Dollar on back foot as tax deal doubts weigh, Aussie looks to jobs data
Dollar prices were on the defensive on Thursday as doubts on the prospects of U.S. tax reforms offset an uptick in…
Browsing Tag
Inflation
Egypt lining up to reduce inflation to 13% at end-2018: CBE chief
Tarek Amer, Governor of the Central Bank of Egypt (CBE), stated on Monday that the country is taking active…
Gold steady as dollar firms ahead of US consumer data
Gold prices held steady early Wednesday, after hitting a more than one-week low in the previous session, as the…
Fed’s Harker eyes inflation, stands by Fed rate hike next month
A Federal Reserve official said Monday he expects to support an interest rate hike next month despite caution over…
Egypt inflation eases, paving way for looser monetary policy
Egypt’s inflation dipped for the third month in a row in October after hitting a record high on energy price…
Egyptian urban consumer inflation falls 30.8% in October
Egypt’s annual urban consumer price inflation eased slightly in October to 30.8 percent from 31.6 percent in…
Egyptian exports to Kenya jump 30% in H1
Egypt racked up $170 million worth of exports to Kenya during the first half of 2017, according to a new…
Asian markets rise as Aussie dollar tumbles on soft inflation
Major indexes in Asia made slight gains on Wednesday as the Australian dollar fell to its lowest levels in three…
European markets set to open lower amid earnings and new data
European stocks are set to open lower on Wednesday morning as investors look out for new earnings reports and…
Egypt unemployment rates to rise 3 times if population growth continues
Egypt’s current population growth rates continue the same until 2030, unemployment rates will rise to three times…