NEW YORK (Reuters) - US stocks ended the second trading session of the week after a tumble in trading on Tuesday due to a year-long green holiday following losses in the early trading session as tech stocks led the energy sector to rally on Wall Street before we saw a cut. Apple's forecast for fourth-quarter earnings after the session lengthened this as a result of weak sales in China.



Otherwise, we followed the US economy's final reading of Markit Industrial PMI, which showed a contraction of 53.8 from the previous December reading and 53.9 versus 55.3 in November. With the partial closure of the US government in the second consecutive week.



We would like to point out that US President Donald Trump confirmed earlier today that he will not relinquish the need to agree to finance his country's border wall with Mexico to stem the flow of illegal immigration of the United States, while expressing his willingness to reach an agreement with Democrats in Congress to end the partial closure of the US government provided That the agreement includes the funding of the border wall, adding that it is vital for his administration for security reasons.



The Dow Jones Industrial Average ended the session up 0.08% or 18.78 points at 23,346.24 points. The S & P 500 rose 0.13% or 3.18 points to close at 2,4510.03 points, while the Nasdaq Composite Index By 0.46%, or about 30.66 to close at levels of 6,665.94 points.



In contrast, gold futures for February delivery rose 0.12% to currently trade at $ 1,286.50, its highest since June 15 compared to the opening at $ 1,285.00 an ounce, while the US dollar index rose 0.54% to 96.66 points. Its highest since 26 since last December compared to the opening at 96.14.



On the other hand, Nymex crude futures for February delivery fell 1.16% to trade at $ 46.33 a barrel, the highest since January 19 compared to the opening at $ 45.80 a barrel. Oil prices also rose, March 15, 1.00% to trade at $ 54.79 a barrel, the highest since December 20 compared to the opening price of $ 54.25 per barrel.

NEW YORK (Reuters) - US stocks opened their second trading session this week on green for the third consecutive session on Wall Street following economic developments and data followed Tuesday by the world's largest economy and coinciding with the ongoing trade talks between Washington and Beijing at the level of China's deputy trade ministers The world's largest economy.



The US economy released a statistical reading on employment and employment turnover, which showed a drop to 6.89 million from 7.13 million in October, worse than forecasted at 7.07 million. This came hours after the release of labor market data, Unemployment for the first time in four months to 3.9% compared to the previous reading for November and expectations of the lowest since 1969 at 3.7%.



In the same vein, the average hourly earnings reading last Friday showed growth accelerated to 0.4% from 0.2% in November, above expectations of 0.3%. The Non-Farm Sector Job Change Index showed faster job creation to 312 A added job versus 176,000 jobs added in November, beating expectations of 179,000 added jobs.



Otherwise, we have followed. Chinese Foreign Ministry spokesman Lu Kang told a press conference earlier in Beijing that China-US trade talks are still under way and that a detailed reading will be issued after they are finalized, while no details have been provided if The United States would not have issued a statement on the talks either.



US Trade Secretary Wilbur Ross noted earlier this week that the United States and China are likely to reach a good settlement on the issues of direct trade, while agreeing on the structure and implementation of trade issues is difficult, adding that Beijing's real problem lies in its promises to What has been agreed upon, adding that China is currently aware of the extent of dependence of the economy on the United States of America.



At 3:22 pm GMT, the broader S & P 500 index was up 0.34 percent to 8.78 points to 2,558.47 points. The Dow Jones industrial average <.DJI> was up 0.65 percent after gaining 153.71 points 23,685.06 points.



On the other hand, the Nasdaq Composite Index gained 0.22% after rising 15.31 points to 6,838.78 points.

NEW YORK (Reuters) - US stocks ended the first trading session of the week on red in red as technology shares led losses on Wall Street on Monday amid a lack of economic data earlier this week by the US economy and with the launch of the business season disclosure season for major banks and companies Which is the nerve center of the world's largest economy.



Citigroup's results showed a drop in non-forecast earnings, boosting investors' concerns about the slow pace of global economic growth, especially after China's trade balance data showed the world's second-largest economy, pointing to a drop in imports and exports last month, To the US federal government for the fourth consecutive week.





US President Donald Trump said earlier today that China wanted to continue trade negotiations, adding that his administration was confident of a trade agreement in favor of the United States with China, adding that his administration rejected the proposal of Senator Graham to end the government closure temporarily, Has never worked for Russia and that these allegations are only tricky.



Treasury Secretary Stephen Minochen said last Friday that the Chinese vice premier was expected to complete US-China trade talks in Washington by the end of this month, noting that the upcoming talks in his country would take into account the extension of the special timetable With tariffs.



China's trade ministry said Beijing and Washington agreed to continue last week's trade talks between the world's biggest economies and that trade talks in Beijing were detailed and accurate on some outstanding issues. G20 later this week.



The Dow Jones Industrial Average ended the day down 0.36%, or 86.11 points, to 23,909.84. The Standard & Poor's 500 Index shed 0.53%, or 13.65 points, to close at 2,582.61 points. The NASDAQ Composite Index was down 0.94%. Or 65.56 points to close at 6,905.92 points.



Elsewhere, gold futures for February delivery rose 0.19% to currently trade at $ 1,291.90 compared to the opening at $ 1,289.50 an ounce, with the US dollar index dropping 0.08% to 95.59 compared to the opening at 95.67.



On the other hand, Nymex crude futures for February delivery fell 1.88% to trade at $ 50.62 per barrel compared to the opening at $ 51.59 a barrel. Brent crude for March delivery fell 2.25% At $ 59.12 per barrel compared to the opening price of $ 60.48 a barrel.

THE notion that foreign-exchange (forex) trading requires a large capital and involves plenty of risks is a misconception. While it is true a budding trader without full understanding of the complexities of forex trading may need a huge fund to jump-start their venture, that is not the case for people who know what they are doing and have the know-how in managing their risk safely.

JustForex, a foreign-exchange broker providing services in 197 countries for many years, said forex trading does not require intensive trading on the open market to learn the intricacies of the trade. What is important is a comprehensive training and mentoring, which could be done using available tools online, they said.

JustForex said there are online tutorials, as well as workshops, seminars and training programs designed by experts to teach aspiring traders, experienced traders and novice traders procedures on the right path to success.







It added the rise in Internet use has also opened more doors for forex trading; anybody with access to the Net can become a currency trader.

The company suggested, however, to always monitor forex news to better understand forex signals from the market. Traders must keep the habit of keeping watch on emerging market trends as it would eventually give them the absorb market technical analysis by experts, which could eventually give them the ability to develop their unique forex trading strategy.

