Brief Overview of Key Economic Events from the Past Week
Last week saw several significant economic events. The Federal Open Market Committee (FOMC) in the United States decided to cut interest rates by 25 basis points to a range of 4.50%-4.75%. Meanwhile, factory orders declined, while U.S. oil inventories increased. Data also showed improvements in the ISM Non-Manufacturing Index and consumer confidence. In the Eurozone, […]
Performance of the Dollar Against the Turkish Lira: A Look at Economic Indicators
The price of the dollar against the Turkish lira recorded 34.3559 yesterday, the highest level since August 28, 2024. The next challenge lies in reaching the record level set on August 28, which was 34.3827. The price is currently hovering around 34.3400 lira per dollar. The dollar has risen against the Turkish lira by about […]
Brief Overview of Key Economic Events from the Past Week
Last week saw several key economic indicators across major economies. In the United States, GDP decreased to 2.8%, while the number of non-farm private sector jobs rose to 233,000, indicating strength in the labor market. However, the employment report showed only 12,000 new jobs added, raising concerns. The unemployment rate remained stable at 4.1%, while […]
U.S. Stock Markets Face Sharp Fluctuations Amid Rising VIX
U.S. stock markets are experiencing sharp fluctuations, with the VIX index rising to levels above 23 points yesterday, its highest level since September 6. U.S. stock indices closed lower for the second consecutive day, including the S&P 500 (-1.86%), Nasdaq 100 (-2.44%), Russell 2000 (-1.70%), and Dow (-0.90%). However, these indices remain up since the […]
Reasons for the Decline of the Mexican Peso Against the US Dollar
The price of the US dollar against the Mexican peso continues its upward trend, reaching 20.2253 yesterday, the highest level since September 29, 2022. The USD/MXN pair has risen by approximately 19% since the beginning of the year. Recent economic data from Mexico shows that the Mexican economy is experiencing weakness, as: The annual Consumer […]
Weakness of the Swedish Economy and Its Impact on the USD/SEK Pair
The price of the US dollar against the Swedish krona continues its upward trend, reaching 10.6852 yesterday, the highest level since August 2, 2024. The USD/SEK pair has risen approximately 7% since the low on September 30, 2024, where it recorded 10.0274, up to the peak it reached yesterday at 10.6852. It has also increased […]
El Dow Jones, Nasdaq 100 y S&P 500 abren mixtos tras la confianza del consumidor CB y las ofertas JOLTS de EE.UU.
El Dow Jones opera con pérdidas y retoma la perspectiva bajista, alcanzando mÃnimos de dos dÃas en 42,166.El Promedio Industrial Dow Jones inició las negociaciones en 42,396, mientras que el Ãndice tecnológico Nasdaq 100 comenzó la jornada del martes en 20,376. El S&P 500 abrió en 5,829, llegando a mÃnimos del 25 de octubre en […]
French CAC40 Index: Navigating a Horizontal Range Amid Economic Weakness
The French CAC40 index has been trading in a horizontal range since the beginning of October this year, between 7,420 and 7,655 points, without a clear direction. This index is still down by about 0.50% since the beginning of the year up to yesterday’s closing session, lagging behind both the German DAX index (which has […]
Brief Overview of Key Economic Events from the Past Week
Last week saw several key economic indicators across major economies. In the United States, the manufacturing PMI rose to 47.8 and the services PMI increased to 55.3, both exceeding expectations. However, existing home sales fell to 3.84 million, below forecasts. Unemployment claims dropped to 227,000, and U.S. oil inventories surged by 5.474 million barrels. New […]
Future Outlook: The Negative Momentum of the Euro to US Dollar Pair
The euro to US dollar exchange rate recorded 1.0761 two days ago, marking its lowest level since July 3, 2024. It is currently trading close to the 1.0800 level. It has declined by about 4% from the peak of 1.1214 recorded on September 25, 2024, down to the low of 1.0761 on October 23. Additionally, […]
