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Fundamental analysis

The impact of the shutdown on Australian labor market data in September continues
Foreign currency
image 14 October، 2021

 The 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...

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OPEC downgrades its forecast for global oil demand growth, and US crude is losing $80 levels, amid anticipation of the stockpile statement
Oil markets
image 13 October، 2021

 Crude 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...

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US inflation exceeds expectations and gold loses its gains
Foreign currency
image 13 October، 2021

Data 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...

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The International Monetary Fund puts pressure on digital currencies and Bitcoin leads the declines
Digital currencies
image 13 October، 2021

 Cryptocurrencies 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...

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Markets are awaiting inflation data and the Fed minutes today, Wednesday, and the US dollar records a new high for the year 2021
Foreign currency
image 13 October، 2021

 Investors 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...

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Increases in the yellow metal fair session and aluminum at their highest levels since 2008
metals
image 12 October، 2021

The 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...

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ZEW Economic Sentiment Index Declines in Germany and the Eurozone
Foreign currency
image 12 October، 2021

 The 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....

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Turkish lira hits new record
Foreign currency
image 12 October، 2021

The 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...

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US stocks decline amid anticipation of the business results season
Market Indicators
image 12 October، 2021

The 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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More than 2% gains for crude in the opening session of the week, and the US is at its highest level since 2014
Oil markets
image 11 October، 2021

 Crude prices recorded highs in the middle of the trading session of the opening session of the week today, Monday, the 11th of October, to continue its gains for three consecutive sessions, taking advantage of the commitment of the Organization of the Petroleum Exporting Countries and its independent producing allies outside the organization to its agreement in July, in addition...

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