The growing forex online trading segment is also pushing the growth in space as Filipinos with idle cash are investing in forex to earn extra money. These part-time traders do so without quitting their current work and spend all the time on trading as they gain confidence and the skill set to conduct comprehensive technical analysis on forex price movement.

The brokerage firm is offering several tips to start part-time trading on currencies.

JustForex said a startup trader must identify the hours they want to spend in currency trading. It is crucial to set a stable schedule when one wants to concentrate fully on trading activity. Even if one is doing it on a part-time basis, one must still focus well on it, at least while one is  trading.

One of the most critical aspects of trading in foreign exchange is choosing the right currency pair. Currency traders generate profit speculating on a currency price movement, so it is essential to choose the highly volatile currency pairs, at one’s scheduled trading activity time.

This means a Manila resident who decides to be a part-time forex trader between 7 and 10 p.m. after regular office hours is strongly advised to concentrate on EUR/USD and GBP/USD because information and news reports about the euro and pound sterling are released around this time.

Expert forex brokers always tell aspiring traders to get the most of their trading activity and operate with your funds efficiently to achieve optimal results. It is still important to pay attention to trading forums, financial news, fundamental analysis, as well as technical assessments by specialists.

Doing so will give one sufficient knowledge to identify emerging trends in the market. Train on a practice account first to get the hang of trading, JustForex advises. For one, practicing on a JustForex demo account is possible.

Analyze the results and keep learning. Do not get frustrated by unsuccessful deals in the initial trading activity, but learn from one’s trade and analyze.

iRaiser, Europe’s leading fundraising software company for charities and non-profits, has expanded to the UK.

iRaiser’s white label solution is fully customisable and includes online donation, peer-to-peer, event fundraising, crowdfunding, advocacy, marketing automation and CRM. It uses a number of algorithms developed by four PhD experts to improve the conversion rate and average donations made.

The company, which works with 450 organisations including WWF, the Red Cross, Doctors Without Borders, the Louvre and Unicef, has already partnered with the UK’s The Salvation Army and Shelter. It supports both organisations in developing and delivering engagement campaigns for its fundraising initiatives.










Working with The Salvation Army, iRaiser has increased online donations by 20% for its Christmas fundraising campaign and has also supported Shelter in a variety of fundraising campaigns.

iRaiser does not take a percentage of donations or anything from Gift Aid. This, together with how iRaiser automates a substantial portion of an organisations fundraising activity, enables more resources to be dedicate to front line charitable initiatives.

Antoine Martel, CEO of iRaiser Group, said: “Expanding to the UK is a very important step in iRaiser’s journey. Although the UK is the most charitable country in Europe in terms of funds raised, there are not many one-stop solutions for fundraising organisations. Those that are available tend to take a percentage on donations.”

Alex Wood, head of individual giving at The Salvation Army, said: “The Salvation Army started working with iRaiser just as we launched our big Christmas fundraising campaign. By the end of the campaign our online donation income had increased by 20% year on year.

“Amongst other factors, we believe the rise in online donations was thanks to the improved layout of the donation form. We designed this form in collaboration with iRaiser, using the wealth of knowledge they have amassed through extensive testing of online donation forms.

“It is also thanks to the mobile friendly form. The experience of using the online donation form on a mobile is vastly superior to our previous donation platform and our online income has increased as a result. With more and more people using mobiles to complete online transactions, it’s vital that we offer a donation experience which matches people’s expectations of giving online, and iRaiser’s solution helps us to achieve that.”

iRaiser charges a fixed fee per month instead of a percentage which means that a charity is not penalised for the success of its campaigns. Other solutions take, on average a 10% fee from donations.

iRaiser’s solution also incorporates payments systems which cover 12 languages (including Mandarin, Cantonese and Japanese) and 50 currencies, enabling organisations to launch global campaigns. It was founded in France in 2012 and has offices in the Netherlands, Italy, Denmark, France, Belgium and the UK.

Support and resistance explained
One of the most foundational aspects of technical analysis is support and resistance levels. These levels are key as they offer traders obvious places to limit and define their risk. There also represent places that price should not go if a trader has correctly analyzed their trade.

Take your trading to the next level

These places are defined by support and resistance levels. Once a trader has decided which currency pair is suitable for trading the next decision is where and how to make your entry. This article will consider three key areas of Support and Resistance that traders use as part of their technical analysis in order to make that decision.

Horizontal Support and Resistance

Arguably the most widely followed aspect of technical analysis is horizontal support and resistance levels. Horizontal support and resistance levels are key market levels where price has shown reaction in the past.

As price moves towards those levels, at which price has reacted previously, they become significant as points in the market dividing buyers and sellers. Think of these levels as 'zones' rather than 'lines'. You might find it helpful to think of these zones like a fat man's stomach.

You can push in quite a bit into a fat man's stomach before you reach the point you can't push anymore. In a similar way horizontal support and resistance levels provide a general zone or area where price will react.

Some traders go wrong when they consider these levels as only being in play at a specific level. They are not to be viewed as exact levels. Sometimes price will appear to stop short 10 pips before the level. Other times price will overshot the level by 20 pips before finally respecting it.

They are not strict levels, but rather key zones. The general rule of thumb in using these levels is to buy from support (with stops the other side of the level) and sell from resistance (with stops the other side of the level). These levels are also good places in order to take profits as price will often reverse at key horizontal support or resistance levels, if only to retrace before continuing the move, so taking partial profit or moving positions to break even makes sense.

Moving averages

Another basic and common place to find support and resistance is with moving averages. Now moving averages are slightly different to horizontal and support levels as they can, at times, be respected quite accurately.

Although there will be occasions where the moving averages try to break through their levels, often the closing price will demonstrate whether the buyers or sellers have won that battle or not. Two of the most popular moving averages are the 100 and 200MA. By using these two moving averages traders can find excellent places to limit and define risk.

Looking at the AUD/JPY currency pair below you can see the 100 and 200 MA acting as resistance levels on the daily chart as the AUD/JPY pair was in a down trend. Risk off sentiment and US China trade war rumblings led to a AUD/JPY short bias. The Moving averages provided places for traders to define and limit their risk to take advantage of short trades.

Pivot points

Pivot points are very similar to support and resistance levels since they are horizontal levels in the market which are viewed by lots and lots of traders. In a similar way that Fibonacci levels are respected in the market because many traders are looking at them, pivot points are widely followed levels too.

