After spreading in more than 89 countries, according to the World Health Organization report, the new Omicron mutant is spreading faster than the Delta strain. Accordingly, European countries began to impose new measures and restrictions on movement, as the Netherlands announced the imposition of a comprehensive closure during the end of the year holiday, while Germany announced the largest economy....
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...
The 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...
The 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...
The 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...
The 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...
The 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...
After 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...
The 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...
A 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,...