31/01/2025
16 August، 2023
The Reserve Bank of New Zealand decided to keep interest rates unchanged at 5.5%, as was expected at the bank's meeting that was held this morning, Wednesday, August 16th, to keep interest levels at their highest levels in 14 years. The interest statement stated that the current level of interest rates limits spending and thus pressures inflation. Accordingly, the committee...
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9 August، 2023
Data from the National Bureau of Statistics in China released this morning showed that the annual consumer price index, which measures inflation, fell by 0.3% in July, compared to 0.0% in June, below expectations, which indicated a decline to 0.4%, to record its first decline since February of the year. 2021, while the main index, excluding food and energy prices,...
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4 August، 2023
The report issued by the United States Bureau of Labor Statistics moments ago showed that 187,000 jobs were added in July, compared to the addition of 209,000 jobs in the June reading, before it was revised to 185,000, to come below market expectations that indicated the creation of 205,000 jobs. On the other hand, the unemployment rate declined to 3.5%...
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3 August، 2023
The Central Bank of England decided to vote on raising interest rates by 25 basis points in its meeting today, issued moments ago, to reach 5.25%, as expected in a vote by a majority of members 6-3, as two members preferred to increase interest rates by 50 basis points, and one member preferred to keep them unchanged. The interest statement...
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2 August، 2023
The American private sector added about 324,000 jobs in July, according to figures issued moments ago by the ADP, after adding about 497,000 jobs in the June reading, while expectations were for the addition of 191,000 jobs, while the annual wage rate increased by 6.2% compared to 6.4%. In the details, the commodity production sector added about 21,000 jobs, as...
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2 August، 2023
A report issued by Statistics New Zealand in the Asian session this morning, Wednesday, August 2nd, showed that the unemployment rate rose to 3.6% in the second quarter ending in June, from 3.4% in the first quarter, while expectations had indicated a rise to 3.5%. On the other hand, the underemployment rate reached 9.8% from 9.1%, the employment rate reached...
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1 August، 2023
For the second month in a row, the Monetary Policy Board of the Reserve Bank of Australia decided to keep monetary policy and interest rates at 4.10%, contrary to expectations that indicated a 25 basis point hike in the bank's meeting that was held on Tuesday morning, the first of August. And the interest statement issued by the bank stated...
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31 July، 2023
The Bank of England and the Australian Reserve most important events this week Keep an eye out for US labor market numbers Eurozone inflation matched expectations in July Separate economic data After the meeting of three central banks (Federal - European - Japanese) in addition to inflation figures from Australia and Japan, inflation in consumer spending from the United States...
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28 July، 2023
Data released moments ago by the US Bureau of Economic Analysis showed a rise in US personal income by $5.69 billion in June, an increase of 0.3%. The PCE personal consumption expenditures index, the preferred indicator for measuring inflation for the US Federal Reserve, rose by 0.2% on a monthly basis from 0.3%, in contrast. The main index excluding food...
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28 July، 2023
The Bank of Japan decided in its meeting, which ended on Friday morning, July 28, to keep monetary policy unchanged an expectations by maintaining the current negative short-term interest rates at -0.10%, in addition to leaving the range of movement of the ten-year yield to move plus or minus 0.5%. The bank buys ETFs (12 trillion yen) and Japanese real...
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