Part of their widespread appeal is that they are calculated in an objective way, so there is no uncertainty about where they should or shouldn't be. A pivot point is formulated as an average of important prices (high, low, close) from the previous trading period. 

You don't have to calculate the pivot point levels themselves since most charting software will do it for you. You can also install indicators that automatically chart the levels on the chart. The way to use them is to find a currency pair that you think should fundamentally move in price. So, for the sake of this illustration, let's suppose you have decided that you want to try and swing trade the GBP/AUD pair long.

You would then look to buy from either the pivot point or a support level labelled S1, S2, or S3. Have a look at the chart below to see the pivot points labelled on the GBPAUD currency pair.

The key concept to understand regarding support and resistance levels is that they are primarily used by traders to define and limit their risk. It is not advisable to just use technical analysis on its own since the market is driven mainly by sentiment and fundamental analysis.

However, when there is a combination of fundamental reasons for entering a trade and a technical place to define and limit risk then this can make for some successful trades. So, this article has shown you three key basic areas where you can find support and resistance levels: at moving averages, horizontal support and resistance levels and pi

The simple answer is money / currencies. Forex trading is the simultaneous purchase of a currency and the sale of another currency. Currencies are traded through a broker or trader, and are traded in pairs, for example EUR, USD, or GBP and JPY.




Because you do not buy anything physical, this kind of trade can be confusing. Consider buying a currency as a share purchase in a particular country. When you buy, to say the Japanese yen, you actually buy a share in the Japanese economy, as the currency price is a direct reflection of what the market thinks about the current and future health situation of the Japanese economy. Thus, in general, the exchange rate of the currency against other currencies is a reflection of the state of the economy in this country, compared to the economies of other countries.



Currency prices are determined by a number of factors, the most important being the economic and political conditions in the exporting country. Political stability, inflation and interest rates are all factors affecting the price of any currency. In addition, governments can try to control the price of their currency either by causing a surplus in the market (to reduce prices) or to buy on a large scale (to raise prices). However, because of the huge volume of foreign exchange, it is impossible to force one to control the market for any period of time. Market forces will prevail over the long term, making Forex one of the most open and fair investment opportunities available.



Unlike other financial markets such as the New York Stock Exchange, there is no place nor a central bank for the Forex market. The currency market is an inter-bank market, due to the fact that the entire market is operated electronically, within a network of banks, continuously over a period of 24 hours.



Forex Education
Forex News provides you with a section of Forex learning through which you can learn how to trade in the foreign exchange market (Forex) and see the various terms and strategies in the currency trade. The Forex Education section is for everyone and provides all the lessons and information needed by the trader, especially if he is a beginner in this field.

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The US dollar fell on the European market on Friday against a basket of global currencies to resume its losses, which were temporarily suspended yesterday in the breath taking, again approaching the lowest level in three months, this comes under pressure weak prospects of raising interest rates this year, and for Re-evaluation of those prospects Investors will be looking at key US inflation data later in the day in December.



The dollar index fell by 0.3% to 94.77 points, where the opening level of trading today at 95.03 points, the highest level at 95.08 points.



The index finished yesterday's trading up by 0.4%, reversing from a three-month low of 94.62 points recorded earlier in the session.



The index fell more than 1% this week, posting its fourth consecutive weekly loss, the longest losing streak since December 2017, as US interest rates fell this year.



With the weak economic data in the United States, a sign that the world's largest economy is slowing down in the fourth quarter of last year, and after the latest meeting of the Federal Reserve showed that many US monetary policymakers support a stable interest rate this year.



Federal Reserve Chairman Jerome Powell said on Thursday that the US central bank has the ability to be patient about monetary policy despite the steady pace of inflation in the country.



In order to reassess those possibilities, investors are expected to see key US inflation data later in the day. The weakness of these data will further narrow those possibilities and widen the losses of the US dollar against most currencies.



The consumer price index will be released by 13:30 GMT, forecasting a 2.2% year-on-year rise in December in the same reading, and a 0.1% monthly reading expected from a 0.0% increase.

The US dollar fell on the European market on Friday against a basket of global currencies to resume its losses, which were temporarily suspended yesterday in the breath taking, again approaching the lowest level in three months, this comes under pressure weak prospects of raising interest rates this year, and for Re-evaluation of those prospects Investors will be looking at key US inflation data later in the day in December.



The dollar index fell by 0.3% to 94.77 points, where the opening level of trading today at 95.03 points, the highest level at 95.08 points.



The index finished yesterday's trading up by 0.4%, reversing from a three-month low of 94.62 points recorded earlier in the session.



The index fell more than 1% this week, posting its fourth consecutive weekly loss, the longest losing streak since December 2017, as US interest rates fell this year.



With the weak economic data in the United States, a sign that the world's largest economy is slowing down in the fourth quarter of last year, and after the latest meeting of the Federal Reserve showed that many US monetary policymakers support a stable interest rate this year.



Federal Reserve Chairman Jerome Powell said on Thursday that the US central bank has the ability to be patient about monetary policy despite the steady pace of inflation in the country.



In order to reassess those possibilities, investors are expected to see key US inflation data later in the day. The weakness of these data will further narrow those possibilities and widen the losses of the US dollar against most currencies.



The consumer price index will be released by 13:30 GMT, forecasting a 2.2% year-on-year rise in December in the same reading, and a 0.1% monthly reading expected from a 0.0% increase.




The price of silver is trading positively to start the breach of 15.70, which supports the continuation of our bullish outlook for the rest of the day, which is next target at 16.00, with a reminder that the continuation of the bullish trend depends on stability above 15.55.



The trading range for today is among the key support at 15.55 and resistance at 16.00



The general trend for today is bullish

LONDON (Reuters) - Gold prices rose in Europe on Friday, resuming gains that were temporarily halted yesterday for the fourth consecutive weekly gain, supported by the US dollar against a basket of world currencies affected by the weakness of the possibility of raising US interest rates this year. Investors later in the day released key inflation data in the United States.



Gold prices rose by 0.5% as of 0835 GMT to trade at $ 1,293.05 per ounce from the opening level of $ 1,286.53 and recorded the highest level of $ 1,295.14 and a low of $ 1,286.50.



Gold prices lost 0.5% on Thursday, after the recovery of the US currency levels, and the previous day rose by 0.6%.



Over the course of the week, gold prices so far rose by 0.6%, making their fourth consecutive weekly gain, among the longest weekly gain since late September, supported by weak US dollar and strong demand for safe haven assets.



