Crude is heading to record weekly losses a few hours before the closing session of the week ends today, Friday, December 17th, as Brent and the American (NYMEX) crude lose more than 1.8% per week, coinciding with the increase in Corona virus cases around the world, especially in the largest crude consuming countries, which Raising concerns about the return of...
View MoreThe major indices of US stocks recorded declines at the close of the trading session yesterday, Thursday, December 16th, affected by the declines in technical stocks, as technology stocks led the Nasdaq Composite Index, which specializes in the technology sector, to record its largest daily loss since September, after fears increased that the US Federal Reserve would raise interest rates...
View MoreThe Bank of Japan announced in its meeting this morning, Friday 17th of December, that it kept the current interest rates unchanged as expected at -0.10%. The bank announced plans to scale back its coronavirus emergency economic support program and cut its purchases of corporate debt to pre-pandemic levels in a move similar to what the Federal Reserve did midweek...
View MoreThe European Central Bank (ECB) decided to keep interest rates unchanged at its meeting today, as expected at the current zero levels, as the statement issued moments ago indicated that there is still a need for monetary adjustment until the inflation rate stabilizes at the bank's target of 2%. The bank maintained its APP asset purchases at a monthly pace...
View MoreThe Bank of England decided to raise interest rates suddenly to 0.25% from 0.10% at its meeting moments ago The interest statement from the bank said that the committee voted 8-1 to increase interest rates and maintain the bank's asset purchases of 895 billion pounds. The members of the bank confirmed that since the committee’s meeting in November, the omicron...
View MoreThe yellow metal is recording highs in the middle of the European session today, Thursday, December 16, for the second session in a row, by about 0.50%, and is trading at levels of 1785 dollars per ounce, up more than 1.5% from the lowest level recorded by gold yesterday, Wednesday, after the US Federal Reserve announced that it was stationed...
View MoreAfter the markets ended the US Federal Reserve’s party yesterday, Wednesday, and paved the way for faster monetary policy tightening in the coming year, attention turns today to the meeting of the second and third central banks in terms of importance in the world, namely the European Central Bank and the Bank of England to announce monetary policy at the...
View MoreThe Turkish lira is trading at a new record level at 15 levels, the psychological level of the pair against the US dollar this morning, Thursday, December 16th, to achieve our last target in the weekly video, amid anticipation in the markets for the Turkish Central Bank meeting after less than five hours. The markets are awaiting the Turkish Central...
View MoreA few moments ago, the US Federal Reserve kept interest rates unchanged as expected at the current levels at 0.25%, while it decided to accelerate the pace of reducing its purchases of assets by 30 billion dollars per month, compared to 15 billion previously, by 20 billion of treasury papers and 10 billion of mortgage-backed securities. The Economic Forecasts Report,...
View MoreLess than four hours before the Federal Reserve meeting, which is followed by the press conference of the President of the Bank, with half an hour, global markets are trading in an atmosphere of calm and extreme caution, which reflects the importance of today’s meeting, which we discussed the expected scenarios for. (fayezalajmi-4x.com). The US dollar is recording gains for...
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