Fitch upgrades Egypt’s banks rating
Fitch upgraded the credit ratings of four major Egyptian banks—National Bank of Egypt (NBE), Banque Misr (BM),…
Iraq’s fuel oil exports set to hit record highs in ’24
Iraq’s fuel oil exports are set to hit record highs in 2024, driven by increased shipments in October and rising…
Sterling gains as UK inflation exceeds expectations
The pound sterling rose on Wednesday after UK inflation for October surpassed forecasts, reinforcing expectations…
German producer prices decline in Oct. ’24
Germany's producer prices for industrial products dropped 1.1 per cent in October 2024 compared to the same month…
Japan to issue 40-year JGBs on Nov. 27th
The Japanese government will auction 40-year JGBs on November 27, 2024, aiming to raise around 700 billion yen.
Japan’s trade balance improves in Oct. ’24
Japan's exports rebounded in October, rising 3.1 per cent year-over-year, according to data released by the…
UK inflation rises in Oct. ’24
The UK's Consumer Prices Index (CPI) increased by 2.3 per cent in the 12 months to October 2024, up from 1.7 per…
IMF advises BOK to maintain gradual policy normalisation
The Bank of Korea (BOK) should continue to normalise monetary policy gradually due to high uncertainty.
Chinese funds slash ETF fees
Major Chinese fund companies are slashing fees on equity exchange-traded funds (ETFs) in a move that intensifies…
EGP sees early volatility against USD
The Egyptian pound (EGP) experienced fluctuations against the US dollar (USD) during early trading on Wednesday,…