The dollar index fell by 0.2% on Friday, resuming its losses, which were temporarily suspended yesterday as part of a 3-month low at 94.62 points, reversing the greenback against a basket of currencies.



The recent drop in US currency comes under pressure from the Federal Reserve's rate hike this year, especially as data show that US economic growth slowed in the fourth quarter and cautioned some US policymakers.





Federal Reserve Chairman Jerome Powell said on Thursday that the US central bank has the ability to be patient about monetary policy despite the steady pace of inflation in the country.



In order to reassess those possibilities, investors are expected to see major US inflation data later in the day. The weakness of these data will further narrow those possibilities and push the US dollar against most currencies.



Gold holdings in the SPDR Gold Trust Fund The world's largest gold-backed indices fell yesterday by 1.47 metric tons to 797.71 metric tons, down from the highest level since July 25, 2018 at 799.18 metric tons.

The index of the Qatar Exchange ended yesterday's session for the fifth session in a row; supporting the growth of 6 sectors led by real estate, and the stock market gains of 14.3 billion riyals, where the capitalization of shares from 487.2 billion riyals at the close of Tuesday's meeting to 501.5 billion riyals at the end of trading yesterday .

 The general index rose 0.50% to 9188.16 points, gaining 45.88 points from Monday's levels. Trading rose by 278.78 million riyals compared to 273.06 million riyals on Monday. Trading volume increased to 12.10 million shares from 8.35 million Shares in the previous session.

Real Estate was the top gainer with a 1.97% increase, supported by the growth of the four sectors. Mazaya gained 4.2%. The industrial sector gained 0.53%, while 8 of the 9 stocks in the sector rose, led by 4.40%, and banks rose 0.48% , While the share of the shares rose by 3.60%, with the rise of the national leadership 0.52%. On the other hand, the transportation decreased by only 0.81%. 3.5 million shares, while National Bank issues liquidity of SR 53.8 million.

Height continues
Investor Mohamed Saadi said that the index continued to rise for the fourth session in a row. It is expected that the gains will continue during the coming sessions as the market approaches the financial disclosure of companies. He said that the index could reach 9500 points if it exceeds 9200 points , Which represents a psychological barrier and then the level of 9300 can continue to rise safely.

 Pointing to the optimism among investors as a result of the many positive incentives available on the Qatar Exchange in particular as the best attractive markets in the region and the ability to achieve growth and provide generous incentives for investors. He said that investors are looking forward to the results of companies for the first half amid optimism that companies achieve excellent profits compared to With previous results.

Al-Saadi referred to the external factors and the effects that could be placed on the region's markets, such as the commercial warfare between America, China, America and Europe, and the American chief's threats to withdraw from the World Trade Organization. "If these negative reactions accelerate, this will have a significant impact on US equities, which in turn affects the region's markets," he said, but pointed to Qatar's strength and ability to absorb challenges.




Qatari individuals
The number of shares traded on Qatari individuals reached 6.6 million shares valued at 92.3 million riyals. The number of companies traded on them reached 41 companies, while the number of shares traded in Qatari individuals stood at 7.2 million shares valued at 123.3 million riyals. 41 companies.

Foreign individuals
The volume of shares traded on foreign individuals reached 1.7 million shares valued at 23.3 million riyals, and the number of companies traded on them was 37 companies, while the volume of shares in retail sales amounted to 2.1 million shares valued at 29.6 million riyals, a company.

A father died
On the other hand, the green sector was the top gainer with 4.40%. The industrial sector, which witnessed 1.4 million shares traded at a value of 44.8 million rials, rose by 15.53 points, or 0.53%, to close at 2.96 thousand points.

The EGX30 index closed 0.71% lower at 13121.1 points. The EGX30 index was down 0.56% at 2155.2.

The EGX70 index was down 0.17% to close at 676.48 points. The EGX20 index shed 0.85% to close at 13138.71 points. The broader EGX100 index was down 0.32% at 1695.1.

The market recorded trading value of EGP 816.93 million, with 193.21 million shares changing hands, with 22.62 thousand buying and selling transactions. The shares of 170 listed companies were traded, 53 shares advanced and 83 declined, while 34 others , To settle the market capitalization of shares at the level of 746.25 billion pounds, losing about 3 billion pounds during the session.

On the other hand, the net transactions of Egyptians are net buyers, recording EGP 1.07 billion, buying 69.71% of total buy and sell trades. Meanwhile, net buyers and sellers are net sellers, recording EGP497.4 million and EGP 568.9 million respectively, , 16.22% of the trading.



NEW YORK (Reuters) - Oil fell about 2 percent on Friday as investors worried about a global economic slowdown, rebounding from nine consecutive sessions of gains raised by hopes for US-China trade talks, but stuck to some of those gains to end the week higher.

Global Brent crude futures fell to a close of $ 1.2, or 1.95 percent, to settle at $ 60.48 a barrel.

US benchmark WTI futures fell $ 1.00, or 1.9 percent, to settle at $ 51.59 a barrel.

But both benchmark crudes recorded a second week of gains as Brent climbed nearly 6 percent, while US crude jumped 7.6 percent.

On Thursday, Brent recorded the ninth straight session of gains in the longest rally since September 2007. US crude also rose for a ninth day in a row, breaking a record in 2010.


Individuals executed 32.28% of all transactions, headed for selling all, led by Egyptian individuals who preferred to sell at EGP 244 million. Institutions attracted 67.72% of the turnover, with the exception of Egyptian institutions which recorded a net purchase of EGP 1.31 billion. And foreign net sale of 313.81 million pounds, and 545.13 million pounds, respectively.

LONDON (Reuters) - Oil prices fell nearly 2 percent in trading on Friday, but are heading towards ending the week on gains after a rally in financial markets backed by hopes that the United States and China could soon find a solution to their trade dispute.

Earlier in the session, a drop in crude supply following OPEC-led output cuts helped push prices up to 1 percent for each of the benchmark crude, but concerns about the global economy are holding back crude markets.

Brent crude <LCOc1> fell $ 1.13 to $ 60.55 a barrel by 1440 GMT, while US WTI crude fell $ 1.30 to $ 51.31 a barrel.

The crude cut losses to 1.5 percent later.

Analysts attributed the decline in oil prices today to profit-taking after the gains recorded earlier this week.




The EGX70 index was down 0.17% to close at 676.48 points. The EGX20 index shed 0.85% to close at 13138.71 points. The broader EGX100 index was down 0.32% at 1695.1.

