The European Central Bank decided to keep the current zero interest rates unchanged, as expected, while announcing that it would announce an acceleration of the easing of quantitative easing. According to the bank's interest statement, the Russian invasion of Ukraine is a turning point for Europe and based on the bank's assessment, the bank has revised the purchase schedule of...
Attention is turning this evening, Thursday, March 10th, towards the two most important events this week, as the European Central Bank will hold its regular meeting today, Thursday, while the United States of America will announce inflation figures for the month of February. European Central Bank Members of the European Central Bank meet this evening to discuss monetary policy and...
US stocks recorded strong gains at the end of trading yesterday, Wednesday, March 10th, as the S&P 500 index recorded its best daily performance since June 2020, as shares benefited from the rise in risk appetite in the markets due to optimism about the Ukrainian-Russian talks that will take place today, which supported Crude prices fell from their highest levels....
Gold loses during today’s session, Wednesday, the ninth of March, in the middle of the European session and before the opening of the American markets, about 2.15%, and is trading at levels of $ 2008 per ounce, to lose more than $ 55 compared to the highest level recorded by the yellow metal during yesterday’s trading at $ 2069 per...
Data from the National Bureau of Statistics in China showed that the annual consumer price index, which measures inflation, was stable at 0.9% in February, unchanged compared to January's reading, as the inflation rate in major factories recorded the slowest pace of growth in eight months. On the other hand, the Producer Price Index (PPI) in China rose to 8.8%,...
The most powerful digital currency in the world (Bitcoin) is striving to regain the levels of 40 thousand dollars in the middle of trading today, Tuesday, the eighth of March (March), with increases of more than 2% after declines for four consecutive sessions, to trade at levels of 39,087 thousand dollars, an increase of about 2.38% and an increase in...
Industrial production in the largest economy in the Eurozone (Germany's economy) rose by 2.75 in February, according to data released moments before by the Federal Statistical Office Destatis in Germany, compared to 1.1% in the revised January reading and better than expectations that indicated a growth of about 0.5%. In details, industrial production, excluding energy and construction, increased by 1.3%,...
US stocks, represented by the three major indices, recorded strong declines at the end of the opening session of the week yesterday, Monday, March 7th, affected by the rise in fears of economic stagnation and the continued rise in global inflation after crude exceeded the levels of 130 dollars a barrel in light of the current crisis situation between Russia...
The yellow metal is trading at its highest level in two and a half years, the highest levels of the two thousand dollars, in the middle of the European session today, Monday, the seventh of March, and before the opening of the US markets, up by about 1.65%, or $ 32, its highest level since August 2020, benefiting from its...
Crude prices continue to record gains at the beginning of the week today, Monday, the seventh of March, as Brent and US crude tested their highest levels since 2008 at the opening, as US crude opened at levels of 130.50 dollars a barrel, before retreating and reducing its gains, and it is now trading at levels of 124.30 dollars a...