The Central Bank of Canada decided at the bank’s meeting today, Wednesday, July 14, to keep the current interest rates at 0.25% unchanged, as expected, while the bank decided to reduce its purchases of bonds from 3 billion Canadian dollars per week to 2 billion Canadian dollars, in a clear indication from the bank that the economy Al-Kindi is going...
US stock indices recorded declines at the close of the trading session on Tuesday, July 13 (July 13), as the S&P 500 and Nasdaq lost gains at the beginning of the session, and recorded new records, to acquire the red color at the close, amid market anticipation for the testimony of US Federal Reserve Chairman Jerome Powell today, Wednesday. Inflation...
The Reserve Bank of New Zealand, in its meeting on the morning of Wednesday, July 14, kept the current interest rates unchanged at 0.25%, as expected, and announced the suspension of the additional LSAP asset purchase program of NZ$100 billion ($70 billion) by the 23rd. July 2021. The report issued by the bank showed that the New Zealand economy is...
Data issued by the Bureau of Labor Statistics in the United States of America showed an increase in the consumer price index, which measures inflation by 0.9% in June, after rising by about 0.6% in May, exceeding expectations that indicated it would rise to 0.5%, recording the largest pace of increase since June 2008, while the index rose By about...
The major indices of the US markets recorded record highs when they closed in the opening session of the week yesterday, Monday, July 12 (July 12), as the Dow Jones Industrial Average tested the 35,000 levels before returning and closing close to them, as the markets await the start of companies, financial institutions and banks announcing their results for the...
Gold records gains at the beginning of the trading session of the European session today, Tuesday, July 13, with 0.30% and is trading at levels of $ 1811 an ounce, after declines for the metal at the beginning of the week yesterday, Monday, and its test of levels of $ 1790 an ounce, amid anticipation in the markets for US...
Crude is declining at the beginning of the week’s trading today, Monday, July 12, with the opening of the European markets by more than 1%, as Brent crude is trading at levels of $ 74.63 a barrel, down by about 1.22%, while American crude (NYMEX) is losing about 1.19%, trading at levels of 73.67 Dollars per barrel with rising concerns...
The markets witnessed sharp fluctuations during the past week ending Friday, the ninth of July (July), despite the weak economic calendar during the week, but the rise in fears in the markets and anxiety, which pushed the yield on US bonds to decline by more than 8%, caused a clear decline in risk appetite during the week and thus We...
Crude oil inventories in the United States of America decreased in the last week ending on July 2, according to the report issued by the US Energy Information Administration on Thursday, by 6.9 million barrels, to reach 445.5 million barrels, while expectations indicated a decline of about 4 million barrels, compared According to the report of the American Petroleum Institute...
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...