2 more rate cuts in ’24 reasonable – ECB’s Rehn
Investor expectations for the European Central Bank (ECB) to loosen monetary policy have been reinforced by…
China’s PBC adds $35.21b liquidity via reverse repos
The People’s Bank of China (PBC) injected $35.21 billion into the banking system through seven-day reverse repos at…
China reports stable 2023 central government finances
China's central government finances remained generally stable in 2023, according to a report delivered to the…
Oil steady on Wednesday
Oil opened steady on Wednesday. Brent traded above $85 a barrel, and West Texas Intermediate (WTI) was near $81.
German consumer sentiment likely to fall in July
German consumer sentiment is poised to decline slightly in July, ending a four-month streak of increases, as…
Indian stocks rally to record highs on energy gains
Indian stock markets surged to record highs on Wednesday, mainly driven by energy and oil & gas stocks,…
BHP predicts minor rise in carbon emissions for ’24
BHP Group, the world's largest listed miner, anticipates a "small increase" in its operational carbon emissions…
S. Korea’s c. bank warns of renewed won weakness
The Bank of Korea (BOK) expressed concerns about the Korean Won (KRW) facing downward pressure in its financial…
EGP edges up against USD in early Wednesday trade
The Egyptian Pound (EGP) showed a slight increase against the US Dollar (USD) as trading began on Wednesday, June…
H. Kong grants China’s Shimao 4-week reprieve to avert liquidation
The Chinese property developer Shimao Group announced that the liquidation possibility has been adjourned to July…
