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Fundamental analysis

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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The Bank of England keeps its monetary policy unchanged, and the British pound is rising
Foreign currency
image 5 August، 2021

The Bank of England voted unanimously at its meeting ending Thursday, August 5th, to maintain the current interest rate at 0.10% levels, unchanged as expected, and the committee voted by 7 members to 1 to continue the Bank's bond purchase program at 895 billion pounds. In the monetary policy report issued by the Bank, the Bank changed its expectations for...

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The Dow Jones and S&P 500 indexes fell at the close, and Robin Hood shares jumped 50% at the close
Market Indicators
image 5 August، 2021

The US indices recorded a decline at the close of the trading session yesterday, Wednesday, August 4th, with the exception of the Nasdaq Composite Index, which recorded gains at the close, after mixed data from the US economy was announced during the session, in addition to statements from the US Federal Committee member Richard Clarida to the Peterson Institute for...

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The yield on the US 10-year bond rises from its lowest level in two weeks, and gold is losing its gains
Foreign currency
image 4 August، 2021

The yield on US Treasury bonds rose during the trading session on Wednesday, as the yield on the ten-year bonds rose from its lowest level in two weeks after falling for three consecutive days, to trade at 1.20 levels, up by about 2.24%, after testing 1.13 levels in the Asian session. The data released this evening showed a discrepancy in...

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Continuing declines in crude and stocks rise suddenly
Oil markets
image 4 August، 2021

Crude prices continue to decline in the middle of the trading session of the American session today, Wednesday, August 4th, to trade at its lowest level in two weeks, with rising concerns about the speed and spread of the Delta strain and the decline in global demand for crude. The data of the US Energy Information Administration, released a while...

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