Data released moments ago by the US Census Bureau showed a rise in US retail sales, below market expectations, as sales rose by 0.2% in June to reach $689.5 billion, compared to a growth of about 0.3% in the May reading, before being revised to 0.5%, as expected. It indicates an increase of about 0.5%. Underlying sales, excluding cars and...
View MoreChina's gross domestic product, the second largest economy in the world, recorded a growth of 6.3% in the second quarter of this year, according to data released today, Monday, July 17, from the National Bureau of Statistics, compared to a growth of about 4.5% in the first quarter and less than market expectations. Which indicated that it recorded a growth...
View MoreFor the sixth session in a row, the general index of the US dollar recorded declines and lost more than 3%, trading below the 100 levels for the first time since April of last year, at the middle of today’s session, Thursday, July 13th. Since the beginning of the week, the US dollar has been affected by rising market expectations...
View MorePreliminary figures from the Office of National Statistics in the United Kingdom ONS, released moments ago, showed a decrease in GDP growth in the United Kingdom in May by 0.1%, compared to a growth of 0.2% in April, while expectations were for a decrease of 0.3%, in contrast, the economy did not record any Growth in the three months to...
View MoreIn an expected move, the Bank of Canada, in its meeting moments ago, raised the interest rate by 25 basis points to 5% from 4.75%. The interest report issued by the bank stated that the Canadian economy was stronger than expected, and that consumer growth was strong at 5.8% in the first quarter, but the bank expects economic growth to...
View MoreData released moments ago by the Bureau of Labor Statistics in the United States of America showed that the Consumer Price Index (CPI), which measures inflation, rose by 0.2% in June, after rising by 0.1% in May, while expectations were for a rise of 0.3%, while the main index excluded prices. Food and Energy came in at 0.2%, compared to...
View More. The Reserve Bank of New Zealand decided to keep its monetary policy and interest rates unchanged at 5.50%, as expected at the bank meeting that took place this morning, Wednesday, July 12th, for the first time in nearly two years of tightening monetary policy, which witnessed 12 consecutive increases in interest rates, to stabilize interest levels at their highest...
View MoreThe ZEW index for measuring business confidence in Germany recorded a decline of about 6.2 points in the July survey, to reach -14.7, while it was expected to decline to -10.7 points. The decline in the index of economic confidence in the largest economy in the euro zone reflected the rise in expectations of rising interest rates in the euro...
View MoreThe Reserve Bank of New Zealand and the Bank of Canada lead this week's events Markets await US inflation figures Separate economic data After the meeting of the Reserve Bank of Australia, the American labor market numbers, and the minutes of the Federal Reserve meeting, in addition to some separate figures, issued the events of last week, the financial markets...
View MoreThe report issued by the US Bureau of Labor Statistics moments ago showed that 209,000 jobs were added in June, compared to the addition of 339,000 jobs in the May reading, which came below market expectations that indicated the creation of 224,000 jobs. On the other hand, the unemployment rate declined to 3.6% from 3.7%, matching expectations, coinciding with the...
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