The three main US stock indices recorded declines at the end of trading on Tuesday, the ninth of November, after gains that continued for more than a week, as the S&P 500 index ended a series of gains that continued for eight consecutive sessions, in the longest series of consecutive gains since April of the year 2019 amid a state...
View MoreThe US Conference Board's Consumer Confidence Index rose in October to 113.8 points after declines for the previous three months, the most recent of which was declines in September. In the details of the index, the current situation index, based on consumers' assessment, rose to 147.4 from 144.3, while the expectations index rose to 91.3 compared to 86.7 in September....
View MoreBrent crude seeks to close its eighth week in a row with weekly gains, despite trading close to the levels of the opening session of the week, at a loss of 0.10%, trading at levels of $85.07 a barrel, and gains today, Friday, by 0.54%, after losing its highest level during the week, centered at $86.04 a barrel. Yesterday Thursday,...
View MoreThe Purchasing Managers' Index for the US services sector rebounded in the preliminary reading for the month of September, according to the report issued by IHS Markets or the US Bureau of Economic Analysis issued moments ago, by 58.2, exceeding expectations that indicated a decline to 55.3, to be revised to the August reading, rising to 54.9, recording its highest...
View MoreData released by Statistics Canada a moment ago showed that retail sales rose by 2.1% in August to reach $57.2 billion, after declining by about -0.6% in the July reading, to exceed expectations that it would rise to 2%, supported by an increase in sales of food and beverage stores by about 4.8 And the growth of sales of petrol...
View MoreThe yellow metal is trading at an increase of about 0.52% or $11 in the middle of the European session and before the opening of the American markets, trading at levels of $1792 per ounce, heading to record gains for the second week in a row by more than 1.5% if it maintains these levels until the close of the...
View MoreThe preliminary reading of the PMI for the euro area in the services and manufacturing sectors recorded some variation amid a clear impact of supply bottlenecks, as the services index in the euro area fell to its lowest level in six months in the October reading at 54.7 compared to 56.4 in September (expectations at 55.4), in On the other...
View MoreRetail sales declined in September by about 0.2%, according to data released moments before by the official statistics office in the United Kingdom, compared to a decline of about -0.9% in the August reading, while expectations indicated a growth of about 0.6%. In the details of the index, sales in non-food stores decreased by 1.4% due to the decline in...
View MoreUSA Manufacturing activity in Philadelphia continues to slow by 7 points in October, according to data released moments ago, to reach 23.8 points, compared to expectations that indicated a decline to 25.1, and in the details of the indicator, the current shipments index settled unchanged at 30 points in October, while the new orders index rose by 15 points. To...
View MoreThe 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....
View More