Oil prices hold near 2-week highs
Oil prices hovered near two-week highs on Monday as expectations of a US Federal Reserve rate cut strengthened the…
Browsing Tag
geopolitical risks
Gold goes up to $4,100 on Tuesday
Gold surged to a record above $4,100 on Tuesday, supported by expectations of US Federal Reserve rate cuts and…
Central bank body BIS flags deep risks in fractured global economy
The Bank for International Settlements (BIS) warned in its latest assessment of the state of the world economy that…
Eurozone growth stagnates in June, services stall
The Eurozone’s private sector showed minimal growth in June, with the HCOB Flash Composite PMI Output Index…
URGENT: Bank of England holds rate steady at 4.25%
The Bank of England’s Monetary Policy Committee (MPC) decided to keep Bank Rate unchanged at 4.25 per cent during…
S. Korea’s c. bank cuts base rate
The Monetary Policy Board of the Bank of Korea (BoK) announced on Thursday a 25-basis-point cut in the Base Rate,…
S. Korea’s c. bank cuts base rate to 2.75%
The Monetary Policy Board of the Bank of Korea (BoK) announced on Tuesday a 25-basis-point reduction in the Base…
Fitch: Türkiye’s economic outlook stable despite inflation concerns
Türkiye's sovereign rating remains at 'BB-' with a stable outlook, according to Fitch Ratings.
S. Korea’s c. bank holds rates steady at 3.00%
The Bank of Korea's (BOK) monetary policy board decided on Thursday to keep the base rate at 3.00 per cent.
Fitch: Eastern European sovereigns face balanced risks in ’25
Eastern European sovereigns are entering 2025 with a neutral credit outlook as improved growth prospects offset…
Inflation stabilisation paves way for rate cuts – ECB’s Kazaks
Martins Kazaks, a member of the European Central Bank's (ECB) Governing Council, is calling for further rate cuts,…
Eurozone banks must consider geopolitical risks – ECB’s Buch
Eurozone banks should account for geopolitical risks in their capital planning and business decisions, according to…
Sweden cuts policy rate by 0.25 points to 3.5%
Sweden’s Riksbank announced on Tuesday a 0.25 percentage point cut in the policy rate, bringing it down to 3.5 per…
Fitch downgrades Israel to ‘A’, negative outlook
Fitch Ratings has downgraded Israel’s Long-Term Foreign-Currency Issuer Default Rating (IDR) from 'A+' to 'A,' with…
Commercial property poses risk to eurozone finance – ECB
A European Central Bank (ECB) report released on Thursday revealed that commercial property has emerged as a weak…
Bank of Korea keeps rate at 3.50%
The Bank of Korea (BOK) kept the interest rate unchanged at 3.50 per cent for the intermeeting period, despite a…
Global economy set to slow for 3rd consecutive year in 24
The global economy is set to slow for the third year in a row from 2.6 per cent in 2023 to 2.4 per cent in 2024,…
China’s exports shrink by 12.4% in June
China's exports plunged by 12.4 percent in June, hit by shrinking global demand and rising concerns over the…
Gold prices rise as expectations of Fed pause keeps lid on dollar
Gold prices rose on Monday as the dollar fell on expectations that the U.S. Federal Reserve will not raise rates…
Egyptian Exchange posts highest weekly decline in 2yrs
The Egyptian Exchange (EGX) was affected by the rising regional geopolitical risks during the week ended 10 May,…
Dollar down from 12-week high vs yen as North Korea fears weigh
Dollar prices held steady against the yen on Monday, having retreated from 12-week highs set last week, due to…
European stocks to open lower, G-7 meeting and French elections in focus
European bourses are expected to open lower on Tuesday morning as increased geopolitical risks in the Middle East…