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Fundamental analysis

Canada’s annual inflation rises in December to 4.8%
Foreign currency
image 19 January، 2022

 The CPI in Canada recorded a growth of about 4.8% in December on an annual basis, according to figures released a few moments ago, compared to 4.7% in the November reading, to come below expectations that indicated a rise to 5.5%, while the main index, excluding gasoline prices, rose to 4% on Annual basis of 3.6% and better than expectations,...

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UK inflation beats expectations and raises interest rate hike expectations
Foreign currency
image 19 January، 2022

 Data issued by the Statistics Office in the United Kingdom showed that the CPI, which measures inflation, rose to 5.4% in the 12 months ending last December, compared to 5.1% in November, exceeding expectations that indicated a growth of about 5.2% in the highest reading of the annual index in The national statistical data series, which started in January 1997,...

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US stocks are bleeding in the opening session and the Nasdaq is the biggest loser
Market Indicators
image 19 January، 2022

The three main US stock indexes recorded sharp declines in the opening session of the week on Tuesday, after the markets were closed on the occasion of Martin Luther King Day on Monday, leading the technology sector index Nasdaq, losing more than 250 points at the close, affected by the declines in technology shares, amid anticipation of corporate announcements. Financial...

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US bond yields support the rise of the US dollar
Digital currencies
image 18 January، 2022

The general index of the US dollar is trading with a rise in the middle of the trading session today, Tuesday, with the opening of the US markets at the opening of this week after the Martin Luther King Day holiday on Monday, as the dollar gains about 0.25%, trading at 95.47 levels, benefiting from the rise in the yield...

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Crude prices are at their highest since 2014
Oil markets
image 18 January، 2022

 Crude prices are recording strong rises with the opening of the European markets for today's session, Tuesday, January 18th, to trade at their highest levels since 2014, as Brent crude is trading at levels of 87.92 dollars a barrel, up by 1.67%, while US crude (NYMEX) is rising by about 2.10% and trading at 85.58 dollars. The barrel is at...

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The Bank of Japan keeps its monetary policy unchanged and raises its inflation expectations
Foreign currency
image 18 January، 2022

 The Bank of Japan decided in its meeting held on the morning of Tuesday, January 18th, by a majority of 8-1, to maintain the current negative interest rate of -0.10% as expected, and the Monetary Policy Committee of the Bank decided to continue the process of buying assets and bonds with the same amount without changing. The bank is buying...

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The yellow metal rises with the opening of the week
metals
image 17 January، 2022

 Gold records highs in the middle of trading today, Monday, January 17th, in the opening session of the week, by about 0.25%, and is trading at levels of $ 1821 per ounce, to regain its gains that were absent in the last two sessions last week, despite recording weekly gains that exceeded 1%, taking advantage of the declines of the...

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Markets are awaiting the Bank of Japan and some sporadic data during the week (Currency Weekly Report)
Foreign currency
image 17 January، 2022

The dollar ends the week with the worst weekly performance in five month China's GDP is better than expected Bank of Japan meeting on top of the week's events Miscellaneous data that we will monitor during the week The general index of the US dollar recorded the largest weekly loss since August of last year when it closed the trading...

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US stocks open red, Nasdaq leads losses
Market Indicators
image 10 January، 2022

 US stocks are trading lower with the opening session today, Monday, January 10, the opening session of the second week of 2022, as all three major indicators of US stocks lose, led by the Nasdaq, which loses more than 1.5% at the opening, with markets and investors focusing on expectations that the US Federal Reserve will resort to raising Interest...

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US inflation on top of this week’s events (weekly currency report)
Foreign currency
image 10 January، 2022

 The US and Canadian labor market data concluded the events of last week, which was technically the first weeks of the new year 2022, and therefore the markets were poor in liquidity and movement despite the strong data that was issued such as employment data and the minutes of the US Federal Reserve meeting of its meeting held two weeks...

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