The European Central Bank’s Governing Council will meet this week to decide on the level of PEPP purchases; analysts expect a reduction after two-quarters of higher purchases. the amount will remain undetermined, but monthly purchases may be reduced to 60 billion euros from the current 80 billion euros. Statements made …

The dollar found support on Tuesday, September 7th, as investors awaited the European Central Bank meeting and US data to learn about policy expectations, while the Australian dollar rose briefly after the Reserve Bank of Australia stuck to its plans to reduce bond purchases. The US currency curbed the euro …

China’s exports grew faster than expected in August thanks to strong global demand, relieving some pressure on the world’s second-largest economy as it tries to overcome many problems on several fronts. The Asian giant made a strong recovery from the repercussions of the Coronavirus, but the economic momentum has weakened …

Gold prices fell on Monday as the dollar rose, but renewed bets that the US Federal Reserve may slowly reduce its stimulus program to support the economy kept the precious metal near its highest level in two and a half months. And gold for immediate selling ended the trading session …

The Nikkei average rose in early trading on the Tokyo Stock Exchange on Tuesday. The Nikkei rose 0.76 percent to 2,9883.92 points, while the broader Topix index rose 0.75 percent to 2056.45 points.

Speaking to Dubai TV on Monday, Mohamed Hashad, Director of Research and Development at Noor Capital, discussed the current situation across global markets, with anticipation for a number of developments over the course of the week. the US Non-Farm Payrolls Report The US job data had a massive impact on …

All 34 economists that took part in a recently conducted Reuters poll said that they expect the Bank of Canada to leave its policy rate unchanged at the September 8 meeting. Further details of the survey revealed that the median view was for the BoC to raise its policy rate …

The dollar rose in early European trade on Monday, but remained near a one-month low, as Friday’s disappointing jobs report dampened expectations of an early tapering. At 9:04 am GMT, the DXY dollar index, which measures the greenback against a basket of six other currencies, rose 0.15% to 92.25 points, …

Monday’s survey revealed that investor sentiment in the eurozone fell further in September, driven by another sharp drop in expectations on concerns that new COVID-19 restrictions may slow business activities. The Sentix index for the eurozone fell to 19.6 points from 22.2 points in August. This is the lowest reading …

Gold prices rose on Monday, hovering around a two-and-a-half-month peak after disappointing US jobs data raised hopes that the Federal Reserve may wait a little longer to scale back its stimulus measures. Gold spot transactions 0.1 percent to $ 1827.82 an ounce. In the previous session, prices rose to their …