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Fundamental analysis

The continuation of the US dollar’s gains at the beginning of the week, and anticipation of US inflation data
Foreign currency
image 9 May، 2022

 The general index of the US dollar known as the Dollar Index, which is concerned with measuring the dollar against a basket of currencies, continues to rise before the opening of the European markets for the opening session of the week today, Monday, May 9 (May), rising for the third session in a row, as it is trading at 104.05...

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PCE rises to 6.6% in March
Foreign currency
image 29 April، 2022

 Data released moments before by the US Bureau of Economic Analysis showed an increase in US personal income by 107.2 billion dollars in March, while personal consumption expenditures rose by 185 billion dollars by 1.1% compared to the February reading. The preferred indicator for measuring inflation of the US Federal Reserve PCE rose by 0.9% on a monthly basis, and...

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The US economy shrank by 1.4% in the first quarter
Foreign currency
image 28 April، 2022

 The gross domestic product of the United States of America recorded a decline in the first quarter of this year ending in March, by 1.4% in the preliminary reading, according to the report of the Bureau of Economic Analysis issued a while ago, compared to 6.9% in the fourth quarter of last year, contrary to expectations that indicated a growth...

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The Japanese yen is 130 against the US dollar after the central meeting
Foreign currency
image 28 April، 2022

 The Bank of Japan decided in its meeting this morning, Thursday, April 28th, to keep the current negative interest rates unchanged as expected at -0.10% with a vote of the majority of members 8-1, and to continue to maintain the ten-year bond yield at 0%. The bank is buying exchange-traded funds (ETFs) for 12 trillion yen and J-REITs for 180...

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US inventories rise, crude is stable
Oil markets
image 27 April، 2022

 Crude prices are recording slight declines in the middle of the trading session of the American day today, Wednesday, April 27 (April), with some stability, despite the rise in US crude stocks last week, as American crude (NYMEX) is trading at levels of 101.45 dollars a barrel, down by 0.25%, while Brent crude is declining By 0.22%, it was trading...

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Quarterly inflation reading on the rise in Australia
Foreign currency
image 27 April، 2022

 The Consumer Price Index (CPI), which measures inflation in Australia, recorded a growth of 2.1% in the first quarter of this year ending last March, according to data issued by the Australian Bureau of Statistics this morning, Wednesday, April 27, compared to 1.3% in the fourth and last quarter of Last year came better than the market expectations, which indicated...

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Dogecoin rises more than 15% and leads the rise of cryptocurrencies
Digital currencies
image 26 April، 2022

The majority of cryptocurrencies are recording gains in mid-session trading today, Tuesday, April 26th, with the opening of the American markets, where the Dogecoin leads the gains of cryptocurrencies after recording gains of more than 25% this morning, before retreating and is now trading at a rise of about 15%, trading at levels of 0.1591 dollars, with a value of...

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Durable goods orders lower than market expectations in March
Foreign currency
image 26 April، 2022

 New orders for durable goods recorded growth in March, less than market expectations, according to the report of the US Census Bureau issued today, Tuesday, March 26 (April), where data showed a decline in the March reading to 0.8%, compared to the February reading, which was down by 2.1% and less than market expectations. which indicated an increase of 1%....

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US stocks gain in the opening session and Twitter agrees to Musk’s offer
Market Indicators
image 26 April، 2022

 The three major indices of US stocks recorded gains when they closed the opening session of the week on Monday, April 25th. Support for the technology sector urged the gains of US stocks in the opening session, coinciding with the absence of economic data affecting market movements and anticipation of inflation figures represented in the PCE index, which will be...

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Gold loses levels of 1900 dollars an ounce
metals
image 25 April، 2022

 The yellow metal loses more than 1.20% in the middle of trading today, Monday, the 25th of April (April) and before the opening of the American markets, where gold is trading at levels of $ 1899 an ounce, at the lowest level for the yellow metal in the month of April, affected by the rises of the US dollar since...

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