05/11/2024
2 December، 2021
Crude prices are recording strong declines with the beginning of the opening of the American markets, after OPEC + officially maintained, moments before, its production policy, which stipulates an increase in production by about 400 thousand barrels per day in January, while keeping its meetings open to follow the developments of the Omicron mutator and its impact on crude prices...
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2 December، 2021
The yellow metal is trading down by about 0.67% at levels of $ 1770 an ounce in the middle of the European session today, Thursday, the second of December, after testing its lowest level in a month at $ 1766 moments ago, despite the rise in fears of the new strain Omicron in the markets after it spread until the...
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2 December، 2021
US stocks turned from green to red at the end of the first session of December yesterday, Wednesday, causing the Dow Jones index to lose a thousand points from its highest level during the session, after the health authorities announced the first case of Omicron in the United States of America, bringing the number of countries in which the Omicron...
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1 December، 2021
Data released moments before from the United States of America showed that the private sector, according to ADP estimates, added about 534 thousand jobs in the month of November, after adding 570 thousand in October, to come better than expectations that indicated the addition of 525 thousand jobs. In details, the commodity production sector added about 110 thousand jobs, while the...
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1 December، 2021
Crude prices rise by more than 3.5% in the middle of the European session today, Wednesday, the first session of December, compensating part of its losses recorded yesterday, which exceeded 4%, amid anticipation of what will come out of the meeting of the Organization of the Petroleum Exporting Countries and the independent producing allies outside the organization led by Russia,...
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1 December، 2021
The Turkish lira hit a new record low against the US dollar at levels of 13,500 this morning, Wednesday, December 1, with the opening of European markets after Turkish President Recep Tayyip Erdogan defended his policy and strategy. Speaking to the Turkish Radio and Radio Corporation on Tuesday, Erdogan indicated for the third time in less than a month that...
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1 December، 2021
The Australian economy shrank by -1.9% in the third quarter ending in September, in the third quarterly contraction in history, after a growth of about 0.7% in the second quarter, to come in better than expectations that indicated a decline of about -2.7%, which affected the decline in the annual growth rate to 3.9 % of 9.6% compared to September...
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30 November، 2021
In his testimony before the House Banking Committee, US Federal Reserve Chairman Jerome Powell admitted for the first time that inflation without the phrase is temporary, which he has always repeated when asked about inflation, acknowledging that inflation continues to rise more and more. In his testimony, Powell indicated that it is appropriate to talk about accelerating the process of...
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30 November، 2021
Canada's gross domestic product rose 0.1% in September, according to data released moments before by Statistics Canada, after growing by about 0.4% in October to come in better than expected as the rise in the service-producing industries, mining and oil offset declines in the manufacturing, construction and retail sectors. And 12 sectors out of 20 industrial sectors rose in September,...
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30 November، 2021
Estimates by Eurostat or the Statistical Office of the European Union just before showed that annual inflation in the euro area rose to 4.9% in November in the preliminary reading, compared to 4.1% in the October reading, exceeding expectations that indicated a growth of about 4.5%. The largest contribution to inflation in November came from the energy sector, which rose...
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