press conference in less than an hour to clarify...
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8 May، 2025
The Bank of England voted 5-4 to cut interest rates by 25 basis points to 4.25%, as expected, at its meeting just moments ago. Two members favored a 50 basis point cut, and two members preferred to keep rates unchanged at 4.50%. The Bank's interest rate report stated that inflation remained generally low, with the consumer price index reaching 2.6%...
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7 May، 2025
The US Federal Reserve decided, at its meeting, which concluded and was announced just moments ago, by unanimous vote, to keep interest rates unchanged at 4.5%, as expected, for the third consecutive meeting. The statement indicated that the Committee seeks to maximize employment and achieve a long-term inflation rate of 2%, and that uncertainty regarding the economic outlook has increased....
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7 May، 2025
Crude oil prices fell by more than 1% in mid-US trading on Wednesday, May 7, reversing gains from the Asian session and early European session. This was due to a rebound in risk appetite and investors' focus on the US-China trade talks. Market concerns over supply and rising production returned to dominate investor sentiment hours before the Federal Reserve meeting....
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