The data released this evening, Wednesday, August 4th, showed a divergence in the performance of economic indicators in the United States of America, as the ADP employment index in the American private sector came below market expectations, while the ISM services index rose in July better than market expectations. The ADP Employment Index in the private sector announced that 330...
View MoreCrude prices are recording slight increases with the beginning of the trading session of the European session today, Tuesday, August 3, as US crude (NYMEX) rises by about 0.18%, trading at levels of $71.39 a barrel, while Brent crude is trading at levels of $72.97 a barrel, an increase of about 0.11%. Crude prices fell by more than 3% when...
View MoreThe Reserve Bank of Australia kept its monetary policy unchanged at its meeting on Tuesday morning, the third of August (August) unchanged and kept interest rates at the current levels of 0.10%, and the bank maintained its purchases of government bonds equivalent to five billion Australian dollars until the beginning of next September and reduced them to Four billion a...
View MoreThe ISM Manufacturing Business Survey showed that economic activity in the manufacturing sector grew less than market expectations in July, growing for the fourth consecutive month, at 59.5, down by 1.1 compared to June's reading of 60.6 and less than market expectations, which indicated a rise to 60.8. In the details of the index, the new orders index recorded a...
View MoreCryptocurrencies record declines with the beginning of the opening session of the markets today, Monday, the second of August (August), as Bitcoin loses more than 5% with the opening of the European session’s trading on Monday, amid a state of anxiety and tension over the American infrastructure bill that prompted investors to reap their profits and put pressure on me....
View MoreRetail 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 More