Will PCE decline in April? Turkish Bank meets Thursday Statements by central bank heads on the sidelines of the Davos conference What are the markets waiting for this week? After six weeks of consecutive gains for the US dollar index, the index recorded its first weekly decline when it closed for the last trading sessions last week, with a loss...
UK retail sales rose by 1.4% in April after declining by about 1.2% in March before being revised down to 1.4% to bring January's numbers better than expected, which had indicated a decline of about 0.3%. In details, sales of food stores rose in April to 2.8%, while sales of non-food stores decreased by 0.6% in April, and sales of...
The general index of the US dollar recorded declines by about 1% in mid-European trading today, Thursday, May 19, coinciding with the opening of the US markets, to trade at its lowest level in two weeks at 103.02, directly affected by the decline in US treasury bond yields, in addition to disappointing economic data from the US economy, which supported...
Australian labor market data released Thursday morning in the Asian session from the Australian Bureau of Statistics showed that the unemployment rate fell to 3.9% in April from 4% in March, the lowest level since the seventies, in line with expectations, coinciding with the decline in the participation rate in the labor market to 66.3%. On the other hand, the...
Crude prices are losing all their gains recorded at the beginning of the session today, Wednesday, May 18th, which exceeded 2% in the morning, coinciding with the rise in optimism due to the easing of the restrictions of the Corona virus in the largest consumer of crude in the world, which supports the rise in demand in the coming period,...
The CPI, which measures inflation in the United Kingdom, rose to 9% on an annual basis in April, compared to 7% in the March reading, less than expectations, which indicated a rise to 9.1, marking the highest reading in the series that began with national statistics in January 1997. On a monthly basis, the consumer price index rose by 2.5%...
The three major US stock indexes regained their gains at the close of the trading session on Tuesday, May 18th, after statements by US Federal Reserve Chairman Jerome Powell, who indicated in his appearance in the Wall Street Journal at the Future of Everything event that there are a number of paths to slow inflation without triggering a recession Economical....
Data released moments before by the US Census Bureau showed an increase in US retail sales by about 0.9% in April, which was better than the markets expectations that indicated a decline to 0.5%, compared to a decline of about 0.5% before it was adjusted to 1.4% in the March reading, while the annual reading rose to 8.2%, compared to...
The minutes of the Reserve Bank of Australia’s meeting two weeks ago and issued in the Asian session today, Tuesday, showed that the members of the Monetary Policy Committee of the Bank discussed global inflation developments, the ongoing turmoil in global supply chains and commodity price increases after Russia’s invasion of Ukraine, and the members also discussed the economic outlook...
Gold is trading at its lowest level since the second of last February, below the levels of $ 1800 per ounce at levels of $ 1797, down by about 0.70% this morning, Monday, May 16 (May), with the opening of the European session, where the selling momentum of the yellow metal increased in the last three sessions and a loss...