Inflation in the euro area and expectations of a new record Bank of Canada tightening between 50 basis points and 75 basis points US economy and NFP numbers by the end of the week miscellaneous economic data After many data such as the New Zealand Central Bank meeting, the US Federal Reserve minutes and PCE data, the events of last...
Data released moments before by the US Bureau of Economic Analysis showed an increase in US personal income by $89.3 billion in April by 0.4%, while the PCE, the preferred indicator for measuring inflation, increased by 0.9% on a monthly basis, by $152.3 billion, compared to 1.1 % in the March reading. The annual index fell to 6.3% in April,...
الترجمة طويلة جدًا ولا يمكن حفظها. The negative data issued by the American economy, represented by the contraction of the American economy in the first quarter of this year, supported the revised reading of the American stock markets, as the Dow Jones Industrial Average jumped more than 500 points, rising for the fifth consecutive day, amid continuing to disclose the...
After the minutes of the US Federal Reserve meeting were announced two weeks ago, yesterday, Wednesday, the markets are awaiting the revised reading of US GDP growth, which will be released today in the American session, before the inflation data is announced, represented by the PCE index or the personal consumption expenditures index, the Fed’s preferred indicator for measuring inflation....
The general index of the US dollar recorded increases of more than 0.50% today, Wednesday, moments before the opening of the US markets, after continuous declines since the beginning of the week, amid anticipation in the markets for the US Federal Reserve minutes at the end of the session. New orders for durable goods rose in April, according to the...
Crude prices recorded highs in mid-European trading today, Wednesday, May 25th, amid anticipation in the markets for the official US inventories statement from the US Energy Information Administration, as Brent crude rose by about 1.11%, trading at levels of 114.81 dollars per barrel, while US crude (NYMEX) is trading at Levels of 110.98 dollars per barrel, up by 1.10%. The...
As expected, the Monetary Policy Committee of the Reserve Bank of New Zealand (RBNZ) decided to raise the official interest rates (OCR) by 0.50% to 2% at its meeting today, Wednesday, May 25th in the Asian session, with the Committee stressing that it is still appropriate to continue tightening monetary policy at a rapid pace to maintain price stability. and...
Members of the Monetary Policy Committee of the Reserve Bank of New Zealand, led by Adrian Orr, will meet tomorrow morning, Wednesday, in the Asian session, to discuss monetary policy developments and interest rates for the coming period, as markets expect an increase in interest rates by 50 basis points to reach 2% at the highest interest level since 2016...
Risk appetite improved in the markets, and currencies and assets of safe havens were subjected to selling pressure since the beginning of the week yesterday, Monday, while currencies and high-risk assets rose, as the Dow Jones Industrial Average rose more than 600 points when it closed the opening session of the week yesterday, Monday, causing damage to the US dollar,...
Total retail sales in New Zealand in the first quarter of this year ended last March decreased by 0.5%, with a total of 133 million dollars, compared to the revised reading of the fourth quarter of last year, to 8.3%, while expectations were to achieve a growth of about 0.3%. In details, sales in the auto and spare parts trade...