آخر الأخبار والتحليلات
تغطية شاملة لأسواق الفوركس، السلع، العملات الرقمية، والاقتصاد العالمي
Oil: Deep summer deficits even with Hormuz deal – TD Securities
TD Securities' Senior Commodity Strategist Ryan McKay highlights that oil market fundamentals are expected to tighten significantly this summer, even if a comprehensive deal fully reopens the Strait of Hormuz. The analys...
Japanese Yen falls amid strong US manufacturing data
The USD/JPY pair rose to 159.70 on Monday as strong U.S. manufacturing data bolstered the dollar. The data showed unexpected resilience in the manufacturing sector, with the Institute for Supply Management (ISM) manufact...
US ISM Manufacturing Hits Three-Year High as New Orders Surge
The US manufacturing sector showed significant strength in May as the ISM Manufacturing PMI surged to 54.0, surpassing expectations of 52.6 and reaching its highest level since May 2022. This marks a broad-based recovery...
BinDawood Holding finalizes acquiring 51% of Vaza
BinDawood Holding Co. has finalized the acquisition of a 51% stake in Vaza Food Co. for SAR 217.9 million. The transaction, which includes regulatory approvals and notarization of updated bylaws, is expected to enhance B...
Sunset Market Commentary
The European Central Bank (ECB) faces mounting pressure to implement a rate hike in June, with markets now pricing in a 95% probability of such a move. Recent comments from ECB members over the weekend emphasized the ris...
Saudi Printing board proposes 89.42% capital cut to offset accumulated losses
Saudi Printing and Packaging Co. (SPPC) has proposed a drastic 89.42% reduction in its capital from SAR 652.07 million to SAR 68.97 million to offset accumulated losses of SAR 583.10 million. The move involves canceling...
US Dollar: Data-heavy week guides rates and ISM outlook – TD Securities
TD Securities strategists highlight that recent fluctuations in US interest rates have been influenced by shifting geopolitical headlines related to Iran and month-end capital flows. They emphasize that upcoming US econo...
Banan subsidiary secures SAR 84M credit facility from Riyad Bank
Banan Real Estate Co.'s subsidiary, Qimam Nashaz Real Estate Development Co., has secured SAR 84 million in Shariah-compliant credit facilities from Riyad Bank. The financing includes SAR 49 million with a seven-year ter...
Yen Braces for a New Storm
The Japanese yen faces renewed pressure as USDJPY returns to key intervention levels. The U.S. dollar weakened amid geopolitical tensions between the U.S. and Iran, despite record highs in stock indices. The European Cen...
TASI falls 0.6% to 11,010 pts, turnover at SAR 7.6B
The Tadawul All Share Index (TASI) declined by 0.6% to close at 11,010 points on Monday, with a total turnover of SAR 7.6 billion. This marks a continuation of the recent downward trend observed in Saudi equity markets,...
Aluminium prices hit four-year high on Middle East supply risks
Aluminium prices surged to a four-year high amid escalating geopolitical tensions in the Middle East and production cuts in China. The London Metal Exchange (LME) reported prices reaching $2,750 per ton, driven by supply...
US Dollar Index: Stronger USD and Fed independence focus – BNY
BNY's Bob Savage highlights that the US Dollar (USD) has strengthened, with the US Dollar Index (DXY) showing slight gains driven by rising bond yields and a shift toward cautious risk sentiment. The analysis emphasizes...
US Dollar holds steady amid rising tensions in Middle East
The U.S. dollar remains mixed against major currencies amid heightened geopolitical tensions following U.S. and Iranian military strikes. The EUR/USD pair is consolidating near key technical levels after breaking above t...
EUR/USD Daily Outlook
The EUR/USD pair is showing a mildly bullish intraday bias as it consolidates near 1.1575 following a three-wave correction from 1.1848. Technical analysis suggests a potential rise toward 1.1795 resistance if the curren...
Drivers in Russian-controlled Crimea grapple with gasoline shortages
Drivers in Russian-controlled Crimea are experiencing severe gasoline shortages, with long queues forming at fuel stations and rationing measures being implemented. The crisis stems from a combination of Western sanction...
USD/JPY Daily Outlook
The USD/JPY pair remains in a neutral stance as it consolidates after a rebound from the key support level of 155.01. Technical analysts at ActionForex describe this move as the second leg of a corrective pattern from th...
Gold Price Forecast: XAU/USD dives to $4,500 amid simmering tensions in Iran
Gold prices (XAU/USD) declined on Monday, reversing Friday's gains and retreating to the $4,500 level after failing to break through the $4,590 resistance. The move follows a rejection at key technical levels, with trade...
Canada enters a technical recession: Why the Canadian dollar now depends entirely on a weaker US Dollar
Canada's economy has entered a technical recession after two consecutive quarters of contraction, raising concerns about the Canadian dollar's (CAD) resilience. The latest GDP data revealed a 0.3% decline in Q1 2024, fol...
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) climbed to $75.95 per troy ounce on Monday, marking a 0.89% increase from Friday's closing level of $75.28, according to FXStreet data. The rise follows mixed global economic signals and ongoing s...
ECB Survey Shows Inflation Expectations Stable but Growth Concerns Deepen
Eurozone consumers reported stable short-term inflation expectations at 4.0% for the next 12 months, while longer-term expectations for three years ahead eased slightly to 2.9% according to the ECB's April survey. Despit...