For the third month in a row, the Monetary Policy Board of the Reserve Bank of Australia decided to maintain monetary policy and interest rates at 4.10%, as expected at the bank's meeting that took place on Tuesday morning, the fifth of September. And the interest statement issued by the bank stated that interest rates have increased by 4% since...
View MoreThe report issued by the United States Bureau of Labor Statistics moments ago showed that 187,000 jobs were added in August, compared to the addition of 157,000 jobs in July, after being revised from 187,000 to come in better than market expectations, which indicated job creation estimated at 170,000 jobs. On the other hand, unemployment rates rose to 3.8 from...
View MoreData released moments ago by the US Bureau of Economic Analysis showed a rise in US personal income by $45 billion in July, an increase of 0.2%. The PCE index, the preferred indicator for measuring inflation for the US Federal Reserve, stabilized at 0.2% on a monthly basis. On the other hand, the main index rose. Excluded from food and...
View MoreEstimates by Eurostat, or the Statistical Office of the European Union, issued a few moments ago, showed that the annual inflation rate in the eurozone was stable at 5.3% in August, in the preliminary reading, the same as July, while expectations were for a slowdown of 5.1%. In the details, prices in the energy sector declined at an annual rate...
View MoreThe US private sector added about 177,000 jobs in August, according to figures issued moments ago by the ADP, after adding about 371,000 jobs in the revised July reading, while expectations were for the addition of 194,000 jobs, while the annual wage rate increased by 5.9%. In the details, the commodity production sector added about 23,000 jobs, as the construction...
View MoreFigures released in the Asian session this morning, Wednesday, August 30, from the Australian Institute of Statistics (ABS) showed that the consumer price index, which measures inflation in Australia, increased by 4.9% on an annual basis in July, compared to 5.4% in June, which came below expectations that indicated a slowdown by 5.2%, while it rose The main index, from...
View MoreThe general index of the US dollar is trading at an increase of about 0.24%, at the beginning of the trading session today, Friday, August 25th, in the closing session of the week, at 104.15 levels, in an increase for the second session in a row, after gains of 0.60% yesterday, Thursday, to trade at its highest level since the...
View MoreThe general US dollar index is trading at its highest level in two months at 103.40, up for the fourth consecutive session since the beginning of the week, benefiting from the high market expectations of continued tightening of monetary policy by the US Federal Reserve after the minutes of its previous meeting yesterday, Wednesday, and the rise in US Treasury...
View MoreAustralian unemployment rates rose in July to 3.7% from 3.5%, according to figures issued by the Australian Bureau of Statistics (ABS) at the beginning of the Asian session today, Thursday, while expectations were for an increase to 3.6%, with a decrease in the participation rate in the labor market to 66.7% from 66.8%. The Australian economy lost about 14,600 thousand...
View MoreThe consumer price index in the United Kingdom, which measures inflation, grew by 6.8% in the 12 months ending in July, compared to 7.9% in June, marking the lowest pace of growth since February 2022, according to figures issued by the UK Statistics Office (ONS) moments ago, while expectations were To a slowdown of 6.7%, while inflation rose on a...
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