Weekly Economic Reports

Wall Street closed sharply higher on Friday, as signs of inflation peaking and then data on consumer spending increased investor optimism that the Federal Reserve would be able to tighten monetary policy without pushing the economy into recession. All three major US stock indexes halted their longest streak of weekly …

The US inflation data dominated the markets in the week ending May 13th. The safe-haven assets ended the trading in a bearish direction led by gold as a result of the rise in the US dollar. Wall Street ended trading higher on Friday, ending a week of wild market volatility, …

The Fed hiked rates by 50 basis points. But Chair Jerome Powell’s comments briefly ignited a sharp rally across markets after saying that Fed wasn’t considering raising rates by 75 basis points in the near future. Assets rallied across the board on Wednesday after Powell’s comments; downplaying the likelihood of …

Hot inflation, recession-related concerns and quantitative tightening continued to be the major key words dominating financial markets throughout the week as central bankers ponder coming changes of policy based upon the available data particularly the labour market developments. New U.S. jobless claims fell slightly to 184,000 in mid-April and stayed …

The euro plunged to a two-year low against the dollar on Thursday, as comments by European Central Bank President Christine Lagarde were taken as a sign that the bank will not be in a rush to raise interest rates. The euro fell to $1.0758, its lowest since April 2020. Lagarde …

It has been an eventful week as the US dollar played some competing roles. This has frustrated some traders, seeking to interpret and know how to deal with critical developments such as the FOMC’s first rate hike in years in light of several Fed speakers during the week.First and foremost, …

The dollar rose on Friday after a report showed strong US job growth in March. In addition, the unemployment rate fell to a two-year low, and wages rebounded, boosting speculation that the Federal Reserve would raise interest rates by 50 points at its meeting. Next. The widely watched US Labor …

There have been a lot of moving events during the past week, most notably the monetary policy decisions of the Fed and the Bank of England. Those decisions, which reflected a clear shift in the direction of monetary policy, led to a change in the price movement. The US Federal …

Interviewed by CNBC Arabia, Mohammed Hashad, Director of Research and Development Department at Noor Capital and member of the US Association of Technical Analysts, shed light on the latest developments of the financial markets’ arena:(I) OilMarkets appear to have relative stabilized, this was reflected on the oil market, as crude …

Volatility and inflation have been among the most significant key drivers throughout the trading week amid trepulent geopolitical developments with undeniable economic impact across financial market.Inflation Still Biggest RiskData released on Thursday showed that the US consumer price index (CPI) grew 7.9% year-on-year and 0.8% month-on-month in February. The core …