Friday, February 2, 2018

  • February 02, 2018
  • ma


Long-term gold prices fluctuated in a narrow and upward range during the American cycle amid a reversal of the US dollar index according to their inverse relationship following developments economic and statements followed by the United States of America on Thursday economy, the world's largest economy, and the meeting held by The Federal Open Market Commission 30-31 January January January, which addressed the possibility of high inflation rates and enhanced the chances of tightening monetary policy. At 3:29 pm GMT, future gold price contracts increased delivery on 15 April April, currently 0.14 percent. In $1,345.00 ounces compared with the opening at $1,343.10 ounces, the middle of the US dollar landing 0.20% to 88.96 levels compared to the opening in 89-13. We have followed the American economy. The initial reading of a single cost indicator had worked in the fourth quarter, which showed a 2.0 per cent rise against a 0.2 per cent decrease in the third quarter, with a higher projection of 0.9%, while productivity for sector quarter decreased by 0.1% against the height of 2.7 per cent in the third quarter, other than projections indicating an increase of 0.7 per cent. This comes after hours of reading the index of change in private sector jobs and the pace of job creation without expectations during January January January/January to about 234,000 add and on the threshold of disclosing government jobs report for this month which may reflect the creation of non-agriculture sectors for about 181,000 Employment and stabilization of unemployment rates at its lowest level since March March 2001 by 4.1 per cent. In the same vein, we also followed up on the weekly subsidy requests, which showed a decrease in the 1,000 applications submitted to 230,000, other than the expectation for the 237,000 requests, before we see the disclosure of industrial procurement managers the indicator showing an expansion of 59.1 versus 59.7 in December/ December/BER Cub, superior to the expectations of 58.7, while the same price index widened to 72.7 vs. 69.0, other than the 68.3 predictions. This comes after hours of the first meetings of the Federal Commission in 2018 and its last meeting under the leadership of the Federal Reserve Governor Janet Lane, who passed her the institute with the beginning of this month to be succeeded by a member of the Federal Commission, Jerome Powell, in the leadership of the Federal Reserve Bank, who kept the makers Washington's monetary policy at interest rates ranges from 1.25% to 1.50%, which was expected by market analysts. According to the Commission's statement, the inflation rate is expected to rise in the next 12 months this year and the target will stabilize at 2 percent in the average, as markets looked at the Commission's meeting in 20-21, to be held in March March, and it was expected that the expectations of the committees would be revealed On growth rates, inflation and unemployment, as well as the future of short-term benchmark interest rates for the next three years.
 


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