The general index of the US dollar is trading on the rise for the second consecutive session with the beginning of the European session today, Wednesday, the second of February, taking advantage of its position as one of the most important safe assets in the markets, to trade at its highest level since July 2020 at levels of 97.65, amid...
View MoreUS stocks incurred strong losses when they closed the trading session yesterday, Tuesday, the first of March, as the Dow Jones index lost nearly 600 points at the close, with the escalation of tensions and the war between Russia and Ukraine, and speculation that Russia is close to entering the Ukrainian capital, Kyiv, after it intensified its bombing. Kharkiv is...
View MoreThe Australian economy recorded a growth in GDP growth by about 3.4% in the fourth and final quarter of last year 2021 that ended in December, compared to a decline in growth in the third quarter by about -1.9%, while expectations indicated a growth of about 3.5%, on an annual basis. The total will reach 4.2% in 2021. This improvement...
View MoreBitcoin is the most expensive digital currency in the world, the digital currency gains recorded since the beginning of the week yesterday, Monday, and continue with the beginning of the European session today, the first Tuesday in March, where the Bitcoin rise by about 14.50%, recording the largest daily gain since the beginning of the year, to regain the levels...
View MoreThe Reserve Bank of Australia kept its monetary policy and current interest rates at 0.10% unchanged at the Bank's meeting held this morning, Tuesday, the first of March, as expected. The bank's interest statement said that the global economy continues to recover from the pandemic, but the war in Ukraine has become a major new source of uncertainty as energy...
View MoreCrude prices recorded increases of more than 5% at the beginning of the week today, Monday, February 28, with the opening of the European markets, where the American crude (NYMEX) is trading at levels of $ 96.16 a barrel, an increase of about 4.98%, while Brent crude is up by about 4%, trading at levels of $101.92 a barrel, coinciding...
View MoreThe Russian-Ukrainian crisis hits the market again What are we waiting for this week? Strong guilds at the opening Investors and market sentiment continue to focus on the Russian-Ukrainian crisis, which returned to the upside at the beginning of the week, Monday, the opening session of the week, after the Russian President lifted the state of nuclear alert in conjunction...
View MoreData from the Bureau of Economic Analysis released a few moments ago showed an increase in the personal income rate by $9 billion, down by 0.1% in January, compared to 0.4% in the revised December reading (expectations at -0.3%). In contrast, personal consumption expenditures rose by $337.2 billion. By 2.11.3% compared to the December reading. The personal consumption expenditures price...
View MoreThe dollar, oil and gold are the biggest beneficiaries, and strong declines in the digital currency and stock markets Russian President Vladimir Putin announced in a speech to the Russians that he had decided to carry out a special military operation in Donbass, Ukraine. He stated that the current circumstances require us to act decisively and immediately, stressing that his...
View MoreThe Reserve Bank of New Zealand decided, in its meeting this morning, Wednesday, in the Asian session, to raise interest rates by a quarter point, or 25 basis points, to become 1%, as expected. In a statement, the bank stated that some economic turmoil is expected in the short term in light of the spread of Omicron and that inflation...
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