It was decided to issue the Central Bank’s decision today, Wednesday, which will measure the trading of basic commodities such as gold and silver, in addition to trading the dollar against other currencies, as well as the US stock market and the digital currency markets.
We find that the US inflation index slowed to a level of 7.1% at the end of last November, contrary to what is expected to be about 7.3%, and it is lower than the previous reading, which was about 7.7% last October.
In this regard, US President Joe Biden said that inflation in the United States is slowing down, and he is optimistic that prices will return to normal by the end of next year 2023.
Data on Wednesday showed that the consumer price index in the United States rose 7.1% in November on an annual basis, missing expectations of 7.3%.
Crude oil futures contracts fell in January by 0.25%, and according to the New York Mercantile Exchange, crude oil futures contracts were traded in January at $75.20 a barrel at the time of writing.
The Nikkei benchmark rose at the beginning of trading on the Tokyo Stock Exchange, by 0.18%, to reach 28,005.03 points, while the broader Topix index rose by 0.04%, to 1,966.50 points.