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Euro area inflation edges up to 2.6% in July
Euro area annual inflation rose to 2.6 per cent in July 2024, up from 2.5 per cent in June and remaining…
China’s c. bank adds 251b yuan liquidity via reverse repos
China’s central bank injected on Wednesday 251.67 billion yuan into the banking system through seven-day reverse…
BOJ governor signals further rate hikes
Bank of Japan (BOJ) Governor Kazuo Ueda signalled on Wednesday that further interest rate hikes could be on the…
Japan bond yields surge on BOJ tightens policy
Short-term Japanese government bond yields reached 15-year highs, and Japanese bank shares surged on Wednesday as…
Swiss National Bank faces 2b franc loss in Q2 ’24
The Swiss National Bank (SNB) reported a 2 billion Swiss franc ($2.27 billion) loss for the second quarter,…
Bank of Japan raises benchmark interest rate
The Bank of Japan (BOJ) surprised markets by raising interest rates and introducing a quantitative tightening (QT)…
PM: Egypt eyes 5.5% average economic growth over next 3 years
Egypt’s Prime Minister Moustafa Madbouly announced on Tuesday that the government targets an average economic…
Consubanco, IFC pact to support Mexico silver economy
Consubanco, supported by the International Finance Corporation (IFC), has launched a 2.2 billion pesos ($129…
Russia may launch digital rouble by July ’25 – c.bank governor
Elvira Nabiullina, Governor of the Central Bank of Russian Federation (CBR), said on Tuesday that if the digital…
World central banks gold demand slows by 39% in Q2 ’24
Central banks’ gold demand dropped significantly in the second quarter of 2024, decreasing by 39 per cent to 183…