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Commenting on key financial assets, in an interview with Dubai TV, Mohamed Hashad, Chief Strategist at Noor Capital and the member of the American Association of Technical Analysts, highlighted that markets are closely watching the upcoming US presidential election.Financial Assets Most Likely Affected by a Potential Trump Victory Regarding the …
Read More »What Could Eurozone Economy Expect from Trump or Harris?
As the US prepares to elect a new president, analysts have outlined what a Trump victory could mean for the global economy. However, Europe could expect from Democratic candidate Kamala Harris, who has stated that her presidency would not be a continuation of Joe Biden’s presidency. In terms of domestic …
Read More »Analytical Reading of Recent US CPI Report: Implications for Economy, Fed
The recent release of the August 2024 Consumer Price Index (CPI) report has provided valuable insights into the current state of inflation in the United States. While the headline inflation rate has continued its downward trajectory, underlying inflationary pressures persist, raising questions about the Federal Reserve’s future monetary policy decisions.Key …
Read More »Eurozone: Business Activity Returns to Growth in March
A survey published today, Wednesday, April 7 showed that business activities in the Eurozone returned to growth last month, supported by a record expansion in the manufacturing sector, and that the services sector is facing new lockdown measures better than expected. Europe is fighting a third wave of the spread …
Read More »Optimism in Eurozone Beats Expectations in March
Data on Tuesday, March 30, showed that Eurozone economic sentiment rose much more than expected in March, surpassing the long-term average for the first time since the coronavirus pandemic hit Europe 12 months ago, while Germany led the improvement. A monthly survey from the European Commission revealed that economic sentiment …
Read More »Investor Confidence Jumping to a Year High in Eurozone
Today’s survey showed that an indicator of investor confidence in the eurozone jumped in March to its highest reading in more than a year, supported by an improved outlook for the current situation. The Sentex Eurozone index rose to 5.0 from -0.2 in February, its highest level since February 2020. …
Read More »Investor Confidence in The Eurozone Decreased
Today’s survey reported that investor sentiment in the eurozone fell unexpectedly in February, as the economy was affected by the lockdown measures aimed at curbing the pace of Covid-19 cases, unlike other regions in the world that achieved further recovery. Sentex Euro-zone index fell below zero, dropping from 1.3 in …
Read More »Hopes For a Vaccine Raise Investor Sentiment
A survey reported that investor sentiment in the Eurozone rose more than expected in December, reaching its highest level since February, supporting expectations for an economic recovery thanks to the near availability of vaccines. Sentex Eurozone index rose to -2.7 from -10.0 in November. A Reuters poll had forecast a …
Read More »Eurozone Investor Sentiment Fell in October
Monday’s survey showed investor sentiment in the Euro area declined in October, halting a five-month streak of improvement, in an indication of concerns about the increasing of coronavirus cases. The Sentex Euro area index fell to -8.3 from -8.0 in September, compared to Reuters’ forecast for a reading of -9.5. …
Read More »Eurozone Sentiment Improved More Than Expected in September
Data revealed that the economic sentiment of the Eurozone improved better than expected in September, mainly due to the increase in optimism in the services sector despite concerns about a second wave of the Covid-19 pandemic. And a monthly survey by the European Commission in the 19-nation Eurozone showed that …
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