Cryptocurrencies record collective declines at the closing session of the week today, Friday, as the market value of cryptocurrencies combined, according to the Coingecko website, fell to less than 2 trillion dollars to reach 1.95 trillion, a decline of about 5.8% in the last 24 hours only to expand the largest digital currency in the world (Bitcoin) from Its losses...
Crude prices recorded increases in the closing session of the week today, Friday, the 24th of September (September), and less than seven hours before closing the markets and entering the weekend, as Brent crude rose by about 0.60% during today’s session and is trading at levels of $77.85 a barrel, the highest level since October from The year 2018 is...
One of the few times that we see similar movements in gold and the dollar, unlike the natural inverse relationship between them, as the yellow metal and the dollar have moved at the same pace since yesterday’s session, as gold recorded declines during the session yesterday by more than 2%, while the general index of the US dollar declined by...
The Bank of England, in its meeting today, Thursday, kept interest rates unchanged at 0.10% by a unanimous vote of the nine members. Continuation of the £20 billion asset purchase programme. The bank said in a statement that the consumer price index or inflation was expected to rise temporarily in the near term to 4% in the fourth quarter of...
Cryptocurrencies are recording collective gains this morning, Thursday, September 23, bringing the combined market value of cryptocurrencies, according to Coingecko, by 5.4% to reach $2.08 trillion. to 831 billion dollars. The digital currencies were subjected to selling pressures since the beginning of the week, before returning to rise this morning, taking advantage of the statements of Jerome Powell, the US...
Moments ago, the Swiss National Bank announced its monetary policy, as the bank maintained its expansionary policy and kept the low interest rate at -0.75%, while emphasizing that it is ready to intervene in the foreign exchange market in order to face the upward pressure on the Swiss franc, as the bank still sees that The value of the franc...
The markets finished evaluating the US Federal Reserve meeting after Jerome Powell’s press conference, which included answering many questions that were capable of being explained by the markets. November, although the Fed did not explicitly announce it, but he mentioned that the time has come and confirmed that the end of the procurement program by mid-2022 would be appropriate, which...
In conjunction with the meeting of the Federal Open Market Committee FOMC, the participants in the meeting presented their expectations for the coming period for the US economy, as the GDP growth expectations for the US economy came down by about 5.9% this year, compared to 7% in the June forecast, while it is expected to rise to 3.8% in...
the US Federal Reserve decided, in its meeting held since Tuesday, which was announced moments ago, to keep interest rates unanimously unchanged at the current levels of 0.25% as expected, and the bank announced that it will continue its program to purchase assets from Treasury bonds with at least $ 80 billion per month and $40 billion per month. $1...
US inventories are falling, and crude is paring its gains after rising gasoline stocks The report of the US Energy Information Administration issued a few moments ago showed that crude stocks in the United States of America decreased in the last week ending September 17 to 3.48 million barrels, compared to expectations that indicated a decline to 3.02 and compared...