Breaking News

Dow Jones surprises the whole world with a catastrophic recession ! - 14-05-2020

News Date: 14/5/2020 05:49:36
 

Due to the repercussions of the virus on the American economy, the Dow Jones index declined today until it reached rock bottom, as it declined by 2.17%, due to the downward trend in the economy, which the world and the American economy in particular knew. In turn, the Nasdaq fell by 1.55%, which is why the future vision is still somewhat blurry !

And continued with news of the major currencies : the pound fell against the US dollar due to the downturn, which affected its impact on economic data, including industrial output, gross domestic product, trade balance, in addition to manufacturing industries, to stabilize the pound at 1,2204, and the value of This drop by 1.02%, and the trend for GBP/USD is expected for the rest of the day a general downward, as the price of the US dollar rose on a number of major currencies, to be traded on Thursday against the euro at 1.08, and the US dollar reached 0.99729 Swiss francs, while he knew The Japanese yen up and stopped at 106,80 , Compared to yesterday, 107.00 against a unit of the US dollar.

Oil prices are back down by 2%, after some recovery and stability were expected ! It’s sitting at $ 26,174 a barrel, and a bearish general tendency is expected today as well as in the short term unless it penetrates beyond the level of $ 26.74 a barrel !

Latest news

Curse continues... Inflation is following us to 2023 Inflation led most of the banks in the world to raise interest rates, in an attempt to reduce it . The International Monetary Fund expects that t
12-2022 30 06:28:23

Gold prices fluctuate with the reduction of dollar's losses Gold's prices varied after its positive start at the expense of the dollar’s decline, which tended to reduce its losses, while oil c
12-2022 29 03:29:32

Vladimir Putin takes revenge by Russian oil embargo President Vladimir Putin has banned Russian oil in response to the price cap. He has signed a decree retaliating against the West's imposition of
12-2022 28 03:04:38

Gold prices rose today, Tuesday, affected by the decline of the dollar, which declined by 0.3%, and gold rose by 0.4% to reach $1804.99 an ounce, and gold futures rose by 0.4% to reach $1811.90. The
12-2022 27 04:19:22

The first Saudi-Japanese ministerial dialogue meeting for energy The Saudi Prince of Energy and the Japanese Minister of Economy and Industry held a meeting in Riyadh - Saudi Arabia, in which they
12-2022 26 02:50:27

More News

Logs

Advertisements