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Fundamental analysis

Annual inflation in the United States of America at its highest level since 1990
Foreign currency
image 10 November، 2021

 Data released moments before by the Bureau of Labor Statistics in the United States showed that the CPI, which measures inflation, rose by 0.9% in October, after rising by about 0.4% in September, to come in better than expectations that indicated a rise to 0.6%, while the main index excluding it rose Food and energy prices to 0.6% (expectations of...

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US dollar rises amid anticipation of inflation data
Foreign currency
image 10 November، 2021

 The general index of the US dollar recorded highs in the middle of the trading session today, Wednesday, the 10th of November, and a few hours before the announcement of the data of the US consumer price index, which is concerned with measuring inflation, as expectations indicate that the annual inflation in the United States of America will rise at...

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Despite the morning declines, cryptocurrencies maintain the $3 trillion market value
Digital currencies
image 10 November، 2021

 After Bitcoin and Ethereum recorded the yields of two digital currencies in the world to record levels during yesterday’s session, cryptocurrencies recorded declines this morning, Wednesday, November 10, as Bitcoin lost about 2.48% and traded at levels of 66,500 thousand dollars, with a market value estimated at 1.257 billion dollars, while Ethereum traded It decreased by about 2.09% at levels...

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, and the S&P loses after rising for eight consecutive sessions
Market Indicators
image 10 November، 2021

 The three main US stock indices recorded declines at the end of trading on Tuesday, the ninth of November, after gains that continued for more than a week, as the S&P 500 index ended a series of gains that continued for eight consecutive sessions, in the longest series of consecutive gains since April of the year 2019 amid a state...

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US data supports the dollar’s gains in the American session
Foreign currency
image 26 October، 2021

 The US Conference Board's Consumer Confidence Index rose in October to 113.8 points after declines for the previous three months, the most recent of which was declines in September. In the details of the index, the current situation index, based on consumers' assessment, rose to 147.4 from 144.3, while the expectations index rose to 91.3 compared to 86.7 in September....

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Brent crude tries to maintain its weekly gains
Oil markets
image 22 October، 2021

 Brent crude seeks to close its eighth week in a row with weekly gains, despite trading close to the levels of the opening session of the week, at a loss of 0.10%, trading at levels of $85.07 a barrel, and gains today, Friday, by 0.54%, after losing its highest level during the week, centered at $86.04 a barrel. Yesterday Thursday,...

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The US manufacturing PMI is at its lowest level in seven months, and the dollar is recording weekly losses
Foreign currency
image 22 October، 2021

 The Purchasing Managers' Index for the US services sector rebounded in the preliminary reading for the month of September, according to the report issued by IHS Markets or the US Bureau of Economic Analysis issued moments ago, by 58.2, exceeding expectations that indicated a decline to 55.3, to be revised to the August reading, rising to 54.9, recording its highest...

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Canadian retail sales beat expectations, grow 2.1%
Foreign currency
image 22 October، 2021

 Data released by Statistics Canada a moment ago showed that retail sales rose by 2.1% in August to reach $57.2 billion, after declining by about -0.6% in the July reading, to exceed expectations that it would rise to 2%, supported by an increase in sales of food and beverage stores by about 4.8 And the growth of sales of petrol...

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Gold is heading to record weekly gains for the second week in a row, taking advantage of the decline in the US dollar
metals
image 22 October، 2021

 The yellow metal is trading at an increase of about 0.52% or $11 in the middle of the European session and before the opening of the American markets, trading at levels of $1792 per ounce, heading to record gains for the second week in a row by more than 1.5% if it maintains these levels until the close of the...

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Manufacturing and Services PMI mixed in the Eurozone and recovery in the UK
Foreign currency
image 22 October، 2021

 The preliminary reading of the PMI for the euro area in the services and manufacturing sectors recorded some variation amid a clear impact of supply bottlenecks, as the services index in the euro area fell to its lowest level in six months in the October reading at 54.7 compared to 56.4 in September (expectations at 55.4), in On the other...

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