• Daily Wrap Up – 18 July

    18 Jul 2017 07:36 PM |

    The Reserve Bank of Australia (RBA) showed optimism for the Australian economy to grow in the second quarter of 2017 as the bank's decision to hold interest rates at 1.50% at its historic low earlier this month as consumption growth recovered despite pressure from high levels of debt. The Australian dollar rose strongly against the US dollar, reaching a two-year high of 0.7942.

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  • Daily Wrap Up – 17 July

    17 Jul 2017 07:10 PM |

    Asian stocks rose today to their highest level in two years, supported by the unexpected growth of the Chinese economy. Chinese stocks managed to erase their sharp losses at the start of trading after data showed the growth of the second largest economy in the world slightly stronger than expected at 6.9% This is due to strong industrial production, which recorded the highest rise since April 2016, as well as retail sales and exports.

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  • The week ahead (17 – 21 July ) : Many data attract the attention of markets

    16 Jul 2017 11:19 PM |

    The attention is once again turning to a number of central banks, waiting for what they will decide and whether it will turn towards narrowing the gap between their policies and the policy of the FED, which is on the path of tightening monetary policy and raise interest again before the end of this year. On the other hand, the markets keep their eyes on the Chinese economy and the data that may confirm the stability of the second largest global economies.

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  • Daily Wrap Up – 12 July

    12 Jul 2017 07:22 PM |

    US stocks rose at the beginning of the day after FED Governor Janet Yellen confirmed the gradual rate hike and that raising it again this year would be appropriate. She pointed out that the economy is strong enough to accommodate further gradual rise in interest rates, and reducing the Fed's huge portfolio of bonds.

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  • Daily Wrap Up – 11 July

    11 Jul 2017 07:19 PM |

    The economic calendar did not differ much from yesterday and was not filled with important economic data or events except from a few speeches from members of the FED and the BOE.

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  • Daily Wrap Up – 10 July

    10 Jul 2017 08:02 PM |

    The economic calendar today was free of any major events or economic data, and the markets did not see any noticeable movements during today's trading. In today's economic data, China's inflation figures did not change in June as the CPI rose 1.5% and the PPI rose by 5.5% the same reading of May.

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  • The week ahead ( 10 – 14 Jul ) : Eyes will be on Yellen testifies

    9 Jul 2017 10:24 PM |

    The markets are looking for a few data and economic events this week but they are very important, after a week of US labor market data, and the markets will not look far away, as they will focus on what coming out from Janet Yellen about FED monetary policy. Here are the highlights of the markets:

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  • Weekly Wrap Up ( 3- 7 July )

    7 Jul 2017 06:03 PM |

    The first week of each month is usually full of important economic data, and the markets are particularly eyeing the US labor market data on which the US Federal Reserve relies heavily on determining the course of tightening monetary policy.

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