The market recorded trading value of EGP 816.93 million, with 193.21 million shares changing hands, with 22.62 thousand buying and selling transactions. The shares of 170 listed companies were traded, 53 shares advanced and 83 declined, while 34 others , To settle the market capitalization of shares at the level of 746.25 billion pounds, losing about 3 billion pounds during the session.

On the other hand, the net transactions of Egyptians are net buyers, recording EGP 1.07 billion, buying 69.71% of total buy and sell trades. Meanwhile, net buyers and sellers are net sellers, recording EGP497.4 million and EGP 568.9 million respectively, , 16.22% of the trading.


(Prepared by Wagdy Al-Alfi for the Arabic publication)

WASHINGTON (Reuters) - Consumer prices in the United States fell for the first time in nine months in December as gasoline fell, but core inflationary pressures remained strong as rents and health care surged.

The US Labor Department said Friday its consumer price index fell 0.1 percent last month, the first drop and the weakest since March. The CPI did not change in November. In the 12 months to December, the consumer price index rose 1.9 percent after rising 2.2 percent in November.

The December inflation reading is in line with economists' expectations. The Federal Reserve, which targets inflation at 2 percent, follows a different measure, the personal consumption price index, to make monetary policy decisions.

The core consumer price index rose 1.9 percent year-on-year in November after rising 1.8 percent in October. The index stood at 2 percent in March for the first time since April 2012.

A sharp drop in oil prices, amid a surplus in supplies and slowing global economic growth, keeps inflation under control. The decline in oil prices also affects basic inflation through low airfares.

(Edited by Moataz Mohammed for the Arabic version - edit Wajdi al-Alfi)




The NZDUSD is trading positively above the 0.6795 level, supporting expectations of a bullish move, awaiting the visit of 0.6910, which is our next major stop, noting that stability above 0.6795 is required to continue the expected bullish direction.



The trading range for today is expected among the support at 0.6740 and the resistance at 0.6900



The general trend for today is bullish

The World Bank said its chairman, Jim Young Kim, who was at odds with Trump's climate change policies, would resign as of Feb. 1, more than three years after his term ends.

Kim, 59, a doctor and public health defender, was nominated by former US President Barack Obama for his first and second term. Kim supported green energy project financing and largely dropped support for coal energy investments, but avoided public confrontations with Trump.

According to two exporters familiar with Kim's announcement to the World Bank's Executive Board, he will leave on his own and "was not paid out" by Trump.







In any case, the US president will work hard to influence the choice of Kim's successor because the United States has a large share of the right to vote in the World Bank.

Traditionally, the President of the Bank has always been an American chosen by the US Administration.

Kim plans to immediately join an institution focusing on increasing infrastructure investment in developing countries, the bank said, without giving further details.

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SAUDI ARABIA (Reuters) - Saudi shares rebounded on Sunday after a sell-off in the banking sector when banks announced an agreement with the General Authority for Zakat and Income (Zakat) to settle a dispute over the increase in liabilities.

Sentiment in the Gulf was hurt by Wall Street's sharp fall on Friday as global markets were hit by a US government shutdown.

Saudi Arabia's stock index fell more than 2 percent and by 7:30 GMT was down 1.6 percent. However, it reduced the closure losses to 0.3 per cent. Al Rajhi Bank, which lost up to 5.7 per cent in early trading, recovered to close 1.2 per cent.

"Even if banks have deviated from the appropriate provisions for taxes, zakat, which have not been settled, a large amount of cash comes out of the banks' budgets," said Tariq Qaqish, asset manager at Minacorp Financial Services in Dubai.

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Saudi stocks continue to decline despite support from government funds

Foreigners' sales of Saudi stocks have fallen in recent days

"While M & A deals and higher interest rates will improve net interest margins (Bank profitability), one of the main reasons why bank stocks are performing better than the benchmark index, we see downside risks and a natural shift for investors within the sector," he said.




The Saudi-British bank announced a SAR1.6 billion ($ 426 million) settlement with the Saudi authorities, while Al Rajhi Bank said it had settled for 5.4 billion riyals.

There has been a row between banks and authorities since the beginning of the year at least because of additional claims for zakat for years dating back to 2002.

Saudi Basic Industries Corp (SABIC), the kingdom's largest company, rose 0.2 percent to support the market. Zain KSA was among the gainers, up 2.3 percent.

The Dubai index fell 1.2 per cent on the real estate sector. Damac Properties lost 4.5 percent.

Emaar Properties lost 3.8 per cent, while Union Properties fell 5 per cent.

Global stock markets fell on Friday as investor sentiment was affected by a new rise in US borrowing costs.

The Abu Dhabi index fell 0.8 percent on Sunday on energy stocks, after Brent crude lost 2.3 percent to drop to 53.10 dollars on Thursday. Abu Dhabi National Energy Company (TAQA) lost 9.5%.

Qatar's index fell 1.2 per cent, with leading stocks such as Industries Qatar dropping more than 2 per cent.

Shares of Mazaya Qatar Real Estate Development rose 1.6 percent. The company said on Thursday it plans to study the merger with Al Bandari Properties.

In July, Mazaya Qatar said it had decided not to proceed with the acquisition of the Torino management tower in the West Bay area of ​​Doha. Shares of Mazaya Qatar have fallen 12 per cent since the beginning of the year.

Bank Dhofar rose on Sunday after Commercial Bank of Qatar, a major shareholder in National Bank of Oman, said it would not support the merger of the latter with Bank Dhofar. Dhofar was up 3 per cent, while National Bank of Oman was little changed.

Oman's index remained unchanged. National Bank of Oman (NBO) said on Sunday it would take the interests of all shareholders into account when assessing the feasibility of a merger with Bank Dhofar.

Egypt's stock market fell, with Telecom Egypt falling 3.9 percent and Commercial International Bank down 3.4 percent. The benchmark index fell 1.3 per cent.

Following are the closing levels of the Middle East stock market indices:

Saudi Arabia: The index fell 0.3 percent to 7,731 points.

- Dubai: The index fell 1.2 percent to 2479 points.

Abu Dhabi: The index fell 0.8 percent to 4,817 points.

Egypt: The index lost 1.3 percent to 12,964 points.

Qatar: The index dropped 0.8 percent to 10,333 points.

- Kuwait: The index fell 0.2 percent to 5300 points.

- Bahrain: The index remained unchanged at 1314 points.

