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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Financial Markets React to U.S. Inflation Data as Dollar Weakens and Commodities..
Financial markets witnessed significant movements during trading today, Friday, as the U.S. Consumer Spending Index (the preferred inflation measure for the Federal Reserve) was released, showing a kind..
Friday 20 December 2024 07:47pm | Source: ArabicTrader -
Trump Media Shares Drop Over 2% Amid Regulatory and Political Uncertainty
Shares of Trump Media (NASDAQ: DJT) witnessed a notable decline of more than 2% during trading on Friday, December 20, on the US stock exchange. This downturn followed the announcement by President-elect..
Friday 20 December 2024 06:55pm | Source: ArabicTrader -
Ethereum Spot ETFs Witness First Outflow in 18 Days
Ethereum spot exchange-traded funds (ETFs) reported a net outflow of $60.47 million, breaking an 18-day streak of continuous inflows. This marks a notable shift in market sentiment for Ethereum, the second-largest..
Friday 20 December 2024 06:42pm | Source: ArabicTrader -
Bitcoin exchange-traded funds (ETFs) are experiencing the largest daily outflows..
Bitcoin exchange-traded funds (ETFs) experienced their largest outflows in a single day during 2024, with investors withdrawing approximately $671.9 million. This intense selling coincided with a sharp..
Friday 20 December 2024 02:34pm | Source: ArabicTrader -
UBS Experts Forecast Smaller U.S. Federal Reserve Rate Cuts in 2025
Experts at UBS Global Wealth Management have revised their expectations for U.S. Federal Reserve interest rate cuts, now forecasting a reduction of only 50 basis points in 2025. This marks a significant..
Friday 20 December 2024 01:54pm | Source: ArabicTrader -
Urgent.. Release of the personal spending and income indicators in the United..
The U.S. Bureau of Economic Analysis has just released the personal income and spending data for the United States for the month of November, which came in extremely negative and below expectations. According..
Friday 20 December 2024 01:39pm | Source: ArabicTrader -
Urgent: Retail sales data in Canada is negative and lower than market expectations.
Data released by Statistics Canada on Friday showed negative performance in retail sales data for Canada in November, with retail sales growing by 0.6% month-on-month, which is below expectations of a..
Friday 20 December 2024 01:34pm | Source: ArabicTrader -
U.S (PCE) Index Shows Modest Growth, Below Expectations
Economic data released today, Friday, revealed a slower-than-expected increase in the Personal Consumption Expenditures (PCE) index for November, which is the Federal Reserve's preferred measure of..
Friday 20 December 2024 01:33pm | Source: ArabicTrader -
Saudi Stock Market Ends Week with Decline Amid Increased Market Capitalization
The general index of the Saudi stock market (TASI) concluded the week with a decline of 1.7%, closing at 11,931 points. Despite this drop, the market saw an increase in the market capitalization of listed..
Friday 20 December 2024 12:34pm | Source: ArabicTrader -
Hong Kong Grants Operating Licenses to Four New Cryptocurrency Exchanges
The Hong Kong Securities and Futures Commission (SFC) announced on Wednesday the granting of operating licenses to four new cryptocurrency exchanges, marking a significant step in the city’s strategy..
Thursday 19 December 2024 08:39pm | Source: ArabicTrader -
Urgent.. American gas inventories decrease less than expected last week.
Data from the U.S. Energy Information Administration, released today Thursday, showed a decrease in U.S. natural gas inventories, which fell by 125 billion cubic meters during the week ending December..
Thursday 19 December 2024 03:33pm | Source: ArabicTrader -
Urgent.. Home sales in the United States are positive and exceed expectations..
Data released today, Thursday, by the National Association of Realtors in the United States, indicates positive results for existing home sales in November, with readings outperforming market expectations. According..
Thursday 19 December 2024 03:01pm | Source: ArabicTrader -
Putin: Ready to engage in dialogue with Trump and enter negotiations with Ukraine.
During his speech at the annual year-end conference on Thursday, Russian President Vladimir Putin affirmed his readiness for dialogue or discussions or to meet with the elected U.S. President Donald Trump..
Thursday 19 December 2024 02:14pm | Source: ArabicTrader -
Breaking news.. The manufacturing index for the state of Philadelphia defies..
The Federal Reserve Bank of Philadelphia released on Thursday the manufacturing index data for the state for the month of December, which came in extremely negative and lower than market expectations. According..
Thursday 19 December 2024 01:39pm | Source: ArabicTrader -
Urgent - The final readings of the US GDP for the second quarter have been released.
The U.S. Bureau of Economic Analysis released on Thursday the final reading of GDP growth indicators for the country during the third quarter of the current year. The final GDP readings for the U.S. economy..
Thursday 19 December 2024 01:34pm | Source: ArabicTrader