The New Zealand economy recorded a growth in the first quarter of this year ending in March by 1.6 percent, according to data released today, Thursday, after it recorded a decline of about 1% in the fourth quarter of last year, exceeding expectations that it would record a growth of about 0.5 percent. This rise in New Zealand's GDP growth...
View MoreData released from Australia this morning, Thursday, June 17, showed an improvement in the Australian labor market in May, as the unemployment rate fell to 5.1% compared to 5.5%, while expectations indicated its stability, in addition to an increase in the labor participation rate to 66.2%. On the other hand, the Australian labor market added about 115.200 thousand jobs in...
View MoreThe index that measures the performance of the US dollar against a basket of currencies (Dollar Index) recorded the largest daily rise during the current year 2021, with gains of about 0.90% during the trading session yesterday, Wednesday, June 17, which is the session that the markets have long awaited, as the US Federal Reserve announced its policy cash and...
View MoreThe consumer price index, which measures inflation in the United Kingdom, rose in May at a faster pace than expected, according to data from the Office for National Statistics issued this morning, Wednesday, June 16, as the annual index rose by 2.1% compared to 1.6% in April, exceeding expectations that indicated growth By 1.8%, the main index, excluding food and...
View MoreThe US market indices recorded a mixed performance when they closed the opening session of the week yesterday, Monday, as the Dow Jones Industrial Average closed with declines, while the Nasdaq and S&P 500 indices recorded gains during the session. The rises in technical stocks supported the rises of the Nasdaq index specialized in the technology sector, led by Apple...
View MoreThe yellow metal tested the psychological support levels and the 200-day average on the daily stationed at levels of $ 1842 an ounce during the opening session of the week yesterday, Monday, with a loss of more than 1% before rebounding by the end of the American session and closing at levels of $ 1865 and trading this morning, Tuesday,...
View MoreCryptocurrencies have recorded gains since the beginning of the week, taking advantage of the rises of the most expensive digital currency in the world (Bitcoin), which is trading above 40 thousand dollars for the first time in three weeks, after sharp declines that affected cryptocurrencies in the past few days. This support for cryptocurrencies and Bitcoin in particular came from...
View MoreThe markets are awaiting many important economic data during the current week, which began today, Monday, June 14 (June 14), led by a meeting of three central banks and the announcement of their monetary policy (the US Federal Reserve - the Bank of Japan - the Swiss National Bank) in addition to many separate economic data such as US retail...
View MoreThe yellow metal failed to close above the psychological support levels of 1900 dollars per ounce for the second week in a row when it closed the weekly session yesterday, Friday, at levels of 1876 dollars per ounce, with a weekly loss estimated at about 0.89% or 14 dollars, after it tested the 1902 levels during the week. These declines...
View MoreThe European Central Bank kept its monetary policy unchanged in today's meeting, as the bank kept interest rates at their current zero levels, as was the expectation that they will remain at their current levels until inflation rates rise. The bank announced in its statement issued today that the bank will continue its current PEPP purchase program with a total...
View More