In the midst of a stable trading session and the absence of strong economic events, the markets are awaiting the results of the Bank of Canada meeting today, Wednesday, December 8th, in the American session, where the Bank of Canada will announce its monetary policy and interest rates, and expectations are to keep monetary policy unchanged and keep interest rates...
View MoreCrude prices are recording strong gains for the second consecutive session since the beginning of the week and before the opening of the American markets today, Tuesday, the seventh of December, as Brent crude gains exceeded 7%, after its gains yesterday, by about 4.60%, and it is now trading at levels of $75.11 , rising today by 2.78%, while crude...
View MoreThe US dollar resumed its gains about two hours after the opening of the European markets for today's session, Tuesday, the seventh of December, as the general index of the American dollar is trading at an increase of more than 12% at 96.37 levels, after trading and weak movements since the middle of the European session yesterday, Monday, benefiting from...
View MoreThe Board of the Reserve Bank of Australia decided, in its meeting this morning, Tuesday, in the Asian session, to keep its monetary policy and current interest rates at 0.10% unchanged, as was expected, and to continue buying government securities at a rate of 4 billion dollars per week until mid-February next year at least. The report issued by the...
View MoreUS stocks and the three major indices recorded strong gains when they closed the opening session of the week yesterday, Monday, as the Dow Jones index rose by more than 600 points at the close, amid ignoring the Omicron axis and the uncertainty related to it, despite its spread in about 15 US states so far, but reports indicate that...
View MoreThe state of terror that cryptocurrency investors were exposed to on Saturday is still dominating the digital currency markets, as all currencies continue to decline with some minor exceptions, led by the most expensive digital currency in the world (Bitcoin), which loses about 1.2% in the middle of today’s session, Monday, December 6th, and trading at Levels of 48,129 thousand...
View MoreA quick look at the events of the past week How did the market read employment data? Mutant omicron spreads The Australian Reserve and the Bank of Canada are on top of the week's events Will the inflation reading change market expectations about interest rates? With the US labor market data released on Friday at the end of last week,...
View MoreThe yellow metal is heading to close the third week in a row after a few hours negative, despite its daily gains, as it trades today, Friday, December 3, at levels of 1772 dollars per ounce, the last sessions of the week, up 0.20% today, Friday, and a weekly decline of about 0.90% or 17 dollars, as it overcame Jerome...
View MoreThe report issued by the United States Bureau of Labor Statistics a moment ago showed that only 201 thousand jobs were added in November, compared to the addition of 531,000 jobs in October, before it was adjusted to 546 jobs, much less than market expectations, which indicated the creation of jobs estimated at 556 thousand jobs. On the other hand,...
View MoreFinancial markets are awaiting during the American session today, Friday, December 3, the last session of the week, the NFP data from the US Department of Labor in the November reading, as it is considered one of the most important data that the US Federal Reserve looks at before making any decision in monetary policy, and therefore the importance of...
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