01/11/2024
30 June، 2023
Estimates by Eurostat, or the statistical office of the European Union, showed a moment ago that annual inflation in the eurozone slowed down to 5.5% in June in a preliminary reading, compared to 6.1% in a reading in May, which came below expectations that indicated a rise to 5.6%. In details, prices in the energy sector declined at an annual...
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23 June، 2023
Figures issued this morning from the third largest economy in the world showed that the core consumer price index, which measures inflation in Japan, which excludes fresh food prices, but includes energy items, increased by 3.2% in May compared to 3.4% in April, but it exceeded expectations that indicated a growth of 3%. 1%. On the other hand, the main...
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22 June، 2023
The Central Bank of England decided to vote on raising interest rates by 50 basis points in its meeting today, issued moments ago, to reach 5%, contrary to expectations that indicated a 25 basis point hike, with a majority of members 7-2, as two members preferred to keep interest rates unchanged. And the interest statement issued by the bank stated...
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22 June، 2023
The Swiss National Bank raised interest levels by 25 basis points, as expected at its second meeting of the current year, which ended moments ago, from 1.50% to reach 1.75%, after raising them by 50 basis points at its first meeting in March, in the bank's endeavor to address persistent inflationary pressures. The bank's interest statement stated that additional interest...
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21 June، 2023
The general index of the US dollar records increases by about 0.15% and trades at 102.27 levels in the middle of the European session today, Wednesday, June 21st, moments before the opening of the US markets, amid anticipation of a hearing session of US Federal Council Chairman Jerome Powell before the House Financial Services Committee, the semi-annual certificate, which is...
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21 June، 2023
The consumer price index in Britain, concerned with measuring inflation, grew by 8.7% in the 12 months ending in May, the same reading as April, according to figures issued by the UK Statistics Office ONS a moment ago, while expectations were for a slowdown by 8.4%, while inflation rose on a monthly basis by a rate of 8.4%. 7.7% in...
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16 June، 2023
The Bank of Japan decided in its meeting that ended this morning, Friday, June 16, to keep monetary policy unchanged, as expected, by keeping the current negative short-term interest rates at -0.10%, in addition to leaving the range for the yield of ten-year bonds to move plus or minus 0.5%. The bank is buying exchange-traded funds (ETFs) for 12 trillion...
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15 June، 2023
The European Central Bank decided in its meeting moments ago today, Thursday, June 15, to raise interest rates by 25 basis points, as expected, to reach 4%. The interest statement issued by the bank stated that inflation expectations are still very high, despite their recent decline, and that the Board of Directors is determined to ensure that inflation returns towards...
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15 June، 2023
The Australian unemployment rate decreased in May to 3.6% from 3.7%, according to figures issued by the Australian Bureau of Statistics (ABS) at the beginning of the Asian session today, Thursday, while expectations indicated that it would stabilize at 3.7%, with the participation rate in the labor market rising to 66.9% from 66.7%. The Australian economy added about 75,900 jobs...
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14 June، 2023
The US Federal Reserve decided to maintain its monetary policy and keep interest rates unchanged, as expected, at 5.25% for the first time, in a unanimous decision taken by members after ten consecutive meetings of raising interest rates, the strongest rate of increase in three decades. And the interest statement issued by the bank stated that economic activity continued to...
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