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Fundamental analysis

After a bad week in cryptocurrencies, four currencies with a market value of more than 10 billion recorded gains of more than 30%
Digital currencies
image 12 September، 2021

Digital currencies recorded sharp declines last week, as Bitcoin led the currency declines, losing more than 10% and trading below the levels of $ 44,000, causing the cryptocurrency market to lose more than $ 200 billion in market value, according to Coingecko data, to reach $2.17 trillion at the beginning of today’s session, the 12th of Sunday. September (September) with...

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The Canadian economy adds more than one of the expectations and unemployment is the best since the beginning of the epidemic
Foreign currency
image 10 September، 2021

The Canadian economy added 90,000 jobs in August, according to data from the Canadian Statistics Office compared to 94,000 items added to the Canadian economy in July to exceed expectations that added the economy for only 67,000 jobs in an increase in the third consecutive month. Unemployment rates have fallen to 7.1% in August compared to 7.5% in July, while...

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Crude prices rose by more than 1.5% in the closing session of the week
Oil markets
image 10 September، 2021

Crude prices are recording strong rises before the opening of the American markets for today’s session, Friday, the tenth of September (September), the closing session of the week, as American crude (NYMEX) rises by about 1.79% and is trading at levels of $69.36 a barrel, while Brent crude is trading at levels of $72.74 a barrel, an increase of about...

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Two hours of the European Central Bank meeting and the euro is on the rise
Foreign currency
image 9 September، 2021

 During today’s session, Thursday, the markets are awaiting the monthly meeting of the European Central Bank to determine the bank’s monetary policy and update its economic expectations for the coming period. Lagarde. Economic data in the European region, after improving in May, June and July, returned to slowdown in August, as the services and industrial PMI and the Ifo index...

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US stocks decline after Janet Yellen’s comments and Futures declines
Market Indicators
image 9 September، 2021

US indices recorded declines at the close of the trading session on Wednesday, bringing the Dow Jones Industrial Average down for the third consecutive session, affected by US Treasury Secretary Janet Yellen's statements regarding the US debt ceiling, in addition to the high market expectations that the US Federal Reserve will start reducing its purchases of bonds for the remainder...

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he Central Bank of Canada keeps its monetary policy unchanged
Foreign currency
image 8 September، 2021

The Bank of Canada kept its monetary policy unchanged at its meeting today, Wednesday, issued moments before as the bank kept interest rates at the current levels at 0.25%, as expected, in addition to maintaining the bank’s program of quantitative easing, which is maintained at its current pace of $ 2 billion in the week . The report issued by...

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The yellow metal is trying to regain the levels of 1800 dollars an ounce
metals
image 8 September، 2021

Despite its rise by about 0.12% in the middle of today’s trading session, the yellow metal is trading below the levels of 1800 dollars per ounce, which it lost during the trading session yesterday, Tuesday, after losing more than 1.5% during the session, affected by the rise in the US dollar and US bond yields during the session, coinciding with...

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The rise of the US dollar continues for the third consecutive session, and markets await the Bank of Canada
Foreign currency
image 8 September، 2021

The US dollar returned to rise at the beginning of this week to continue rising for the third consecutive session with the beginning of the European session’s trading session today, Wednesday, September 8th (September), to record the index that measures the performance of the dollar against a basket of currencies (Dollar Index) gains by about 0.18% and by more than...

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Cryptocurrencies lose more than $250 billion in market value with the announcement of Bitcoin as legal tender in El Salvador
Digital currencies
image 8 September، 2021

Cryptocurrencies continue to record declines for the second consecutive session with the beginning of today’s trading session, Wednesday, the eighth of September (September), to give up the gains recorded at the beginning of the week, and after Bitcoin, the most expensive digital currency in the world, tested the levels of 52 thousand dollars, to begin to decline with the middle...

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ZEW declines for the fourth month in a row and the revised reading of growth in the euro area is at 2.2%
Foreign currency
image 7 September، 2021

The ZEW index, which measures economic confidence in Germany in the September survey, fell by 13.9 points 26.5, declining for the fourth consecutive month, less than market expectations, which indicated a rise to 30.2 points. This decline in the index comes despite the improvement in the current economic situation in Germany to 31.9, an increase of two points compared to...

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