Home / Mohamed Abdelhamid (page 30)

Mohamed Abdelhamid

Fed Official Signals Potential Pause as Uncertainty Lingers

The US economy currently presents a complex picture: a robust labor market coupled with the looming shadow of trade tensions. Raphael Bostic, President of the Federal Reserve Bank of Atlanta, recently highlighted this precarious balance, emphasizing the heightened uncertainty surrounding the economic outlook. This uncertainty, largely driven by tariffs, requires …

Read More »

US Manufacturing PMI Surpasses Expectations, Dollar Reacts

The US manufacturing sector demonstrated resilience in January, exceeding market forecasts and bolstering the US dollar. The Institute for Supply Management (ISM) reported a Manufacturing PMI of 50.9, up from 49.3 in December and surpassing the anticipated 49.8. This reading signifies expansion in the manufacturing sector, a welcome development after …

Read More »

Weekly market recap: Was the greenback the biggest gainer last week?

US Dollar ended last week higher buoyed several market drivers, including concerns of Trump’s administration tariffs, Federal Reserve Bank rate decision and its chief Jerome Powell’s statements, and US data of inflation and spending. Such market drivers were impactful om the greenback and all other traded assets in global financial …

Read More »

Global Traders Navigate Disruption with New Supply Chain Strategies

Supply chain disruptions have become increasingly prevalent, forcing businesses worldwide to re-evaluate their strategies. A key response has been the rise of “nearshoring,” where companies source goods and services from closer geographical locations. While this approach offers potential benefits, it also presents limitations. For example, while local coffee chains may …

Read More »