Retail sales in Germany rose in June by 4.2%, according to data released on Monday morning, August 2 from the Federal Statistical Office (Destatis), compared to the revised May reading to 4.6%, less than the market expectations of 1.9%, benefiting from the continuous decline In the incidence of corona virus in Germany. On the other hand, retail sales in Switzerland...
View MoreThe manufacturing PMI released by PMI in the world's second largest economy (China) grew by 50.3 points in July, down from 51.3 in June (expectations of 51.1), marking the slowest pace of growth in 16 months. Most of the sub-indices declined, led by new orders, which fell by 0.6 points, while export orders fell below 50 levels by 47.7 due...
View MoreUS stock indices recorded gains at the close of the trading session yesterday, Thursday, July 29 (July), ignoring the US GDP reading for the second quarter of this year, which came in less than market expectations, and the Dow Jones Industrial Average exceeded the 35 levels at the close. The data released yesterday, Thursday by the Bureau of Economic Analysis...
View MoreData released a short time ago by the Bureau of Economic Analysis in the United States of America showed an increase in the US gross domestic product in the second quarter of this year ending in June in an initial estimated reading of 6.5%, compared to 6.4% in the first quarter, to come less than the expectations of the markets...
View MoreGold continues to record gains for the second consecutive session, in the middle of today’s trading session, Thursday, July 29 (July), by trading at 0.67% and trading at $1.818 an ounce, benefiting from the declines of the US dollar, which is losing more than 0.20% during today’s trading session, due to the inverse relationship between the US dollar and gold....
View MoreCrude prices are recording rises with the beginning of the trading session of the European session today, Thursday, July 29 (July) for the second session in a row, as Brent crude is trading at levels of 75.23 dollars a barrel, an increase of about 0.66%, while American crude (NYMEX) is rising by about 0.79% and is trading at 72.96 levels....
View MoreThe Federal Reserve kept its monetary policy unchanged at its meeting on Wednesday, July 28, and kept interest rates at the current levels of 0.25%, and the bank decided to maintain its purchases of Treasury bonds by $80 billion per month and its purchases of mortgage-backed securities by 40 billion dollars a month. The statement issued by the bank stressed...
View MoreThe CPI, which measures inflation in Canada, rose by 0.3% in June, on a monthly basis, compared to 0.5% in May, according to the report issued by Statistics Canada, and less than expectations that it would rise by 0.4%. On the other hand, the index rose on an annual basis. In June, by 3.1%, compared to 3.6% in May, excluding...
View MoreThe World Economic Outlook report issued by the International Monetary Fund (IMF) showed in its latest reports issued on Monday that the global economy is expected to grow by 6% this year and 4.9% next year 2022, unchanged compared to its expectations last April, while it revised its forecast for growth The US economy and emerging and developing economies to...
View MoreCrude prices are recording rises with the opening of the European markets for today’s session, Wednesday, the 28th of July (July), where Brent crude rises by about 0.48% and is trading at levels of 74.84 dollars a barrel, while the American crude (NYMEX) is trading at levels of 71.95 dollars a barrel, an increase of about 0.42%, amid anticipation In...
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