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Fundamental analysis

Retail sales are falling in the UK and the British pound is declining
Foreign currency
image 22 April، 2022

 UK retail sales fell by 1.4% in March, compared to a decline of about 0.5% in February's revised reading of 0.3%, while it was expected to decline by about 0.3%. The largest contribution to the decline in March came from retail trade outside stores, which fell by 7.9% in March, while sales of food stores also declined by 1.1%, and...

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Guindos’ comments support the euro’s gains
Foreign currency
image 21 April، 2022

 The euro recorded strong gains exceeding 70 points this morning, Thursday, April 21st, before the opening of the European markets, supported by the statements of the Vice President of the European Central Bank of Spain Luis de Guinhos moments before that the possibility of raising interest rates from the European Central Bank in July is not excluded, but is based...

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Annual inflation rises in New Zealand to its highest level in 32 years
Foreign currency
image 21 April، 2022

 Quarterly inflation in New Zealand recorded a growth in the first quarter of this year ending last March, according to Statistics New Zealand, by 1.8% compared to the same period last year, and compared to 1.4% in the fourth quarter of 2021, but it came below expectations that indicated a rise to 2 % . On an annual basis and...

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Crude gains ahead of US stockpiles statement
Oil markets
image 20 April، 2022

 Crude prices record highs in mid-trading today, Wednesday, April 20, less than an hour before the opening of the US markets, amid anticipation in the markets for the official inventory statement from the US Energy Information Administration, as Brent crude is trading at an increase of about 0.82% at levels of $ 108.13 a barrel, while rising American crude (NYMEX)...

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Annual inflation in Canada at its highest level since January 1991 in March
Foreign currency
image 20 April، 2022

 The CPI in Canada recorded a growth of about 6.7% in March on an annual basis, according to the figures released a few moments ago, compared to 5.7% in the February reading, to come better than expectations that indicated a decline to 4.9%, recording the largest annual increase since January 1991. In contrast, the CPI rose The main index, excluding...

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US stocks rise, supported by business results, and Netflix loses more than 25% in post-closing trading
Market Indicators
image 20 April، 2022

 The three major indices of US stocks ended the trading session yesterday, Tuesday, April 19 (April) with strong gains, benefiting from the results of companies and financial institutions for the first quarter of this year, which they began to disclose since the beginning of last week, amid the absence of economic data affecting market movements. The results of Johnson &...

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The Japanese yen is at its lowest level in twenty years and the dollar continues to rise
Foreign currency
image 19 April، 2022

The Japanese yen continues to decline in the middle of the trading session of the European session today, Tuesday, April 19th, recording new lows against the US dollar, as it trades at 128.30 levels, the lowest level for the Japanese yen since April 2002, ignoring the gains of the US dollar and taking advantage of the statements of the Governor...

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Cryptocurrencies continue to decline, and the market value is below $2 trillion
Digital currencies
image 18 April، 2022

 Digital currencies turn red at the beginning of the week, Monday, April 18, as the most expensive digital currency in the world (Bitcoin) leads the declines, with a loss estimated at about 3.41%, to trade at levels of 38.934 thousand dollars, coinciding with a decline in the market value to 740 billion dollars, to trade in the lowest level in...

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The Chinese economy grew by 4.8% in the first quarter
Foreign currency
image 18 April، 2022

 The gross domestic product in China, the second largest economy in the world, recorded a growth of about 4.8% in the first quarter of this year, according to data released this morning, Monday, April 18, by the National Bureau of Statistics, compared to a growth of about 4% in the fourth quarter of last year, better than Market expectations, which...

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US retail sales missed expectations in March
Foreign currency
image 14 April، 2022

 Data released moments before by the US Census Bureau showed an increase in US retail sales last month, but below market expectations, as sales rose by about 0.5% in March, compared to an increase of about 0.8% in the revised February reading, while expectations indicated a rise by 0.6%. Core sales, excluding car prices, recorded a growth in March of...

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