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Fundamental analysis

The Turkish Central Bank cuts interest rates and the lira incurs more losses
Foreign currency
image 21 October، 2021

The Turkish Central Bank cut interest rates at its meeting that ended just moments ago, by 200 basis points, exceeding expectations that it would cut by 50-75 points, to reach 16%, after it cut interest rates on the 23rd of last September by 100 basis points to surprise the markets once again. In September, the Turkish lira incurs further losses....

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Solana and Litecoin Lead Cryptocurrency Rally
Digital currencies
image 21 October، 2021

At a time when attention was focused on the bitcoin currency by breaking through to the highest peak ever and trading at the highest levels of 66,000 dollars during the trading session yesterday, Wednesday, other digital currencies are also benefiting from this liquidity and this institutional and global acceptance of the cryptocurrency market and record strong rises > The market...

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Dow Jones hits new record, Tesla reports quarterly profit that beat expectations
Market Indicators
image 21 October، 2021

 The US stock indices, the Dow Jones and S&P, recorded gains at the close of the trading session yesterday, Wednesday, as the Dow Jones Industrial Average tested its highest level ever at 35.669, before falling slightly and ending the session with gains of about 0.43%, while the Nasdaq Composite Index was affected by the losses of the technology sector to...

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The yellow metal trims its gains with the opening of the American session
metals
image 20 October، 2021

 The yellow metal is trading at an increase of about 0.50%, or $8, coinciding with the opening of the American markets for today’s session, Wednesday, October 20, to trade at levels of $ 1775 per ounce, benefiting from the decline in the yield on US Treasury bonds in the last hours, despite reducing its gains that exceeded 1% and testing...

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Inflation in Canada is at its highest level since 2003
Foreign currency
image 20 October، 2021

The CPI, which is concerned with measuring inflation in Canada, according to data released moments ago, rose to its highest level since February 2003 by 4.4% on an annual basis in September, compared to 4.1% in August. The index, excluding gasoline prices, recorded an increase of 3.5% on an annual basis. The monthly index rose by 0.2% in September on...

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Crude oil records declines amid anticipation of the US inventory data
Oil markets
image 20 October، 2021

 Crude prices are recording declines in the middle of the trading session today, Wednesday, October 20, and before the opening of the American markets, amid anticipation in the markets for the official inventory statement from the US Energy Information Administration, as Brent crude is down by about 0.94% and is trading at levels of $ 84.28 a barrel, while American...

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Less than a thousand dollars separates Bitcoin from the April peak, and the BITO index rises in its first session
Digital currencies
image 20 October، 2021

 Bitcoin, the most expensive digital currency in the world, is trading at an increase of about 2.93% this morning, Wednesday, October 20, at levels of 64,020 thousand dollars, after it tested the 64,400 levels during the trading session yesterday, Tuesday, so that the bitcoin is only 800 thousand dollars away from exceeding the highest peak in its history, which is...

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Inflation is lower than expectations in the UK, will market expectations of rate hike change
Foreign currency
image 20 October، 2021

 The Consumer Price Index (CPI), which measures inflation in the United Kingdom, grew less than expected in September, according to data from the Office of National Statistics released moments ago, by 3.1% on an annual basis, down from 3.2% in the August reading, while the index rose on a monthly basis in September by 0.3%. The CPIH Comprehensive Housing Cost...

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Commodity currencies and the pound sterling are the biggest beneficiaries of the US dollar’s decline to its lowest level in three weeks.
Foreign currency
image 19 October، 2021

The general index of the US dollar is trading down by 0.44% in the middle of the trading session today, Tuesday the 19th of October, and before the opening of the US markets, trading at 93.48 levels, the lowest level since the end of September, affected by the improvement in risk appetite in the markets, amid the decline in the...

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Australian Reserve Bank Minutes
Foreign currency
image 19 October، 2021

 The minutes of the Reserve Bank of Australia meeting held on October 5, which was released today, Tuesday, showed in the Asian session, where the Reserve Bank of Australia maintained low interest rates at 0.10% and decided to continue buying government securities at a rate of 4 billion dollars per week until February of the year Next, to say the...

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