Less than six hours separates us from the most important economic data for the current week represented in the non-agricultural employment data known as NFP issued by the US Department of Labor. Determine its monetary policy. Expectations from most analysts, banks and financial institutions indicate the addition of between 400-600 thousand jobs in the month of September, compared to 235...
View MoreMajor US stock indexes closed higher on Thursday, October 7th, benefiting from Senate Majority Leader Chuck Schumer's announcement that lawmakers had reached an agreement on extending the debt ceiling until December after hours of debate. The file of the US debt ceiling was a threat to the US economy, as October 18th is considered the last date for raising the...
View MoreThe American private sector added 568,000 jobs in September, compared to 374 thousand jobs in August, according to the report issued moments before the ADP, exceeding market expectations, which indicated the addition of about 425,000 jobs. In the details of the index, the commodities sector added 102 thousand jobs, while the construction sector added 46 thousand jobs, the mining sector...
View MoreDespite crude’s declines in the middle of the trading session today, Wednesday, October 6, US crude is trading at its highest level since November of 2014 at levels of $78.46 an ounce, declining during today’s session by about 0.60% after testing levels of $79.70 a barrel in the Asian session, while Brent crude is trading At levels of 82.13, down...
View MoreThe general index of the US dollar resumed its upward journey after stopping for three consecutive sessions in which the US dollar recorded declines by about 0.40% to test levels of 94.07 at the beginning of the week before it started to rise with the beginning of the American session yesterday, Tuesday, and continued its rise this morning, Wednesday, October...
View MoreThe Reserve Bank of New Zealand announced that it raised the interest rate by a quarter point (25 basis points) to reach 0.50% at its meeting in the Asian session on Wednesday, October 6th, as expectations were and as we mentioned in our report on the link. Will the Reserve Bank of New Zealand raise interest rates? (Movement scenarios for...
View MoreIn the Asian session, tomorrow morning, Wednesday, markets are awaiting the Reserve Bank of New Zealand’s announcement of interest rates, as expectations indicate that the bank will raise interest rates by a quarter point (25 basis points) to 0.50% at its meeting tomorrow morning, after the decision was postponed in the last August meeting to coincide with the The government...
View MoreCryptocurrencies are recording gains with the beginning of the European session’s trading session today, Tuesday, October 5, to extend its gains since the end of last week, as Bitcoin, the most expensive digital currency in the world, rises by more than 18% in the last seven trading sessions and is close to recovering the levels of 50 thousand dollars for...
View MoreUS stocks recorded declines when they closed the opening session of the week yesterday, Monday, the fourth of October, as the declines of the Nasdaq Composite Index and specialized in the technology sector, which exceeded 2%, led the losses of US stocks, in addition to the high market expectations that the US market has entered the correction phase with the...
View MoreThe Reserve Bank of Australia decided, in its meeting this morning, Tuesday, the fifth of October, to keep monetary policy unchanged as expected and to keep the current interest rates at 0.10%, and the bank decided to continue buying government securities at a rate of 4 billion dollars per week until February of next year at least. The statement issued...
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