Preliminary figures from the Office of National Statistics in the United Kingdom ONS, released moments ago, showed that the UK's GDP growth returned to positivity in April, recording a growth of 0.2%, compared to a decrease of 0.3% in March, matching expectations, while the economy recorded a growth of 0.1% In the three months to April. In terms of production, the...
View More. Data released moments ago by the Bureau of Labor Statistics in the United States of America showed that the Consumer Price Index (CPI), which measures inflation, rose by 0.1% in May, after rising by 0.4% in April, while expectations were for a rise of 0.2%, while the main index, excluding prices, came from it. Food and energy at 0.4%,...
View MoreThe general index of the US dollar records declines by about 0.33% in the middle of today’s session, Tuesday, June 13th, to trade at 102.87 levels, amid anticipation in the markets for the US inflation figures that will be issued today, as the US dollar is affected by the high market expectations of the continued slowdown in inflation in the...
View MoreThe US dollar is on a weekly decline Three central banks lead the events of this week Do you determine the US inflation figures as a result of the Federal Reserve meeting? S0eparate economic data After the meeting of the Reserve Bank of Australia and the Bank of Canada issued the events of last week, the financial markets return in...
View MoreStatistics Canada announced that the Canadian economy lost 17,000 jobs in May, compared to the addition of 41,000 jobs in April, while expectations were to add about 20,000 jobs. On the other hand, the unemployment rate rose to 5.2% from 5%, the first increase since August 2022, while expectations were for it to rise to 5.1%, while the total working...
View MoreIn an unexpected move, the Bank of Canada, in its meeting moments ago, raised the interest rate by 25 basis points to 4.75% from 4.50%. And according to the bank’s interest report, the consumer price index, or inflation, came at 4.4% in April, which is the first increase in ten months with the rise in a wide range of goods...
View MoreThe Australian economy recorded a growth in GDP growth, according to the Australian Bureau of Statistics, abs, by about 0.2% in the first quarter of this year 2023 ending in March, compared to a growth in the fourth quarter of last year, by about 0.6% in the revised reading, while expectations indicated a growth of about 0.3 %, on an...
View MoreThe Reserve Bank of Australia raised interest rates by 25 basis points to reach 4.1%, contrary to expectations that they would stabilize at 3.85% at the bank meeting that took place this morning, Tuesday, June 6, after raising them also by 25 basis points at the last meeting, to reach their highest levels since the beginning of the year. 2012....
View MoreThe dollar is falling weekly after gains for three sessions The Reserve Bank of Australia and the Central Bank of Canada on top of the week's events Separate economic data After inflation figures from Australia and the eurozone, in addition to figures from the US labor market, topped the events of last week, the financial markets will return in a...
View MoreThe report issued by the United States Bureau of Labor Statistics, moments ago, showed that 339,000 jobs were added in May, compared to the addition of 294,000 jobs in the revised April reading, to come better than market expectations, which indicated the creation of 190,000 jobs. On the other hand, the unemployment rate rose to 3.7% from 3.4%, higher than...
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