Harnessing Financial Derivatives in Volatile Markets
By Samir Al Khoury The global financial markets, i.e. the stocks, bonds, commodity, currencies and crypto markets, are witnessing, at this stage, sharp fluctuations due to several factors, including: · Geopolitical tensions in the Middle East and the Red Sea, in addition to the continuation of the Russian-Ukrainian war that broke out two years ago. […]
EGX30 Positive Momentum Fueled by Ras El Hekma Mega Deal
By Samir Al Khoury Egypt has finalized its largest foreign direct investment deal to date with the Emirati company ADQ, committing to invest $35 billion in the development of the city of Ras El Hekma. Morgan Stanley suggests that the Ras El Hekma deal sets the stage for the flotation of the pound […]
Oil prices experienced a boost on Monday
By Camilo Botia Oil prices experienced a boost on Monday, driven by two main factors: strengthening physical markets in the US and signs of recovering demand from China. In the US, a combination of factors is pushing crude prices higher: 1. Strong refinery margins incentivize refineries to actively buy crude, driving domestic prices. […]
Weekly Market Analysis
By Samir Al Khoury The most important events of the past week United States of America · The Fed’s minutes of the January meeting were issued, the most prominent of which were: · Fed members unanimously agreed on the need for additional evidence indicating a decline in inflation to the 2% level before […]
Wall Street Breaks Records on AI-Fueled Frenzy
By Camilo Botia The S&P 500 and Dow Jones Industrial Average soared to record highs on Thursday, fueled by a surge in growth and technology stocks. This rally was ignited by chipmaker Nvidia’s impressive earnings report and optimistic outlook, which calmed concerns about the recent tech rally’s sustainability and convinced investors that there’s still room […]
Saudi TASI Index Surges to New Heights Amidst Favorable Market Conditions
By Samir Al Khoury The Saudi TASI index continued to rise for the fourteenth session in a row, recording 12,660 points yesterday, its highest level since August 18, 2022. It appears that the upward momentum for the index will prevail in the next stage considering the positive sentiment and high trading volumes in […]
Inflation Eases in Canada, Raising Hopes for Rate Cuts in 2024 and Impacting the Canadian Dollar
By Camilo Botia The January consumer price index (CPI) report released by Statistics Canada showed a welcome decline, offering hope for a more manageable economic future. This positive development comes after months of relentless price increases that strained household budgets and prompted the Bank of Canada to embark on an aggressive interest rate […]
South Korean Kospi Index Surges Amid Economic and Regulatory Shifts
By Samir Al Khoury South Korea’s Kospi index recorded 2,683 points two days ago, its highest level since May 31, 2022, but returned and fell yesterday, recording 2,657 points. This index rose by approximately 10% since the bottom it recorded on January 18 of this year (2,429 points) until the close in yesterday’s session (2,657). […]
Weekly Market Analysis
By Samir Al Khoury The most important events of the past week United States of America · The headline consumer price index recorded an annual increase of 3.1%, surpassing expectations of 2.9% but falling below the previous reading of 3.4%. Meanwhile, the core consumer price index saw a 3.9% annual increase, surpassing expectations […]
Mixed Signals for Oil: Prices Rebound on Weak Dollar Despite Demand Concerns
By Camilo Botia Oil prices bounced back on Thursday, buoyed by a weaker dollar after disappointing U.S. retail sales data sparked hopes of Federal Reserve interest rate cuts. However, gains were capped by concerns about slowing global oil demand and rising supply. Brent crude futures closed up 1.5% at $82.87 per barrel, while […]
