The three major US stock indexes recorded strong declines at the closing of the opening session of the week on Monday, as the Dow Jones Industrial Average lost more than 400 points at the close, after it was affected by the strong rise in US bond yields during the opening session, amid anticipation in the markets for US inflation data...
Will the Bank of Canada raise interest rates by half a point? The outlook for the Bank of New Zealand is split Kuroda pushes the Japanese yen down again The euro opens on the upside with the French elections During the sessions of this week, the markets are awaiting many economic events and data, led by the meetings of the...
Data from the National Bureau of Statistics in China showed that the annual consumer price index, which measures inflation, rose at 1.5% in March, compared to 0.9% in the February reading, exceeding expectations that indicated a rise to 1.3%, as these positive numbers come ignoring the health situation that the second person is going through. The largest economy in the...
The Canadian economy added 73 thousand jobs in March, according to data released moments before by Statistics Canada, compared to 336 thousand jobs added by the Canadian economy in February, falling short of expectations that the economy added about 77 thousand jobs. On the other hand, the unemployment rate declined by 0.2% to 5.3% in March, compared to 5.5% in...
Data from the European Statistical Office, according to Eurostat estimates, showed that retail trade volume rose by 0.3% in the Eurozone and the European Union in February, compared to 0.2% in January's reading, falling short of expectations that it would rise to 0.6%. On an annual basis, sales increased by 5% in the Eurozone and by 5.4% in the European...
Cryptocurrencies record strong declines this morning, Thursday, April 7, coinciding with a clear decline in risk appetite in the markets before the opening of the European session. billion dollars. The US Federal Reserve’s minutes issued yesterday, Wednesday, raised the market’s expectations regarding the pace of interest rate hike and the speed of the Fed’s tightening, as the Fed members showed...
The minutes of the US Federal Reserve's meeting two weeks ago, released moments ago, showed that many Fed members saw inflation as much higher than the committee's target and inflationary risks to the upside and would have preferred a half-point hike at the previous meeting. Regarding the Fed's balance sheet, members agreed to set a monthly ceiling of about $60...
The general index of the US dollar continues to rise for the fifth consecutive session, trading at its highest level since May of the year 2020 at 99.60 levels, up by 0.15% today, Wednesday, April 6, with the opening of European markets, and after rising by about 0.50% yesterday, Tuesday, as the US dollar receives support from High yields on...
The major indices of US stocks ended the session yesterday, Tuesday, the fifth of April, with declines at the close, as the Nasdaq Composite Index specialized in the technology sector lost more than 300 points, coinciding with declines in technology shares after statements from Lyle Brainard, Vice President of the US Federal Reserve during the American session. Brainard stated in...
The economic activity in the services sector PMI, according to the report of the Institute of Supply Management ISM in the United States of America in March for the 22nd consecutive month, increased by 58.3 compared to 56.5 in the February reading, to come below expectations, which indicated an increase to 58.6. In details, the business activity index rose to...