Crude prices continue to decline for the second session in a row this morning, Thursday, the 18th of November, with the opening of the European markets, to trade at its lowest level since the beginning of October, after it ignored the declines in US stocks yesterday, with fears of pumping more production to limit the price hikes. Some reports came...
A quarterly survey by the Reserve Bank of New Zealand that includes business managers, economic professionals an industry leaders showed that inflation may rise to 2.96% in the last quarter of this year, compared to 2.27% in the second quarter survey, while expectations indicate that inflation will rise to 3.70% at an annual pace. Compared to 3.02% in the third...
The CPI in Canada, which measures inflation, rose to 4.7% on an annual basis in October, recording the fastest pace of growth since February 2003, compared to 4.4% in the September reading. The index, excluding gasoline, rose to 3.3%, the monthly index rose by 0.7% in Amauber compared to 0.2% in September's reading, in line with expectations, in the largest...
On Tuesday, the US President announced to reporters at the White House that he will reveal his candidate to lead the US Federal Reserve for the next four years in the next four days, as the US President chooses between keeping Jerome Powell, the current president of the US Federal Reserve, and Lail Brainard, a member of the Federal Reserve...
The gains in the general index of the US dollar continue for the third consecutive session this morning, Wednesday, the 17th of November, with the opening of the European markets, as investors bought the US dollar strongly after US retail sales, which exceeded expectations in October, rising to the highest level since last March, rising for the third month in...
The CPI, which measures inflation in the United Kingdom, rose by 4.2% in the 12 months to October, compared to 3.1% in the September reading, exceeding expectations that it would rise to 3.9%, its highest level since November 2011. On the other hand, the core index, excluding food and energy prices, rose to 3.4% on an annual basis, compared to...
The three major indices of US stocks closed with gains when they closed the session on Tuesday, benefiting from the retail sector stocks supported by the US retail sales index exceeding expectations in October, while US companies and institutions continue to announce their quarterly results for the third quarter, as markets ignore the state of fear and anxiety caused by...
Data released moments before by the US Census Bureau showed a rise in US retail sales better than market expectations, as sales rose by about 1.7% in October, the highest level in seven months, and rose for the third month in a row, after rising by about 0.7% in the September reading revised to 0.8 %, while expectations indicated that...
The two largest digital currencies in the world by market value (Bitcoin and Ethereum) are leading the losses of digital currencies, which are in the red color in the middle of the trading session today, Tuesday, November 16th, as all cryptocurrencies whose market value exceeds one billion dollars, except for two or three currencies, lose the cryptocurrency market about 8.7...
The yellow metal regained its gains in the middle of the trading session today, Tuesday, the 16th of November, and before the opening of the American markets, after the declines of the opening session yesterday, Monday, to trade at a rise of about 0.60%, and trading at levels of $ 1873 per ounce, at its highest level since last June,...