- Oman: The index remained unchanged at 4336 points.

(USD = 3.7519 SR)

The Dubai bourse fell to its lowest level in more than five years on Thursday, as property stocks continued to fall, while weak oil prices weighed on the Saudi market.

Oil has fallen about 5 percent after OPEC hinted it might agree to cut output less than expected, amid concern over the economic impact of trade tensions, which has hurt global stocks.


The Dubai index fell 2 percent, its lowest level since September 2013, with Emaar Properties, the emirate's largest real estate developer, down 4.3 percent. Emaar has lost a third of its value this year.

Amir Badran, an analyst at Naim Brokerage, said the oversupply in Dubai's real estate market had become more apparent during the second half of the year and was unlikely to dissipate soon.


Property prices fall in Dubai
Property prices in Dubai fell 7.4 percent year-on-year in the third quarter, accelerating from a 5.8 percent drop in the previous quarter, the central bank said in a report on Tuesday.

Union Properties lost 9.9 percent in heavy trading, while Dubai Investment fell 6.8 percent.

Dubai Ports World, listed on Nasdaq Dubai, fell 2.6 percent after the company said it was close to a deal to buy Univerider Group for 660 million euros ($ 748 million).

Saudi Stock Exchange
Saudi Arabia's main index fell 0.4 percent, under pressure from bank and petrochemical stocks. Saudi Basic Industries Corp (SABIC) lost 0.3 percent, while Al Rajhi Bank fell 0.8 percent.

However, Sahara Petrochemical Co rose 1.6 percent in intensive trading after Saudi International Petrochemical Company (Sipchem) announced its intention to enter into a trade merger with Sahara, the latter becoming a subsidiary of Sipchem and its shares are being delisted. Sipchem fell 1.7 percent.

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Egypt
Egypt's main stock index fell 1.6 percent, with 25 of the 30 stocks on its list down, under pressure from new banking rules.

Commercial International Bank (CIB), Egypt's largest listed bank, fell 4 percent after it filed an update on the proposed tax law on treasury holdings. The bank said the adjustments would not affect the results of 2018, but it forecast a 5 percent fall in profits in 2019, depending on whether the tax treatment would include provisions for loan losses.

Heliopolis Housing fell 4.9 percent after the company signed a 1.2 billion Egyptian pound ($ 67.1 million) loan agreement.

Abu Dhabi's general index rose 1 percent, helped by the rise of Abu Dhabi's first bank, the largest bank in the UAE, 2.5 percent.

Abu Dhabi Commercial Bank gained 1.1 percent, while National Bank of Ras Al Khaimah rose 3.2 percent.



Qatar's index closed flat, with Qatar National Bank gaining 1.4 percent, while Aridi Telecom rose 1.7 percent.

Following are the closing levels of the Middle East stock market indices:
- Saudi Arabia: The index fell 0.4 percent to 7849 points.

- The Dubai index fell 2 percent to 2,580 points.

- Abu Dhabi - The index rose 1 percent to 4,877 points.

- Qatar .. The index stabilized at 10598 points.

- Egypt .. The index fell 1.6 percent to 12,388 points.

KUWAIT: The index rose 0.8 percent to 5,435 points.

- Bahrain .. The index fell 0.2 percent to 1320 points.

- Sultanate of Oman .. The index stabilized at 4549 points.

Saudi Arabia's stock market led declines on most of the Gulf bourses on Sunday after oil prices fell about 8 percent at the end of last week, while concerns about new results to regulate the work of banks from the Egyptian stock exchange.

London's Capital Economics estimated last week that a drop in the price of Brent crude from $ 85 a barrel in early October to less than $ 65 wiped out $ 130 billion in Gulf oil revenues on an annualized basis, equivalent to 9 percent of output Gross Domestic Product.

The financial reforms of the last few years will allow most governments to continue to spend more on economic growth next year, and they are not facing a balance of payments crisis.

Brent price declines
But Brent fell at $ 58.80 a barrel on Sunday and if it stays close to that level, governments may be more cautious about spending and may borrow more, which will squeeze liquidity in banking systems. Entrepreneurs may become less willing to invest in the long term.


Saudi Arabia's index fell 1.3 percent on Sunday as all 12 banks and 13 listed petrochemicals fell, with Saudi Basic Industries Corp (SABIC) losing 1.7 percent. The only gainer in the petrochemical sector was Saudi Fertilizers Company, which rose 0.8 percent.

Anam Holding rose 4.5 percent in its most active trading since September. The stock jumped by a maximum of 10 percent on Thursday after the company signed a non-binding memorandum of understanding to buy real estate and commercial assets with Abdullah Abbar and Sons Refrigerators and Dar Al-Abar.

In addition to the drop in oil prices, weakness in the Saudi market has weakened in recent weeks due to fears that the Kingdom's relations with the West have been damaged by the killing of journalist Jamal Khashoggi.

Other Gulf markets saw lower declines on Sunday, with the Dubai index shed 0.6 percent, with Shuaa falling 3.7 percent.

Abu Dhabi's index fell 0.8 percent with Abu Dhabi Commercial Bank down 2.7 percent, while Qatar's index fell 0.7 percent as petrochemical producer Industries Qatar fell 1 percent.

Banks' shares in Egypt have collapsed
In Egypt, the main index fell 3.8 percent, with the largest bank, Commercial International Bank, falling 7.9 percent. The stock weighs about a third of the weight of the index.

A trader in Cairo said investors were selling the stock because of concern that the banking sector was affected by new regulations under consideration for the sector in Egypt, including raising the mandatory minimum capital of banks.



Faros Holding has issued a report estimating that changes in the way banks calculate Egyptian treasury bills may raise their tax rates in practice. Pharos said the new system would have reduced TIBC's net profit for the year 2017 by 17 percent.

"The parliament has not yet approved the changes and the banks are pushing for their adjustment, but there is a lot of confusion about them, which is of concern to the people," the trader said.

Shares of eight of the 10 banks traded were down, but most of the other declines were by a lower margin; Housing and Construction Bank (HDB) fell 3.6 percent.

The following are the closing levels of indices of Arab stock markets on Sunday:
Saudi Arabia: The index fell 1.3 percent to 7,513 points.

The index fell 0.6 percent to 2,739 points.

ABU DHABI - The index fell 0.8 percent to 4,946 points.

Qatar .. The index fell 0.7 percent to 10,252 points.

KUWAIT: The index rose 0.03 percent to 5268 points.

