by amr zaki | Sep 8, 2023 | Market Insights posts
On Friday morning, the spot gold price rose for the second day in a row, after a decline that lasted for about a week, and it now records a price of 1925.36 dollars an ounce, while gold futures contracts for December delivery record 1949.05 dollars, and in the monthly... by Shymaa Sheta | Sep 8, 2023 | Market Insights posts
European natural gas futures rose as much as 8% to 35.5 euros today, with natural gas prices in Europe jumping by more than 10%, with the start of partial strikes at two Chevron facilities in Australia. They represent more than 5% of global supplies of liquefied... by Shymaa Sheta | Sep 8, 2023 | Market Insights posts
Earlier today, the euro-to-Japanese-yen exchange rate continued to decrease, following a pattern of random movements that have been prevalent since the end of June. After reaching its highest value in a month at around 159.85 yen, the exchange rate fell slightly due... by Shymaa Sheta | Sep 6, 2023 | Market Insights posts
Today, the Dow Jones Index experienced a decline of more than 100 points, likely due to rising crude oil prices and concerns about global economic growth. This was influenced by the recent release of the purchasing managers’ index data for China, which showed a... by amr zaki | Sep 5, 2023 | Market Insights posts
Federal Reserve Chairman Powell reiterated their reliance on the data and kept all options on the table regarding interest rates and the US Federal Reserve’s monetary policy after the data showed a contraction in inflation, which increases the possibility that the... by Shymaa Sheta | Sep 5, 2023 | Market Insights posts
With the start of trading on Tuesday, Asian stock markets fell as investors remained cautious ahead of the Reserve Bank of Australia’s interest rate decision, as well as inflation readings and business activity in Asian markets. Australian, Japanese, Hong Kong,...