Metals are recording gains with the beginning of the European trading session for the last sessions of the week today, Friday 25th of June, and are heading to record weekly gains, supported by the declines of the US dollar since the beginning of the week, amid anticipation in the markets for spending and personal income data in the American session...
View MoreUS stocks posted sharp gains at the close of trading yesterday, Thursday, June 24, as the S&P 500 and Nasdaq indexes closed at new records after US President Joe Biden announced that an agreement had been reached with a bipartisan group of lawmakers on the structure plan. Infrastructure. After months of negotiations, the Republican and Democratic parties reached a huge...
View MoreThe Bank of England kept its monetary policy unchanged at the Bank's meeting today, Thursday, 24th of June, as the members of the Bank voted unanimously to keep the current interest rates 0.1%. The unanimous vote was to maintain the stock of non-financial investment-grade corporate bond purchases at £20 billion, while the vote was 8-1 to continue the bank's existing...
View MoreCrude prices continue to record highs during today’s trading session, Thursday, June 24, and are trading at their highest levels in nearly a year, as Brent crude is trading at the highest levels of $75 a barrel, benefiting from the decline in US crude stocks, ignoring expectations that OPEC+ will A decision to increase production levels starting from August at...
View MoreThe German Ifo Institute Business Climate survey, which is based on a survey of more than 9,000 companies in the manufacturing, services, trade and construction sectors, showed an improvement in June at the highest pace in more than two years, according to data released this morning, Thursday, June 24, registering 101.8 points, compared to 99.2 Point in May to come...
View MoreAfter crude rises in the weekly session, and Brent crude traded at its highest levels since April of 2019 and tested levels of $75 a barrel, crude prices returned to decline in the middle of today’s session, Tuesday, June 22 (June 22), after informed sources in OPEC revealed that the Organization of Crude Producing Countries and its independent allies Led...
View MoreUS stock indices recorded gains when they closed the opening session of the week yesterday, Monday, June 21, to compensate for their losses recorded last week, as the Dow Jones Industrial Average recorded its best daily performance since last March, rising by about 586 points at the close, after losses estimated at 3% last week. In the worst weekly performance...
View MoreDigital currencies continue to fall at the beginning of this week, as Bitcoin loses more than 5% in the middle of today’s trading session, Monday, June 21, to lose more than 15% in the last seven days, while Ethereum loses about 7% amid rising concerns about the continuation of China’s campaign for cryptocurrencies . Authorities in southwestern Sichuan Province, the...
View MoreGlobal markets witnessed strong movements last week, which is considered one of the most important weeks in the third quarter of this year, after the US Federal Reserve announced its monetary policy and issued economic expectations in the coming period, as the Federal Reserve kept interest rates unchanged, as expectations were at current levels of 0.25%, and maintain The current...
View MoreThe Bank of Japan decided in its meeting this morning Friday, June 18, with a majority of seven members, to keep the current negative interest rates at 0.1% and announced that the bank will buy additional quantities of Japanese government bonds without setting an upper limit so that the Japanese government bond yields will remain for ten years. at zero...
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