31/01/2025
8 July، 2021
The minutes of the US Federal Reserve meeting issued yesterday, Wednesday, July 7, for the meeting held on June 15-16, showed that many members of the US Federal Reserve see the need to ease purchases of the bond purchase program at a faster pace than expected compared to the previous meeting due to positive economic data and that inflation expectations...
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7 July، 2021
Cryptocurrencies record highs mid-session today, Wednesday, July 7th, ignoring the continuation of the regulatory campaign led by China to limit dealing in cryptocurrencies since mid-May, as Bitcoin rises by about 1.8% today . Ethereum is leading the rise in cryptocurrencies, rising more than 5% today, Wednesday, after statements from US investment bank Goldman Sachs that Ethereum may displace Bitcoin in...
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7 July، 2021
US bond yields continue to decline since the beginning of the week, as the yield on US ten-year bonds loses about 2.46% this morning, Wednesday, July 7 (July), after losing more than 5% yesterday, to trade at its lowest level since last February, amid anticipation in the markets for a statement. Open Market Committee of the US Federal Reserve for...
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7 July، 2021
US stocks recorded a rise when they closed the opening session of the week on Tuesday after the weekend holiday Monday on the occasion of Independence Day in the United States of America, with the exception of the Nasdaq index, which tweeted alone, recording increases at the end of the session, while the S&P 500 index ended its series of...
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7 July، 2021
Data released this morning, Wednesday, July 7, from the Federal Statistical Office Destatis in Germany showed a decline in industrial production by about 0.3% in May, worse than market expectations, which indicated an increase of 0.5%, so that the April reading was revised to a decline of 0.3%, while the annual index rose to 17.3%. In details, industrial production, excluding...
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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...
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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...
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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...
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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...
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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...
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