05/11/2024
3 February، 2022
The Central Bank of England decided unanimously to vote to raise interest rates by a quarter point in its meeting moments ago, to reach 0.50%, as is the expectations for the second meeting in a row. He follows The interest report issued by the bank stated that the members of the bank all voted to raise interest rates, but there...
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3 February، 2022
Today, Wednesday, February 3, is the most important session of this week and one of the most important sessions of February for the currency markets, as the European Central Bank and the Bank of England meet today to determine monetary policy, and therefore the impact will be direct on the movements of the euro and the pound sterling. Bank of...
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2 February، 2022
The Organization of the Petroleum Exporting Countries and its allies, independent producers outside the organization, led by Russia in the system known as OPEC +, decided moments before its ministerial committee meeting to adhere to the planned increase in production by about 400,000 barrels per day next March, ignoring the pressures of major consumers in the world calling for an...
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2 February، 2022
The US private sector lost about 301 thousand jobs in January, according to figures released just before by the ADP, after adding about 807,000 jobs in December, while expectations were for the addition of 185 thousand jobs. In details, the commodity production sector lost about 27 thousand jobs, while the manufacturing sector lost about 21 thousand jobs, and the construction...
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2 February، 2022
Data released moments ago by Eurostat, the statistical office of the European Union, showed that inflation in the euro zone rose to 5.1% in the estimated reading in January, up from 5% in December, while expectations indicated a decline to 4.4%. The rise in inflation in January was supported by the rise in energy prices at the highest annual pace...
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1 February، 2022
The index concerned with measuring the dollar against a basket of currencies (Dollar Index) is losing for the second consecutive session in the middle of the European session today, Tuesday, the first of February, before the opening of the American markets, by trading at 96.32 levels, a loss of about 0.32% and about 0.90% since the beginning of the week...
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1 February، 2022
US stocks recorded gains when they closed the last sessions of the month of January on Monday, January 31 and the first sessions of the week, as the Nasdaq Composite Index, which specializes in the technology sector, avoided its worst monthly performance ever, after rising more than 3% yesterday, Monday, to reduce its monthly losses to 8.98% in The worst...
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1 February، 2022
The Monetary Policy Board of the Reserve Bank of Australia, led by Governor Philip Lowe, decided to keep the current monetary policy unchanged at its meeting this morning, Tuesday, the first of February, and to keep the current interest rates at 0.10%, and the bank decided today to end and stop the process of quantitative easing and the purchase of...
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31 January، 2022
Crude prices are trading at high levels this evening, Monday, January 31, less than an hour before the opening of the American opening session for the week, as Brent crude rose in the last sessions of January by about 1%, trading at levels of $91 a barrel, while American crude (NYMEX) is trading at levels of $87.27 The barrel rose...
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31 January، 2022
A look at the main events of the past week Will the Australian Reserve change its view of interest expectations? Market expectations of a rate hike from the Bank of England rise US employment numbers may be affected with Omicron By the end of last week, Friday the 28th of January, the markets concluded the week and month of the...
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