Economic News
Follow the latest and most important economic news around the world, economic and business news, financial markets, stock exchanges and more...
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Ethereum exchange-traded funds are experiencing outflows of more than $77 million.
Ethereum exchange-traded funds (ETFs), totaling nine, recorded significant outflows on January 2, 2025, with $77.51 million withdrawn from these funds. The majority of outflows came from the Bitwise ETHW..
Friday 03 January 2025 06:40pm | Source: ArabicTrader -
Oil prices rise amid optimism about global economic growth prospects for 2025.
Crude oil prices witnessed a noticeable increase today, Friday, driven by optimism in the markets regarding global economic growth this year, which enhances expectations for an increase in crude oil demand..
Friday 03 January 2025 04:20pm | Source: ArabicTrader -
Urgent.. Positive data from the ISM Manufacturing Purchasing Managers' Index..
The Institute for Supply Management (ISM) released today, Friday, the Manufacturing Purchasing Managers' Index (PMI) data for December, which showed positive results that exceeded market expectations...
Friday 03 January 2025 03:06pm | Source: ArabicTrader -
BlackRock's IBIT Fund Records Largest Daily Outflow
On January 2nd, the BlackRock-managed IBIT fund experienced its largest daily outflow to date, marking a significant shift in the market as Bitcoin exchange-traded funds (ETFs), totaling 12 funds, saw..
Friday 03 January 2025 12:27pm | Source: ArabicTrader -
Trump Reinforces Tariff-Based Economic Strategy
As he nears his inauguration, U.S. President-elect Donald Trump reaffirmed his commitment to tariffs as a central component of his economic policy, which he believes will drive prosperity for the United..
Friday 03 January 2025 11:42am | Source: ArabicTrader -
The National Development and Reform Commission of China announces new programs..
In a press release on Friday morning, the National Development and Reform Commission of China - the agency responsible for government planning in the country - stated that it is fully confident in achieving..
Friday 03 January 2025 07:39am | Source: ArabicTrader -
The People's Bank of China sets the exchange rate for the dollar at 7.1878 yuan.
On Friday morning, the People's Bank of China decided to set the exchange rate of the yuan against the US dollar at a level of 7.1878 yuan per dollar. Expectations were pointing to a rate of 7.2868 yuan,..
Friday 03 January 2025 07:23am | Source: ArabicTrader -
The American company Tesla records an annual decline in deliveries for the first..
In its annual report, Tesla Motors announced a decline in its annual deliveries for the first time, as the company recorded deliveries of 1,789,226 vehicles in 2024, representing a slight decrease compared..
Thursday 02 January 2025 08:03pm | Source: ArabicTrader -
Breaking: US oil inventories decline less than expected.
Data released by the U.S. Energy Information Administration on Friday showed negative results for American oil inventories for the week ending December 27, as the figures came in lower than market expectations. Oil..
Thursday 02 January 2025 04:04pm | Source: ArabicTrader -
The US dollar achieves notable gains supported by positive unemployment claims..
The US Dollar Index recorded a notable increase during trading on Thursday, benefiting from better-than-expected US unemployment claims data, which bolstered expectations for the Federal Reserve's continued..
Thursday 02 January 2025 02:19pm | Source: ArabicTrader -
Futures for U.S. stock indices are rising ahead of the first trading session..
Futures contracts for U.S. stock indices recorded a strong increase during trading ahead of the opening of the first sessions of the new year on Thursday, amid market anticipation for the release of unemployment..
Thursday 02 January 2025 11:32am | Source: ArabicTrader -
Predictions for 2025: Bitcoin and Ethereum rise to new record levels.
Steno Research recently predicted that 2025 will be an extraordinary year in the history of the cryptocurrency market, with expectations for Bitcoin and Ethereum to reach new record levels. The company..
Thursday 02 January 2025 10:36am | Source: ArabicTrader -
Lagarde: The European Central Bank will continue its efforts to reduce inflation..
The President of the European Central Bank, Christine Lagarde, expressed her strong optimism about the bank's ability to achieve its goal of reducing inflation to 2% by 2025. She confirmed that the progress..
Thursday 02 January 2025 09:32am | Source: ArabicTrader -
Almarai Company reveals the impact of the rise in diesel prices on its financial..
Saudi Arabian company Almarai announced the impact of the increase in diesel prices starting from January 1, 2025, where the company is expected to bear an additional cost estimated at around 200 million..
Thursday 02 January 2025 08:57am | Source: ArabicTrader -
Switzerland is moving towards adding Bitcoin to its national reserves.
Reports indicate that the Swiss chancellery has begun to implement a proposal to add Bitcoin to the Swiss national reserves (a proposal made by a coalition of ten Swiss cryptocurrency advocates aimed at..
Wednesday 01 January 2025 05:04pm | Source: ArabicTrader
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