Category Archives: Market analysis

According to the US Department of Commerce in a report published on December 22, US GDP grew by 3.2% in the third quarter of 2022. This change comes from a significant increase in personal consumption from 1.7% to 2.3%. These numbers show that consumer spending remains strong, despite high inflation numbers and higher interest rates. […]

The European Union (EU) has decided to extend economic sanctions against Russia for another 6 months, until July 31. The EU’s economic sanctions package against Russia includes a series of measures such as restrictions on trade, finance, technology and dual-use goods, industry, transport and luxury goods. The newly released World Bank’s global economic outlook report […]

Forecasting the economic situation in 2023 The world economy still faces many risks from 2022, such as the Russia-Ukraine War, which has not yet come to an end, posing major challenges related to geopolitical risks. The trend of the Central Bank raising interest rates to cope with inflation has not ended as inflation is still […]

On February 1, the US Federal Reserve (Fed) announced an increase in reference interest rates by 25 basis points (0.25%), exactly as expected by the market. Reference interest rates in the US are currently around 4.5-4.75%. This is the highest level since October 2007. Next, on February 2, the Bank of England (BoE) decided to […]

On February 7, in the forum of the Economic Club of Washington, Chairman of the US Federal Reserve (Fed) Jerome Powell said, “We did not expect such a strong employment report. This is the reason we think the reduction process is Inflation will take a long time.” The Fed also believes that inflation this year […]

The Russian Ruble depreciated as foreign exchange earnings from energy exports decreased, while imports increased as companies built new supply chains. Currently the exchange rate is about 73.8 rubles per USD. This is the lowest level since April 2022. The world is hoping that China’s economic rebound will support global growth and repel the risk […]

On March 10, Silicon Valley Bank – a bank specializing in lending to startups – was closed by California officials. California bank officials have appointed the US Federal Deposit Insurance Corporation (FDIC) to manage Silicon Valley Bank’s assets. This is considered the largest bank collapse in the US since the financial crisis more than a […]

On March 19, the largest bank in Switzerland – UBS reached an agreement to buy Credit Suisse for 3.25 billion USD. The deal ends Credit Suisse’s 167-year existence as an independent organization. WSJ called the deal the first “super merger” of systemically important global banks after the 2008 financial crisis. Home sales and real estate […]

On March 22, the US Federal Reserve (Fed) announced to raise the reference interest rate by 25 basis points (0.25%), exactly as expected by the market. Reference interest rates in the US are currently around 4.75-5%. This is the highest level since September 2007. On March 23, Toshiba’s Board of Directors approved a buyback proposal […]

1- Market information On March 31, British Prime Minister Rishi Sunak announced that the country had reached an agreement to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Britain calls this the country’s largest trade agreement since Brexit. Joining CPTPP will help them tighten relations with countries in the Asia-Pacific region, and build […]