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Fundamental analysis

Daily gains and weekly losses for the yellow metal
metals
image 26 November، 2021

Gold records gains in the middle of the European session on Friday, November 26, the last session of the week, by more than 0.90%, as gold managed to regain the levels of 1800 dollars that it lost for more than three consecutive sessions, to trade at 1804 dollars per ounce, benefiting from its status as one of the most important...

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The Australian dollar ignores the improvement in retail sales and declines
Foreign currency
image 26 November، 2021

 Data from the Australian National Statistics Office (ABS) released in the Asian session this morning, Friday, showed an increase in Australian retail sales in October by 4.9% on a monthly basis, compared to 1.3% in the September reading, exceeding expectations that indicated a growth of about 2.2%, to increase sales by 5.2% over annual basis. This remarkable improvement in the...

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Bitcoin is trying to regain the levels of 60 thousand dollars and the GALA currency enters the TOP 50 list
Digital currencies
image 25 November، 2021

 The most expensive digital currency in the world (Bitcoin) is trying to recover the levels of 60 thousand dollars during today’s trading session, in the absence of the American markets, as it rises so far by 4.64% and is trading at levels of 58,600 thousand dollars, coinciding with an increase in the market value to 1,106.818 trillion dollars. Despite the...

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Crude is stable and inventories are rising, contrary to expectations
Oil markets
image 25 November، 2021

 Crude prices are recording weak and stable trading during the European session on Thursday, November 25, affected by the absence of the American markets that celebrate the Thanksgiving holiday, and thus the lack of liquidity. 0.18% and is trading at 78.24 dollars per barrel, with attention directed towards the meeting of the Organization of the Petroleum Exporting Countries and its...

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Fed Minutes (Then What Next)
Foreign currency
image 25 November، 2021

 The members of the US Federal Reserve Committee (FOMC) discussed the economic situation in the United States of America and the world in the meeting that was held on the third of November, and its minutes were announced on Wednesday the 24th of November, where they discussed the rise in inflation around the world in addition to the slowdown in...

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The annual PCE is at 5% in October, and the dollar is reacting
Foreign currency
image 24 November، 2021

 The data of the Bureau of Economic Analysis issued just moments ago showed that the average personal income increased by $93.4 billion, an increase of 0.5% in October, compared to a decline of 1% in September (expectations of 0.2%). In contrast, personal consumption expenditures rose by $214.3 billion, equivalent to 1.3% compared to the September reading of 0.6% (expectations of...

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Revised reading of growth and durable goods orders below expectations
Foreign currency
image 24 November، 2021

Data issued by the US Department of Commerce a few moments ago showed a decline in durable goods orders in October by 0.5% after declining by 0.3% in September, to come below expectations that indicated a growth of about 0.2%, while core orders, excluding transportation prices, were stable. at 0.5% as production orders were affected by shipping bottlenecks. In the...

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The US dollar extends its gains before the Thanksgiving holiday and awaits the inflation reading and the Fed minutes
Foreign currency
image 24 November، 2021

 The general index of the US dollar extends its gains in the middle of trading today, Wednesday, before the Thanksgiving holiday tomorrow, Thursday, as the US dollar is trading at 96.65 levels, with daily gains estimated at 0.20%, as the markets await a heavy day in terms of economic data that will be issued from the US economy. The second...

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Crude rises after the decision to withdraw from stocks, and anticipation for the inventory statement
Oil markets
image 24 November، 2021

 As a direct reaction to the decision of the United States of America to release the strategic oil reserves, crude prices rose during yesterday’s trading by more than 2%, and the rises continue this morning, Wednesday, as the crude declines return in the past few days and weeks for precisely this reason in addition to the fact that the announcement...

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The Reserve Bank of New Zealand raises interest rates and the New Zealand dollar falls
Foreign currency
image 24 November، 2021

 As we expected in our report issued yesterday evening, the markets largely await the Reserve Bank of New Zealand in the Asian session (what are the expected scenarios) (fayezalajmi-4x.com) The Monetary Policy Committee of the Reserve Bank of New Zealand (RBNZ) decided to raise the official interest rates OCR by 0.25% to 0.75% In his meeting less than two hours...

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