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Fundamental analysis

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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Technology companies support the Nasdaq and S&P indices in the opening session
Market Indicators
image 19 October، 2021

\ US stocks recorded a mixed performance when they closed the opening session of the week yesterday, Monday, October 18th, as the Dow Jones Industrial Average declined, affected by the rise in global growth concerns after the slowdown in growth in the second largest economy in the world, in addition to the rise in global inflation fears, while the S&P...

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Will ProSHares be the first Bitcoin ETF to get approval and what is the reaction of Bitcoin
Digital currencies
image 18 October، 2021

 The bitcoin currency is trying to break the top formed during the trading session yesterday, Sunday, which is stationed at 62800, in the middle of the trading session today, Monday, by trading at levels of 61 thousand dollars, an increase of about 0.05%, and a market value estimated at 1 trillion and 150 billion dollars. The past and centered at...

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The rise in the yield on US Treasury bonds pressures the yellow metal in the opening session
metals
image 18 October، 2021

 The yellow metal is trading lower with the opening of the European markets for the opening session of the week today, Monday, the 18th of October, as gold loses about 0.22%, or about 6 dollars, and is trading at levels of 1761 dollars per ounce, after declines of more than 1.5% in the closing session of the week (Friday) after...

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The most important events expected for the current week (weekly currency report)
Foreign currency
image 18 October، 2021

 A look at the main events of the past week Chinese growth and New Zealand inflation top the scene in the Asian session The absence of major US data is the most prominent headline for the week Inflation from the UK and Canada the most important during the week Miscellaneous data we will follow during the week In the absence...

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Bitcoin shines in the closing session and trades at its highest level in six months
Digital currencies
image 15 October، 2021

 Bitcoin, the most expensive digital currency in the world, is trading at its highest level since mid-April at the closing session of the week today, Friday, 15 October, at levels of $61,324 thousand, an increase of about 7.17% and increases of more than 13% in the last seven trading sessions, to exceed the market value of one trillion and 160...

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