A look at the main events of the past week Are market expectations of tightening monetary policy receding? The statements of the heads of central banks and members of monetary policy are ahead of the economic data Tension and heightened uncertainty was the main topic of the closing session of the markets last week, Friday, after all things were...
Dow Jones loses more than 900 points less than two hours before the early closing of the closing session of the week The three major indices of the American market record strong declines less than two hours before the closing session of the week ends today, Friday, November 26, as the Dow Jones index loses more than 900 points, affected...
Crude prices are recording strong declines in the closing session of the week today, Friday, and before the opening of the American markets, amid international warnings of the new strain of the Corona virus coming from South Africa, which raised markets’ concerns about global demand for oil, in addition to fears of oversupply in the first quarter of next year,...
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...
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...
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...
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...
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...
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...
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...