The report issued by the United States Bureau of Labor Statistics a moment ago showed that 390 thousand jobs were added in May, compared to the addition of 428 thousand jobs in April, to come better than the market expectations, which indicated the creation of jobs estimated at 325 thousand jobs. On the other hand, unemployment rates stabilized at 3.6%,...
Crude prices returned to rise in the middle of the session today, Thursday, the second of June, with the opening of the American markets, after it was trading in the red color, and losing more than 2%, after news that the Organization of the Petroleum Exporting Countries and independent allies outside the organization agreed to increase crude production in July...
The American private sector added about 128 thousand jobs in May, according to the figures released a few moments ago by the ADP, after adding about 202 thousand jobs in the revised April reading of 247 thousand, while expectations indicated the addition of 295 thousand jobs. In details, the commodity production sector added about 24 thousand jobs, while the manufacturing...
The Bank of Canada decided in its meeting moments before to raise interest rates by 50 basis points to reach 1.50%, as expected. The interest report from the Bank stated that the Canadian economy is strong, as the gross domestic product grew by about 3.1% in the first quarter, in line with the monetary policy report issued in April. The...
For the second month in a row, the yellow metal ended May with a monthly decline and a loss estimated at 3.6% when it closed the session yesterday, Tuesday, at levels of $ 1836 an ounce. $ 1828 an ounce at the lowest level for the metal in two weeks. The metal has been affected since the beginning of the...
The Central Bank of Canada is heading to raise interest rates by 50 basis points to reach 1.50% at its meeting this evening, Wednesday, the first of June (June) for the second month in a row, in the first increase of its kind in two decades and for the third month in a row in terms of raising interest rates...
The Australian economy recorded a growth in GDP growth of about 0.8% in the first quarter of this year 2022 ending in March, compared to a growth in the third quarter of about 3.4% before it was adjusted to 3.6%, while expectations were indicating a growth of about 0.6%, based on Annually, the gross domestic product rose to 3.3% compared...
Canada's gross domestic product rose by 0.7% in March, according to data released moments before by Statistics Canada, after a growth of about 0.9% in February, to come in better than expectations (0.5%), while the economy recorded a growth of 3.1% on a quarterly basis in the first quarter.This year, compared to 6.6% in the last quarter, which is below...
Crude prices continue to rise in the middle of the European trading session for today, Tuesday, May 31 (May) for the fifth session in a row, to trade at their highest levels since last March, as crude prices receive support from the European Union’s ban on most Russian oil imports, reaching two-thirds of oil imports yesterday, Monday in The framework...
Estimates by Eurostat or the Statistical Office of the European Union just before showed that annual inflation in the euro area rose to 8.1% in May in the preliminary reading, recording its highest level in history, compared to 7.4% in the April reading, exceeding expectations that indicated a growth of about 7.7%, the monthly reading The index, in turn, increased...