Significant Rise in US Treasury Bond Yields Across Various Terms
By Samir Al Khoury, US Treasury bond yields of various terms rose significantly, with the two-year bond yield reaching 5.002% yesterday, its highest level since May 1, 2024. Similarly, the ten-year bond yield recorded 4.638% yesterday, its highest level since May 3, 2024. The two-year bond yield is highly sensitive to federal monetary policy. Several […]
Crude Oil Prices Continue Upward Trend Amid Geopolitical Tensions and OPEC+ Actions
By Samir Al Khoury, Â Crude oil prices continue their upward trend for the fourth day in a row, today recording levels exceeding $84. However, these levels still represent a decline of about 8% year to date. Geopolitical tensions in the Middle East and the Red Sea, in addition to the extension of the voluntary reduction […]
Wheat Prices Surge to Highest Levels Since July 2023
By Samir Al Khoury, Wheat prices recorded 727.5 US dollars today, their highest levels since July 28, 2023. This marks a significant rise of about 15% since the beginning of this year, when prices were at 630.3 dollars. The challenge now lies in reaching $782.8, the highest level recorded on July 25, 2023. Several positive […]
The most important events of the past week
By Samir Al Khoury, United States of America • The Manufacturing Purchasing Managers’ Index rose, recording a growth of 50.9 points, which exceeded expectations and the previous reading (50.0). • The Services Purchasing Managers’ Index rose, recording a growth of 54.8 points, which exceeded expectations (51.2) and the previous reading (51.3). • The new home […]
Economic Weakness in Japan: Will Authorities Intervene to Support the Yen?
By Samir Al Khoury, Japan’s year-on-year headline CPI came in at 2.5% today, lower than the previous reading of 2.7%. The core consumer price index, which excludes food, on an annual basis in Japan recorded 2.2%, which is in line with expectations but lower than the previous reading of 2.6%. Recent Japanese economic data indicate […]
Positive UK Economic Indicators Drive GBP/USD Upward
By Samir Al Khoury, The GBP/USD price continues its upward trend for the fifth day in a row, recording 1.2761 yesterday, its highest level since March 21, 2024. It is currently trading near the 1.2730 level. The headline CPI on an annual basis in Britain recorded 2.3% yesterday, higher than expectations (2.1%) but lower than […]
Nasdaq 100 Hits Record High: Analysis of Key Drivers and Market Trends
By Samir Al Khoury, The Nasdaq 100 index reached 18,721 points yesterday, marking its highest level ever. This index has risen by 12% since the beginning of this year until yesterday’s close, and it has surged by about 33% from the low of 14,058 points recorded on October 26, 2023, to the peak of 18,721 […]
Microsoft has announced a new lineup of PCs featuring advanced chips
By Camilo Botia, Microsoft has announced a new lineup of PCs featuring advanced chips designed to seamlessly integrate artificial intelligence (AI) capabilities into the Windows software experience, all while prioritizing battery efficiency. The company revealed a Surface Laptop and a Surface Pro tablet equipped with Qualcomm chips capable of handling select AI tasks offline. This move marks […]
The most important events of the past week
By Samir Al Khoury, United States of America The headline consumer price index recorded on an annual basis 3.4%, which is in line with expectations but lower than the previous reading (3.5%). The core consumer price index (which excludes food and energy) recorded 3.6% on an annual basis, which is in line with expectations but […]
Dow Jones Hits Historic 40,000 Milestone, Defying Market Doubts
By Camilo Botia, The Dow Jones Industrial Average has achieved a remarkable feat, soaring to the historic 40,000 mark. This is not just a number, but a significant milestone that underscores the strength of the stock market. This achievement is a testament to the confidence investors have in the resilience of corporate America, driven by the potential for […]
