The Bank of Canada kept its monetary policy and interest rate at the current levels at 0.25%, as well as expectations unchanged, and the bank maintained its directions for future monetary policy. And the interest report from the Bank stated that the Canadian economy recorded a growth of about 5.5% in the third quarter, as expected, and that recent economic...
A state of cautious calm prevails in the markets in the middle of trading today, Wednesday, the eighth of December, amid the absence of economic data affecting market movements, as the yellow metal benefits from this calm and records some gains, trading at levels of $1,787 per ounce, up by about 0.19%, amid anticipation in the markets for US inflation...
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...
Crude 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...
The 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...
The 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...
US 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...
The 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...
A 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,...
The 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...