The Board of Directors of the Reserve Bank of Australia decided, in its meeting this morning, Tuesday, April 5th, to keep monetary policy and the current interest rates at 0.10%, unchanged as expected. The bank said in a statement that the Australian economy remains resilient and that spending is rebounding after the Omicron setback and that the real strength is...
Closed in Chinese markets today and tomorrow Markets are waiting Australian RBA meeting (tomorrow, Tuesday) Minutes of the US Federal Reserve meeting two weeks ago (Wednesday) ISM Service Index (Tuesday) Canadian Labor Market Data (Friday) Looking forward to arranging a meeting between Zelensky and Putin Corona virus infection numbers in China and India oil prices To get the complete...
The report issued by the United States Bureau of Labor Statistics a moment ago showed that 431,000 jobs were added in March, compared to the addition of 678 thousand jobs in February, to come below market expectations, which indicated the creation of jobs estimated at 492 thousand jobs. On the other hand, unemployment rates declined by about 0.2% to 3.6%,...
The main US stock indices concluded the month of March and the first quarter of this year by closing a trading session yesterday, Thursday, March 31, 2022, with strong declines, as the Dow Jones index lost more than 500 points, so that the three indices recorded their worst quarterly performance since the first quarter of the year 2020 according to...
The Ministerial Committee of the OPEC + system agreed, in its ministerial meeting, moments ago, to abide by the current agreement on the policy and increase production predetermined by 432 thousand barrels per day, starting from next May, in a meeting that did not last more than a quarter of an hour, in which the group agreed on the decision....
. Data from the Bureau of Economic Analysis released just moments ago showed an increase in personal income by $101.5 billion, an increase of 0.5% in February, compared to 0.0% in January readings, in line with expectations. In contrast, personal consumption expenditures rose by $34.9 billion, equivalent to an increase of about 0.2%. Compared to 2.1% in the January reading....
Crude prices are recording increases of more than 3% in the middle of trading in the American session today, Wednesday, as Brent crude is trading at levels of 113.93 dollars a barrel, an increase of about 3.63%, while American crude (NYMEX) is rising by about 3.89%, trading at levels of 108.30 dollars a barrel, ignoring the state of optimism in...
The American private sector added about 455,000 jobs in March, according to the figures released a few moments ago by the ADP, after adding about 486,000 jobs in the revised February reading to match the expectations of markets and analysts. In details, the commodity production sector added about 79 thousand jobs, while the manufacturing sector added about 54 thousand jobs,...
The general index of the US dollar recorded declines for the second consecutive session in the middle of trading today, Wednesday, 30 March, coinciding with the opening of the European markets, where it lost about 0.38% to lose 98 levels for the first time in two weeks, trading at 97.98 levels, benefiting from the rise in optimism and the rise...
The yellow metal is recording declines in the middle of the European session’s trading session today, Tuesday, March 29th, as gold loses about 0.60% and is trading at levels of 1912 dollars per ounce, despite the declines of the US dollar amid the absence of economic data affecting the movements of the metal and anticipation for the resumption of Russian-Ukrainian...