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Fundamental analysis

Annual inflation in the United States of America rises in July, and the monthly reading is declining
Foreign currency
image 11 August، 2021

Data issued by the Bureau of Labor Statistics in the United States of America this evening, Wednesday, showed an increase in the CPI, which measures inflation, by 0.5% in July, after rising by about 0.9% in June, to come in line with expectations. On the other hand, the annual index rose over the past 12 months to 5.4% better than...

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Brent regains levels of $ 70 a barrel before the official stock data
Oil markets
image 11 August، 2021

Crude records highs with the beginning of trading in the European session today, Wednesday, August 11th, as Brent crude regained the levels of 70 dollars, after increases of more than 2% yesterday, Tuesday, to trade this morning at levels of 71.03 dollars per barrel, an increase of about 0.57%, while US crude is trading ( NYMEX) at levels of $...

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Four sessions of the continuous rise of the US dollar and anticipation of inflation data in the American session
Foreign currency
image 11 August، 2021

The US dollar continues to rise this morning, Wednesday, August 11th, for the fourth consecutive session, with gains estimated at 0.11%, and trading at 93.13 levels, at its highest level in three weeks, benefiting from rising expectations that the US Federal Reserve will hint at a date to reduce bond purchases in September at a conference Jackson Hole, which will...

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ZEW economic confidence index fell in August, the euro at its lowest level since April
Foreign currency
image 10 August، 2021

The ZEW index of economic confidence in Germany fell in the August poll, according to data released this morning, Tuesday, August 10, by 22.9 points, to 40.4, compared to 63.3 in the July reading, worse than expectations that indicated a decline to 54.9, and in the details of the index, the rating of The current economic situation in Germany to...

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Nasdaq index rises alone in the opening session of the week, and vaccine stocks rise more than 15%
Market Indicators
image 10 August، 2021

The Nasdaq Composite Index, which specializes in the technology sector, recorded gains when it closed the opening session of the week yesterday, Monday, August 9th (August), while the Dow Jones and S&P 500 indices fell from their record levels recorded at the end of the trading session last week, Friday, amid the absence of economic indicators that affect market movements....

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Bitcoin at its highest level in three months and the market value exceeds $ 850 billion
Digital currencies
image 9 August، 2021

The most expensive digital currency in the world (Bitcoin) is trading at its highest level since mid-May at levels of 45,713 thousand dollars in the middle of the trading session today, Monday, the ninth of August (August), with increases of about 2.46%, after it tested the levels of 46 thousand dollars at the beginning of the session in a clear...

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Crude loses more than 4% in the opening session of the week as markets fears of delta strain
Oil markets
image 9 August، 2021

Crude prices are recording declines of more than 4% in the middle of the trading session of the opening session of the week today, Monday, the ninth of August (August), as Brent crude is trading below the levels of 70 dollars for the first time since July at levels of 67.75 dollars per ounce, down by about 4.17%, while the...

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The yellow metal is testing its lowest level since last March in the Asian session, and is reducing its losses at the beginning of the European session
metals
image 9 August، 2021

Gold pares its losses that exceeded 3.5% this morning in the opening session of the beginning of the week, Monday the ninth of August, to trade at levels of $ 1746 an ounce, down by about 0.94%, after testing levels of $ 1684 an ounce in the morning, the lowest level for the metal since the end of last March...

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Canada Unemployment and Employment Figures Below Expectations
Foreign currency
image 6 August، 2021

Data released shortly before from the Canadian economy showed that 94 thousand jobs were added in July after 231 thousand jobs were added in June, less than expectations that it had added about 148 thousand jobs. On the other hand, the unemployment rate rose to 7.5% in July, compared to 7.8% in July, worse than expectations that it had declined...

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The US labor market is adding jobs better than market expectations and the dollar is rising
Foreign currency
image 6 August، 2021

The American labor market in non-farm jobs NFP added 943 thousand jobs in July, according to data released by the Bureau of Labor Statistics in the United States of America moments ago, compared to 938 thousand jobs in the revised June reading and better than the market expectations, which indicated the addition of about 870 thousand jobs. The unemployment rate...

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