Featured BofA profits decline in Q1 ’24 Aya Anwar Apr 16, 2024 0 Bank of America (BofA) witnessed a decline in its profits on Tuesday, attributed to reduced earnings from customer…
Featured Fed rate cut expectations diminish Aya Anwar Apr 8, 2024 0 Traders' confidence in three quarter-point interest-rate cuts by the Federal Reserve this year is fading, with…
Bitcoin Bitcoin falls as Fed rate-cut hopes and ETF demand dim Aya El Sayed Apr 2, 2024 0 Bitcoin experienced a drop of up to 5.3 per cent, trading at $66,920 as of 7:15 a.m. Tuesday in London, Bloomberg…
Commodities Gold prices surge over US rate-cut expectations Nada Ali Mar 28, 2024 0 Gold prices surged on Thursday, heading for their largest monthly increase since November 2022 due to a strong…
unclassified URGENT: No rush to cut policy rate – Fed board member M.S.Salama Mar 28, 2024 0 According to an official statement on the Fed's website, Christopher J. Waller, a member of the Federal Reserve…
The Watch Oil stable in early Tuesday trade Aya Anwar Mar 26, 2024 0 Oil stabilised following its largest increase in a week, as OPEC+ plans to reaffirm production cuts amidst the…
The Watch Gold surges to record high in early Thursday trade Aya Anwar Mar 21, 2024 0 Gold surged to a record high on Thursday as the Federal Reserve kept its projection of three rate cuts for the…
Money Japanese yen drops near 4-m low Nada Ali Mar 20, 2024 0 The yen hovered near a four-month low against the US dollar to reach 151.56 level with intervention concerns…
Banks China’s c. bank reshuffles MPC Nada Ali Mar 20, 2024 0 China's central bank announced a reshuffle of its monetary policy committee (MPC), adding securities regulator head…
Stocks Asian shares mixed before Fed’s rate cuts Nada Ali Mar 20, 2024 0 Asian shares were mixed on Wednesday as investors awaited the Federal Reserve's decision on rate cuts, as reported…