Economic Report

Market Focus Shifts to Powell’s Speech and Key Economic Data The US Dollar Index (DXY) experienced a sharp increase, rebounding from recent lows. This rebound was fueled by a combination of factors, including expectations for a stronger US economy and potential adjustments to monetary policy.The US dollar staged a significant …

The market is still overestimating Fed easing even while the Fed is defying dovish expectations. S&P Global preliminary September PMIs came in above forecasts, indicating that the economy is still doing well. Fed representatives will make an effort to temper their dovish remarks. Amidst growing concerns of a recession, the …

European shares opened lower on Wednesday as the rally fueled by China’s recent stimulus package lost momentum. A pullback in technology and oil stocks added to the losses, reflecting the cautious mood among investors. The pan-European STOXX 600 index dropped by 0.3% to 518.06 by 0712 GMT, reversing some of …

Bitcoin’s price surged on Wednesday, driven by a wave of global monetary easing that funneled more investments into risk-driven assets. The world’s largest cryptocurrency is now eyeing a major breakout, supported by recent stimulus measures from China and expectations of interest rate cuts from both the Swiss and Swedish central …

China’s People’s Bank of China (PBOC) Governor Pan Gongsheng has announced plans to lower borrowing costs and allow banks to increase lending, following disappointing data that has raised expectations that the world’s second-largest economy will miss its 5% growth target this year. The move comes after a series of disappointing …

In an interview conducted by Kuwait Television, Mohamed Hashad, Head of Research and Development at Noor Capital and a member of the American Association of Technical Analysts, commented and analyzed the performance of key assets in the financial markets. Wall Street’s Collective Gains and Weekend Variation Over the past week, …

In an interview conducted by Dubai TV, Mohamed Hashad, Head of Research and Development at Noor Capital and a member of the American Association of Technical Analysts, commented and analyzed the performance of key assets in the financial markets. Eurozone Economic Outlook At the start of the week, a series …

In an interview conducted by CNBC Television, Mohamed Hashad, Head of Research and Development at Noor Capital and a member of the American Association of Technical Analysts, commented and analyzed the performance of key assets in the financial markets. Euro-Dollar (EUR/USD) The Euro-Dollar pair experienced significant movement. Following the Federal …

The US Dollar, once a stalwart symbol of global economic stability, has found itself in a state of flux following the Federal Reserve’s recent decision to cut interest rates. This strategic move, aimed at stimulating economic growth, has had far-reaching implications for the currency’s value and its role in the …

Monday saw a temporary extension of the euro’s slide versus the US dollar as business activity figures for the euro zone economy disappointed. Prior to this, US statistics had indicated that activity remained stable. With markets already putting in a roughly 77% possibility for a cut of at least 25 …