Egypt’s CBE, EU unveil ESCB Programme extension to 2027 to boost Africa’s financial…
The Central Bank of Egypt (CBE) and the European Union (EU) announced the extension of the EU-funded programme of…
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European Central Bank (ECB)
Egypt’s central bank governor calls for deeper Mediterranean cooperation, cites $31b trade…
Egypt’s central bank Governor Hassan Abdalla on Thursday urged stronger financial and economic cooperation across…
ECB’s Nagel: No alternative to dollar yet, euro to gain in time
European Central Bank policymaker Joachim Nagel on Wednesday emphasised the continued importance of the US dollar…
Fitch sees ‘deeper’ rate cuts in Europe, emerging markets as growth slows
Central banks in Europe and emerging markets are poised to deliver “deeper rate cuts” in 2025 than previously…
Fitch: No Fed rate cuts until Q4
Despite rising recession risks and weakening economic growth, the US Federal Reserve is not expected to cut…
ECB’s De Guindos: Trump’s tariffs increase uncertainty
European Central Bank (ECB) Vice President Luis de Guindos said on Monday that US President Donald Trump’s tariff…
ECB’s Knot backs market forecast for rate cuts
European Central Bank (ECB) policymaker Klaas Knot expressed support for market expectations of interest rate cuts…
ECB should maintain rhythm in rate cuts – Simkus
European Central Bank (ECB) Governing Council member Gediminas Simkus emphasised the need for a steady pace of rate…
ECB’s Wunsch: Weaker euro could mitigate US tariffs impact
European Central Bank (ECB) policymaker Pierre Wunsch said a weaker euro, potentially falling to parity with the US…
Citigroup warns against overconfidence in aggressive ECB rate cuts for 2025
Citigroup Inc. has cautioned traders against expecting swift and aggressive rate cuts from the European Central…
ECB’s Lagarde calls for EU-US dialogue to avoid trade war fallout
European Central Bank (ECB) President Christine Lagarde urged for dialogue rather than retaliation in response to…
Trump tariffs won’t derail easing plans – ECB’s Villeroy
European Central Bank Governing Council member François Villeroy de Galhau stated Thursday that potential trade…
ECB to continue rate cuts, neutral rate expected in H1-25 – Rehn
Olli Rehn, Governor of the Bank of Finland, indicated that the European Central Bank (ECB) would continue its…
India’s c. bank likely to cut rate amidst economic slowdown
India's central bank is expected to cut its key policy rate 25 basis points to 6.25 per cent in December to boost…
Yen weakens as Japan election results raise uncertainty
Japanese yen dropped to a three-month low on Monday after Japan's ruling coalition lost its parliamentary majority…
URGENT: ECB cuts interest rates as inflation eases below target
The European Central Bank lowered interest rates again on Thursday and signalled “the disinflationary process is…
Asian markets rise amid strong US earnings
Asian stock markets mostly traded higher on Tuesday, buoyed by a strong close on Wall Street and optimism about…
Japanese stocks rally as yen weakens on Thursday
Japanese stocks surged, and the yen plummeted on Thursday as investors reduced bets on further monetary policy…
ECB needs to accelerate rate cuts – Germany’s Habeck
Germany’s Economy Minister Robert Habeck expressed concerns on Wednesday over the pace of interest rate cuts by the…
Dollar weakened as Fed rate cut expectations raise
The US dollar weakened against major currencies on Monday, while the Japanese yen reached its highest level in over…
Asian markets down amid US economic concerns
Asian markets declined on Monday as concerns over a potential US economic downturn hit Wall Street, though US stock…
Asian markets steady as investors brace for key economic data
Asian markets started the week quietly as investors prepared for a data-heavy week.
No urgency for rate cuts -ECB policymakers
European Central Bank (ECB) policymakers showed no urgency in cutting interest rates during their July meeting but…
Australia’s c. bank under pressure to ease rates
Australia's central bank is under pressure to ease its monetary policy soon as government relief measures lower…
Eurozone bond yields little changed after cooled US inflation data
Eurozone bond yields were little unchanged on Wednesday following the release of US inflation data. While the…
US slowdown amid political, geopolitical uncertainty
US rate hikes in 2023 are showing effects on the labour market and demand, while political and geopolitical risks…
Euro area GDP grows 0.3% in Q2
The euro area economy exceeded expectations in the second quarter, with GDP growing 0.3 per cent compared to the…
Raiffeisen Bank to accelerate Russian business exit
Raiffeisen Bank International AG is expediting its exit from the Russian market in response to a European Central…
Economists optimistic about global growth – poll
Economists are increasingly optimistic about global growth prospects for this year and the next, according to a…
ECB’s Kazimir hints at two more rate cuts this year
European Central Bank (ECB) policymaker Peter Kazimir indicated on Monday that the bank may consider two additional…
ECB holds rates steady, vows continued fight against inflation
The European Central Bank (ECB) kept interest rates unchanged as expected on Thursday, giving no hints about its…
Yen hits 6-week high on intervention speculation
The Japanese yen surged to a six-week high on Thursday, fuelled by speculation of intervention by Japanese…
Asian stocks fall on trade tensions
Asian stock markets fell on Thursday due to concerns about a potential trade war between the US and China.
Investors brace for potential ECB rate cut – Bloomberg
European Central Bank (ECB) officials might soon prepare investors for another interest-rate cut, but this will…
New Zealand’s c. bank keeps rates at 5.5% in June
New Zealand's central bank (RBNZ) left its key interest rate unchanged at 5.5 per cent as expected on Wednesday.
European stocks drop ahead of Powell’s Fed testimony
European shares faced declines on Tuesday ahead of Federal Reserve Chair Jerome Powell's anticipated testimony,…
European stocks rise amid US rate cut speculation
European shares saw gains on Thursday, buoyed by optimism over potential US interest rate cuts following weak…
Asian stocks slide on fading rate cut hopes
Asian stocks dropped on Monday as investors scaled back expectations for Federal Reserve rate cuts this year.
Lagarde’s speech following ECB rate cuts
The European Central Bank (ECB) announced a 25-basis-point reduction in borrowing costs from record highs on…
Gold nears record high as rate cuts loom
Gold prices extended their gains in Asian trade on Thursday, buoyed by expectations of interest rate cuts from the…