Late yesterday evening, Wednesday, October 13, US President Recep Tayyip Erdogan dismissed three members of the Turkish Central Bank's interest rate setting committee after meeting with Bank Governor Kavcioglu, which put pressure on the Turkish lira to hit a new record high at 9.18. Erdogan dismissed the Deput Governor of the Turkish Bank, Semih Tuman, Ugur Namik Koçek, and the...
View MoreThe Australian Bureau of Statistics (ABS) report issued in the Asian session today, Thursday, October 14, showed that the unemployment rate in Australia rose to 4.6% in September, compared to 4.5% in August, but it rose less than expectations that indicated a rise by about 4.8%, with a decline in the rate Participation to 64.5% compared to 65.2%. The employment...
View MoreCrude prices are recording declines with the beginning of the trading of the American session on Wednesday, October 13th, as Brent crude loses about 0.73% and is trading at levels of 82.82 dollars a barrel, while American crude (NYMEX) loses levels of 80 dollars a barrel to trade at levels of 79.90 dollars a barrel, with a return of about...
View MoreData issued by the Bureau of Labor Statistics in the United States of America a few moments ago showed an increase in the CPI, which measures inflation, by 0.4% in September, after rising by about 0.3% in August, to come better than expectations that indicated its stability at 0.3%, in contrast, the index rose Annually over the past 12 months...
View MoreCryptocurrencies are recording declines this morning, Wednesday, October 13, mid-session, as Bitcoin leads the declines, with a loss of 4.5%, and trading at levels of 54,823 thousand dollars, down from its highest level since last May at 57,700 recorded by Bitcoin at the beginning of the week, but it maintains its market value that exceeded one trillion dollars at 1,032.953...
View MoreInvestors bought the US dollar during the trading session on Tuesday, the 12th of October, less than 24 hours before the US inflation data and the release of the US Federal Reserve's minutes of the previous meeting two weeks ago, in a sign that the inflation data will be positive today in September, pushing the US dollar to its highest...
View MoreThe yellow metal has been trading since the beginning of the week yesterday, Monday, within a narrow range between the levels of 1550 - 1560 dollars per ounce, despite its rise in the middle of the trading session today, Tuesday, and before the opening of the US markets by 0.40% and trading at levels of 1761 dollars per ounce, benefiting...
View MoreThe data released moments before by the German economy and the eurozone economy showed a decline in the ZEW index, which measures economic confidence in Germany and the eurozone in the October survey, by about 4.2 points in Germany, to score 22.3 points, below expectations that indicated that it fell to 23.7, falling for the fifth time in a row....
View MoreThe Turkish lira is trading at its lowest level ever against the US dollar at levels of 9.0293 this morning, Tuesday, 12 October, in decline for the third consecutive session, affected by the recent US dollar rises that affected emerging market currencies, in addition to the continuing market fears that the Turkish Central Bank will continue to reduce prices Interest...
View MoreThe three major indices of US stocks ended the opening session of the week yesterday, Monday, October 11, amid a closure of the Treasury market due to the celebration of the Columbus holiday, and thus the absence of part of the liquidity, amid anticipation in the markets for the start of the season of companies and financial institutions’ announcements of...
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