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Fundamental analysis

Chinese and Japanese data dominate the events of the Asian session, and the performance of stocks is mixed before the close
Foreign currency
image 30 September، 2021

 Data released this morning from the National Bureau of Statistics of China showed a decline in the manufacturing purchasing managers index in September to below 50 points for the first time since last February, recording 49.6, compared to 50.1 in the August reading and less than expectations that indicated a decline to 50 as The sector was affected in the...

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Inventories rise and put pressure on crude prices
Foreign currency
image 29 September، 2021

 Crude prices continue to decline for the second consecutive session, an hour after the opening of the American markets, as Brent crude loses about 0.78% and is trading at levels of $78.41 a barrel, while American crude (NYMEX) is trading at levels of $74.79 a barrel, down by about 0.50%, as crude prices are exposed to selling pressure after US...

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The US dollar is at its highest level since November 2020, and the British pound is one of the biggest affected
Foreign currency
image 29 September، 2021

 The general index of the US dollar, which measures the performance of the dollar against a basket of currencies (Dollar Index), recorded increases for the fourth consecutive session in the middle of the trading session today, Wednesday, September 29 (September), to trade at its highest level since the first of November of last year at levels of 93.79, at an...

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Cryptocurrencies morning rises despite the weak performance since the beginning of the week
Digital currencies
image 29 September، 2021

 The majority of digital currencies are trading within a narrow ring since the beginning of the week until the morning of today, wen, September 29 (September), where the most expensive digital currency in the world (Bitcoin) is trading within a ring between 40 thousand - 44 thousand dollars since the beginning of the week, despite its rise today by about...

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Strong declines in US indices and the Nasdaq records its worst daily performance since March
Market Indicators
image 29 September، 2021

 The three major American indices ended the trading session yesterday, Tuesday, September 28, with strong declines, as the Dow Jones index lost more than 500 points, while the Nasdaq index specialized in the technology sector recorded its worst daily performance since last March, affected by the rise in US bond yields. The yield on the ten-year US Treasury bond traded...

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Crude gains for the sixth consecutive session, and natural gas rises by more than 10%
Oil markets
image 28 September، 2021

Crude prices continue to rise for the sixth session in a row, in the middle of the trading session today, Tuesday, and before the opening of the American markets, as Brent crude regained the levels of 80 dollars and is trading at levels of 80.20 dollars per barrel, rising by about 0.84% ​​after testing the levels of 80.58 dollars per...

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Strong moves in the US dollar and the yellow metal, in light of the rise in the yield on US bonds to its highest level in three months
Foreign currency
image 28 September، 2021

the most important events Less than three days after the government shutdown Jerome Powell's testimony High yield on bonds Statements by members of the US Federal Reserve With the beginning of the European session’s trading session today, Tuesday, the general index of the US dollar continues to rise for the second session in a row, and is trading at 93.56...

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Australian retail sales decline for the third month in a row
Foreign currency
image 28 September، 2021

Retail sales in Australia fell in August, according to the Australian Bureau of Statistics (ABS) statement issued in the Asian session today, Tuesday, by -1.7. The closures due to the new Delta strain in Australia, especially in the two largest cities in Australia (Sydney and Melbourne), continue to affect the retail sector, which is worth 360 billion dollars and represents...

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Durable goods orders grow 1.8% in August
Foreign currency
image 27 September، 2021

New orders for durable goods rose in August, according to a report by the US Census Bureau issued a few moments ago, by $4.6 billion, or 1.8%, to reach $263.5 billion. The index came in better than market expectations, which indicated a growth of about 0.7%, On the other hand, basic orders, excluding transportation, increased by 0.2%.

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Less than a dollar separates Brent crude from levels of 80 dollars a barrel, and Goldman Sachs raises its expectations
Oil markets
image 27 September، 2021

Crude prices are recording rises with the beginning of the European period for the opening session of the week today, Monday, 27 September, as Brent crude is preparing to trade within the levels of 80 dollars per barrel for the first time since October of 2018, where Sabaj is trading today at 79.02 dollars per barrel, up by about 1.2%...

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