Egypt .. The index fell 3.8 percent to 13,154 points.

BAHRAIN: The index fell 0.2 percent to 1,321 points.

Oman: The index fell 0.6 percent to 4,425 points.

The Saudi stock market and other Gulf stock markets rose on Thursday, with Wall Street recovering strongly on Wednesday, and Brent crude surged below $ 50 a barrel, boosting investor sentiment. Saudi Arabia's main index rose 0.5 percent, with Al Rajhi Bank up 1.1 percent. Riyad Bank rose 1.3 percent, gaining gains for a fourth consecutive session. The stock was boosted by news of merger talks with National Commercial Bank (NCB), the kingdom's largest lender by assets, which fell 0.3 percent.

Shares in SABB rose 1.4 percent after the bank's board of directors proposed a cash dividend of one riyals per share for the second half of the year, up from 0.96 riyals a share for the first half.


Samba Financial Group rose 1.7 percent after the group proposed a cash dividend of one riyal per share over the same period.

Saudi cable shares rose 3.4 percent, the most in a month, after jumping the daily maximum of 10 percent in the previous session. The company said on Wednesday it had reached a final settlement with creditors on loans worth 313.6 million riyals ($ 83.60 million).

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Qatar's benchmark index rose 0.6 percent, with six of seven listed banks up. Qatar Islamic Bank and Doha Bank rose 1.6 and 1.8 percent respectively. Doha Bank said on Wednesday it had raised a $ 525 million syndicated loan.

United Development Bank (UDC) rose 3 percent in its most active trading since March 2017. The company said on Wednesday it had finalized a sale agreement with an unnamed Qatari strategic investor for a plot of land on the Pearl Qatar project, which it is developing.

Dubai's index closed flat, with some real estate stocks climbing. Emaar Properties rose 2.1 percent, and Emaar Properties rose 0.8 percent.

Egypt's main index, which ended Wednesday's three-day losing streak, rose 1.2 percent. El Sewedy Electric jumped 5.6 percent and was the biggest gainer in the market, while Eastern Tobacco rose 2.6 percent.



Following are the closing levels of the Middle East stock market indices:

- Saudi Arabia: The index rose 0.5 percent to 7,749 points.

- Egypt: The index rose 1.1 percent to 12,984 points.

- Dubai: The index stabilized at 2469 points.

The index rose 0.3 percent to 4,831 points.

- Qatar: The index rose 0.6 percent to 10,288 points.

- Kuwait: The index rose 0.2 percent to 5267 points.

- Bahrain: The index rose 0.3 percent to 1,222 points.

- Oman: The index rose 0.4 percent to 4344 points.

WASHINGTON, Jan. 11 (Xinhua) - The US consumer price index fell 0.1 percent in December, bringing the annual inflation rate to 1.9 percent, the government said on Tuesday.



The United States ended in 2017 with an inflation rate of 2.1%.


On the other hand, the core inflation rate - which excludes the most volatile commodities such as energy and food - has not changed and closed the year at 2.2%.



The fall in prices in December was the first in nine months.



Energy prices fell by 3.5%, driven by a 7.5% drop in gasoline prices, while food prices rose 0.4%. (EFI).



ISTANBUL (Reuters) - Turkey's current account surplus stood at $ 986 million in November, as economic activity continued to slow and import prices surged due to a steep lira depreciation last year, central bank data showed on Friday.



The current account balance was a major concern for investors, where for a long time it was a deficit, making the economy dependent on external inflows with speculation to finance the deficit.




November was the fourth straight month in which the current account balance recorded a surplus, with Turkey's trade deficit, the largest component of its account, severely hit by rising import prices.



A Reuters poll of 18 economists predicted a surplus of $ 965 million.



According to 17 economists, the average estimates for the full year deficit are $ 28 billion, compared to $ 36 billion in a government forecast announced in September and $ 47.4 billion in 2017.

NEW YORK (Reuters) - US stocks opened the second trading session of the week on green in contrast to previous sessions as technology stocks led gains on Wall Street on Tuesday after economic developments and data followed by the US economy, the world's largest economy, In Washington today and Wednesday.



The US housing market, which showed a rise in construction starts and construction permits, showed a rise of 3.2% to 1.256 thousand homes, down 1.6% from 1,217,000 in October. On expectations that showed stability at zero levels at 1,228 thousand homes.



In the same context, the Building Permits Index showed a rise of 5.0% to 1,328K compared to 0.4% at 1,265K in October, in contrast to expectations of a 0.4% drop at 1,260K. The Federal Committee amid expectations that monetary policy makers in the Fed will move forward in tightening monetary policy.





At 4:04 pm GMT, the broader S & P 500 index was up 0.37% to 9.50 points to 2,562.00 points. The Dow Jones Industrial Average <.DJI> was up 0.57% after reaching 137.00 points 23,809.00 points.



On the other hand, the Nasdaq Composite Index gained 0.68% after rising 44.00 points to 6,510.25 points.




The US consumer price index for December was down 0.1% monthly, according to expectations of a 0.1% drop, worse than the previous reading of 0.0%.



The consumer price index, excluding food and fuel for the same month, rose by 0.2%, according to expectations of a 0.2% rise, according to a previous reading of 0.2%. This statement is negative for the US dollar.

US stocks opened last week for a mixed performance as negative technology stocks led the losses in both the Nasdaq Composite Index and the Standard & Poor's 500 Index, while the Dow Jones Industrial Average was positive following developments and economic data The world's largest economy.



The US economy reported the final reading of GDP for the third quarter, which showed the world's largest economy expanded 3.4% from the previous reading and expectations of growth of 3.5%, compared with growth of 4.2% in the second quarter, while the final reading of GDP The price index expanded by 1.8% compared to the previous reading and expectations of growth of 1.7%, compared with 3.0% growth in the second quarter.



This came in tandem with the Durable Goods Index, which accounts for almost half of consumer spending, which accounts for more than two-thirds of US GDP, which rose 0.8% from 4.3% in October, below expectations for a 1.6% rise. The core reading of the index itself showed a 0.3% drop from 0.2% in October, in contrast to expectations of a 0.3% growth rate.



We also followed the release of personal income and expenditure data last month, which showed a slowdown in personal income growth to 0.2% compared to 0.5% in October, worse than expectations of a slowdown of growth to 0.3%, while the reading of personal spending slowed growth to 0.4% versus 0.8% in October, beating expectations that growth slowed to 0.3%.



