07/11/2024
6 July، 2021
The service sector index issued by the Institute of Supply Management (ISM) recorded a growth of about 60.1 points in June, about 3.9 points less compared to the reading in May and less than the market expectations, which indicated that it recorded a growth of about 63.4 points, affected by the shortage of labor and raw materials with the reopening...
View More
6 July، 2021
Crude prices are trading at their highest level since 2018 this morning, Tuesday, July 6, after OPEC + canceled its indefinite meeting yesterday, as OPEC Secretary-General Muhammad Barkindo sent a message to OPEC member countries and independent producers led by Russia that the Cancellation of the eighteenth ministerial meeting of the organization and that the next meeting will be determined...
View More
6 July، 2021
Members of the Monetary Policy Committee of the Reserve Bank of Australia decided in their meeting this morning, Tuesday, July 6, to keep the current interest rates at 0.10% levels unchanged as expected, and the Committee decided to continue buying government bonds after the completion of the current bond purchase program in early September These purchases will be at a...
View More
5 July، 2021
Crude prices are recording rises in the middle of the opening session of the week today, Monday, July 5th, as Brent crude rises by about 0.39%, trading at levels of 76.47 dollars per barrel, while US crude (NYMEX) is trading at levels of 75.46 dollars per barrel, an increase of about 0.40%. OPEC + ministers resume talks today, Monday, after...
View More
5 July، 2021
The final reading of the PMI services PMI from the euro area came at 58.3 in June, compared to 55.2 in the initial reading, and better than expectations, which indicated that it had risen to 58, making June the fourth consecutive month for the index, above the 50-point level, recording the fastest growth pace in 15 years. Supported by higher...
View More
5 July، 2021
Retail sales in Australia rose in May to 0.4% on a monthly basis, according to data released this morning by the Australian Bureau of Statistics, to come better than expectations, which indicated an increase of 0.1%, while the index rose by 7.7% at an annual pace compared to May of last year. In details, the retail trade in foodstuffs rose...
View More
5 July، 2021
Data released this morning, Monday, July 5 from China showed that growth in the service sector in the second largest economy in the world slowed sharply in June to its lowest level in 14 months, according to Caixin PMI to 50.3 compared to 55.1 to come in less than Market expectations that it will decline to 54.8, recording the lowest...
View More
2 July، 2021
The latest report issued by the International Monetary Fund showed an increase in the Fund’s expectations for the growth of the economy in the United States of America, the largest economy in the world this year, to 7%, which represents the fastest growth rate since 1984, compared to expectations in April, which indicated that the American economy would achieve a...
View More
1 July، 2021
Crude prices are recording increases at the beginning of the European session trading today, Thursday, the first session of July, as Brent crude is trading at levels of $74.86 a barrel, an increase of about 0.32%, while the American crude (NYMEX) is up by 0.41%, trading at levels of $73.77 a barrel, supported by a decline US stocks, amid anticipation...
View More
1 July، 2021
The US indices recorded mixed performance when they closed the last sessions of June and the second half of the year by closing the trading session yesterday, Wednesday 30th of June (June 30th), as the S&P 500 index recorded a new record closing level, while the Nasdaq fell at the closing of the session. By the end of the second...
View More
Currency Converter
