A quick look at the events of the past week How did the market read employment data? Mutant omicron spreads The Australian Reserve and the Bank of Canada are on top of the week's events Will the inflation reading change market expectations about interest rates? With the US labor market data released on Friday at the end of last week,...
The yellow metal is heading to close the third week in a row after a few hours negative, despite its daily gains, as it trades today, Friday, December 3, at levels of 1772 dollars per ounce, the last sessions of the week, up 0.20% today, Friday, and a weekly decline of about 0.90% or 17 dollars, as it overcame Jerome...
The report issued by the United States Bureau of Labor Statistics a moment ago showed that only 201 thousand jobs were added in November, compared to the addition of 531,000 jobs in October, before it was adjusted to 546 jobs, much less than market expectations, which indicated the creation of jobs estimated at 556 thousand jobs. On the other hand,...
Financial markets are awaiting during the American session today, Friday, December 3, the last session of the week, the NFP data from the US Department of Labor in the November reading, as it is considered one of the most important data that the US Federal Reserve looks at before making any decision in monetary policy, and therefore the importance of...
Crude prices are recording strong declines with the beginning of the opening of the American markets, after OPEC + officially maintained, moments before, its production policy, which stipulates an increase in production by about 400 thousand barrels per day in January, while keeping its meetings open to follow the developments of the Omicron mutator and its impact on crude prices...
The yellow metal is trading down by about 0.67% at levels of $ 1770 an ounce in the middle of the European session today, Thursday, the second of December, after testing its lowest level in a month at $ 1766 moments ago, despite the rise in fears of the new strain Omicron in the markets after it spread until the...
US stocks turned from green to red at the end of the first session of December yesterday, Wednesday, causing the Dow Jones index to lose a thousand points from its highest level during the session, after the health authorities announced the first case of Omicron in the United States of America, bringing the number of countries in which the Omicron...
Data released moments before from the United States of America showed that the private sector, according to ADP estimates, added about 534 thousand jobs in the month of November, after adding 570 thousand in October, to come better than expectations that indicated the addition of 525 thousand jobs. In details, the commodity production sector added about 110 thousand jobs, while the...
Crude prices rise by more than 3.5% in the middle of the European session today, Wednesday, the first session of December, compensating part of its losses recorded yesterday, which exceeded 4%, amid anticipation of what will come out of the meeting of the Organization of the Petroleum Exporting Countries and the independent producing allies outside the organization led by Russia,...
The Turkish lira hit a new record low against the US dollar at levels of 13,500 this morning, Wednesday, December 1, with the opening of European markets after Turkish President Recep Tayyip Erdogan defended his policy and strategy. Speaking to the Turkish Radio and Radio Corporation on Tuesday, Erdogan indicated for the third time in less than a month that...