The reading of Core Personal Consumption Expenditures showed growth stability at 0.1%, unchanged from October, below expectations for an acceleration of growth of 0.2%, while the reading of personal consumption depressing slowed growth to 0.1% vs. 0.2% As opposed to expectations for stability at zero levels, and the annual reading of the same index showed a slowdown in growth to 1.8% in line with expectations versus 2.0%.



This came in conjunction with the second and final reading of the University of Michigan Consumer Confidence Index, which showed a widening to 98.3 compared to the previous reading of the previous month and the previous reading for the month of November at 97.5, exceeding the expectations that indicated a widening at 97.6, with the sub-report of the index Economic conditions expanded to 116.1 versus 112.3 and economic expectations expanded to 87.0 versus 88.1.



In another context, US President Donald Trump expressed his Twitter through his official account on Twitter that he expected the Democratic Party to vote against the construction of a wall on the Mexican-American border and to maintain the security of America's borders, despite their knowledge of the urgent need for that wall. If they refuse to finance the construction of the wall, it will close the government until the government reaches a means to finance the wall.



This came before we see a vote of 217 members of the US House of Representatives on a bill to approve the $ 5 billion to begin construction of the border wall between the United States and Mexico in addition to passing the draft federal funding law for the federal government and the adoption of additional funds to continue the work of federal agencies beyond Friday, Against 185 votes against the bill.





This came hours after the FOMC meeting on December 18-19 and Fed Chairman Jerome Powell's press conference in Washington on Wednesday ended following the committee's decision to raise interest rates by 25 basis points for the fourth time this year to what Between 2.25% and 2.50% and move forward with a reduction of government bond and mortgage bond repurchase transactions by $ 50 billion per month.



Powell said that the downside risks to the economy have increased recently as global growth slowed and financial markets fluctuated. However, these changes did not have a strong impact on the FOMC's expectations. The outlook for the economy continued to grow at a strong pace and inflation was close to target 2% Cash does not depend on predefined routes and changes according to the developments in the economic situation.



At 4:16 pm GMT, the broader S & P 500 index was down 0.10%, shedding 2.52 points to 2,464.90 points. The Dow Jones industrial average <.DJI> was up 0.08% after hitting 18.64 points 22,878.24 points.



On the other hand, the NASDAQ index of technology shares fell by 0.76% after falling by 49.30 points to reach the level of 6,479.10 points.

US stocks ended the week's red session for the third consecutive session to reflect a 17-month low and its worst weekly performance since 2011 in the shadow of Wall Street's extended sell-off amidst technology sector losses and following developments and data Economic growth, followed by the largest economy in the world.



The US economy reported the final reading of GDP for the third quarter, which showed the world's largest economy expanded 3.4% from the previous reading and expectations of growth of 3.5%, compared with growth of 4.2% in the second quarter, while the final reading of GDP The price index expanded by 1.8% compared to the previous reading and expectations of growth of 1.7%, compared with 3.0% growth in the second quarter.



This came in tandem with the Durable Goods Index, which accounts for almost half of consumer spending, which accounts for more than two-thirds of US GDP, which rose 0.8% from 4.3% in October, below expectations for a 1.6% rise. The core reading of the index itself showed a 0.3% drop from 0.2% in October, in contrast to expectations of a 0.3% growth rate.



We also followed the release of personal income and expenditure data last month, which showed a slowdown in personal income growth to 0.2% compared to 0.5% in October, worse than expectations of a slowdown of growth to 0.3%, while the reading of personal spending slowed growth to 0.4% versus 0.8% in October, beating expectations that growth slowed to 0.3%.



The reading of Core Personal Consumption Expenditures showed growth stability at 0.1%, unchanged from October, below expectations for an acceleration of growth of 0.2%, while the reading of personal consumption depressing slowed growth to 0.1% vs. 0.2% As opposed to expectations for stability at zero levels, and the annual reading of the same index showed a slowdown in growth to 1.8% in line with expectations versus 2.0%.



This came in conjunction with the second and final reading of the University of Michigan Consumer Confidence Index, which showed a widening to 98.3 compared to the previous reading of the previous month and the previous reading for the month of November at 97.5, exceeding the expectations that indicated a widening at 97.6, with the sub-report of the index Economic conditions expanded to 116.1 versus 112.3 and economic expectations expanded to 87.0 versus 88.1.



In another context, US President Donald Trump expressed his Twitter through his official account on Twitter that he expected the Democratic Party to vote against the construction of a wall on the Mexican-American border and to maintain the security of America's borders, despite their knowledge of the urgent need for that wall. If they refuse to finance the construction of the wall, it will close the government until the government reaches a means to finance the wall.



This came before we see a vote of 217 members of the US House of Representatives on a bill to approve the $ 5 billion to begin construction of the border wall between the United States and Mexico in addition to passing the draft federal funding law for the federal government and the adoption of additional funds to continue the work of federal agencies beyond Friday, Against 185 votes against the bill.



This came hours after the FOMC meeting on December 18-19 and Fed Chairman Jerome Powell's press conference in Washington on Wednesday ended following the committee's decision to raise interest rates by 25 basis points for the fourth time this year to what Between 2.25% and 2.50% and move forward with a reduction of government bond and mortgage bond repurchase transactions by $ 50 billion per month.



Powell said that the downside risks to the economy have increased recently as global growth slowed and financial markets fluctuated. However, these changes did not have a strong impact on the FOMC's expectations. The outlook for the economy continued to grow at a strong pace and inflation was close to target 2% Cash does not depend on predefined routes and changes according to the developments in the economic situation.





The Dow Jones Industrial Average ended the session down 1.81% or 414.23 points at 22,445.37 points. The Standard & Poor's 500 Index fell by 2.06% or 50.80 points to close at 2,416.62 points, while the Nasdaq Composite Index declined 2.99% Or 195.41% to close at 6,332.99 points.



On the other hand, gold futures for February delivery fell 0.35% to currently trade at $ 1,259.10, reversing their second high since June 25 compared to the opening at $ 1.263.50 an ounce, as the US dollar index rallied 0.59% To 96.95, indicating a rebound to the second session of its lowest since November 20 compared to the opening at 96.39.



On the other hand, Nymex crude futures for February delivery fell 1.79% to trade at $ 45.42 a barrel, the lowest since July 13, 2017 compared to the opening at $ 46.25 a barrel. Brent crude for February delivery of 2.43% to trade at $ 53.49 a barrel, the lowest since September 5, 2017 compared to the opening price of $ 54.82 per barrel.