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Fundamental analysis

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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Has the market passed the US debt ceiling crisis?
Foreign currency
image 11 October، 2021

Eleven Republicans contributed to the Senet vot last Thursday in saving the United States of America temporarily from a catastrophic crisis that would have hit the American and global economy by contributing to the enactment of legislation to increase the US debt ceiling by 480 billion dollars, bringing the number of voters to 60, which is the number that the...

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Inflation data and the minutes of the US Federal Reserve meeting, the most important events this week (weekly currency report)
Foreign currency
image 11 October، 2021

 yield on US bonds continues to rise Statements by members of the US Federal Reserve during the week unscheduled events The markets concluded last week with the US and Canadian labor market data on Friday, turning the attention towards a new week full of economic data and events with the beginning of Monday the 11th of October, as the US...

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The US economy added 194,000 jobs in September, and Canadian jobs exceed expectations
Foreign currency
image 8 October، 2021

The report issued by the US Department of Labor in Washington just a few moments ago showed that 194 thousand new jobs were added in September, compared to 235,000 jobs added by the sector in October, less than the expectations that were referring to the addition of 490 thousand jobs. The statement showed a decline in the unemployment rate by...

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The market value of Bitcoin exceeds one trillion dollars again, and Sheba is one of the biggest beneficiaries of the week
Digital currencies
image 8 October، 2021

Cryptocurrencies record collective weekly gains, led by Bitcoin, at the closing session of the week, today, Friday, October 8, as Bitcoin leads the gains of digital currencies, with increases of more than 22% in the last seven trading sessions, and a rise of about 56% today, Friday, with its recovery of one trillion dollars, market value for the third time,...

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