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Fundamental analysis

Gold trims its losses, taking advantage of the decline in the US dollar
metals
image 4 October، 2021

Gold prices record declines in the middle of the trading session today, Monday, the fourth of October, the opening session of the week and before the opening of the American markets, where the yellow metal loses about 0.33%, or the equivalent of 5 dollars, and is trading at levels of 1754 dollars per ounce, trimming its losses that extended to...

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Will OPEC + change its production policy in today’s meeting?
Oil markets
image 4 October، 2021

 Crude prices recorded stability in the opening session of the week today, Monday, the fourth of October, with the opening of the European markets, where American crude (NYMEX) is trading at a slight increase of 0.07% and is trading at levels of $75.93 a barrel, while Brent crude is trading at levels of $79.33 a barrel, an increase of about...

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US labor market data, the Reserve Bank of Australia and New Zealand, the most important events of the week (weekly currency report)
Foreign currency
image 4 October، 2021

The most important events of the last week Will the Reserve Bank of New Zealand raise interest rates? US labor market data key to lower bond purchases After a week described as relatively calm in terms of the economic agenda, the markets concluded the month of September and the third quarter of this year by the end of last week,...

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The Fed’s preferred inflation indicator rises in August, and the dollar gains weekly
Foreign currency
image 1 October، 2021

Despite the general index of the US dollar declining by more than 0.20% since the beginning of the session and trading at 94 levels, with the opening of the US markets for the closing session of the week today, Friday, the US dollar is heading to record weekly gains for the fourth consecutive week by more than 0.75%. Data released...

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Bitcoin rises 10% in the closing session and leads the rise of cryptocurrencies
Digital currencies
image 1 October، 2021

Cryptocurrencies record strong rises in the closing session of the week today, Friday, the first session of October, and before the opening of the American markets, where the bitcoin, the most expensive digital currency in the world, leads the rise of the rest of the currencies with gains of about 10.25% and trading at levels of 47,400 thousand dollars, heading...

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Crude records the largest monthly gain since February, and markets are awaiting the OPEC + meeting next Monday
Oil markets
image 1 October، 2021

Crude prices are recording declines in the middle of the trading session on Friday, the first of October and the last quarter of this year, as US crude (NYMEX) is down by about 0.88% and trading at levels of $74.37 a barrel, while Brent crude is losing about 0.65%, trading at levels of $77.80 a barrel. Crude prices recorded monthly...

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The Nasdaq index is the worst among the indicators in September and the US government is temporarily avoiding the closure, and the futures for the first session of October are down
Market Indicators
image 1 October، 2021

US stocks ended the month of September with declines by closing the last sessions of September and the third quarter of this year yesterday, Thursday, after a loss of more than 500 points in the Dow Jones Industrial Average, which records a monthly loss for the first time in seven months, despite the recent moves by Congress to avoid the...

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Hours before the monthly and quarterly closing, the Dow Jones loses more than 400 points, and gold is rising strongly and reducing its monthly losses
Foreign currency
image 30 September، 2021

Some financial assets move strongly less than six hours ago to close the month of September and the third quarter of this year and enter the fourth quarter by the first of October tomorrow, Friday, as the Dow Jones index loses more than 400 points and trades below 34 thousand levels at 33,966 levels, a loss estimated at 1.23 %...

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Markets await Senate vote on temporary law preventing federal government shutdown
Foreign currency
image 30 September، 2021

 During today’s session, Thursday, the last sessions of September and before the opening of the American markets, the temporary financing bill that prevents the closure of the US federal government hours before the start of the new fiscal year tomorrow, October 1, according to the statements of the Democratic majority leader in the Senate, Senator Chuck Schumer, who indicated that...

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The yellow metal is set to lose more than 5% in September
metals
image 30 September، 2021

The yellow metal is heading to record a loss of more than 5% or $90 in September, by closing the last sessions of September and the third quarter of the year on Thursday, September 30th, with a quarterly loss of $40 at current prices of $1728 per ounce, while silver is losing more than 9% in September traded at its...

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