Egypt’s CBE seen holding interest rates following unexpected hikes
Central Bank of Egypt (CBE) is seen leaving key interest rates unchanged this month, a Reuters poll indicated on…
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Inflation
Dollar on defensive after Fed minutes dampen rate hike prospects
U.S. dollar prices were on the defensive on Thursday after the minutes from the Federal Reserve's last policy…
Most Asian indexes gain after Japan GDP beats expectations; China data disappoints
The Nikkei 225 fell nearly one percent despite second-quarter Japan GDP surprising to the upside as investors in…
In July, Egypt’s urban inflation accelerates to 33.0%
Egypt's annualised urban consumer price inflation soared in July to 33.0 percent from 29.8 percent in June, the…
Dollar prices hold gains after U.S. jobs report, inflation data in focus
The dollar held the bulk of its gains on Monday after an upbeat U.S. jobs report lifted it off 15-month lows, with…
Bank of England holds rates steady, sees two hikes in the next three years
The Bank of England (BOE) held on Thursday interest rates steady at 0.25 percent, as expected, while largely…
Asia’s third largest economy prep for rate cut to battle low inflation
The Reserve Bank of India was widely expected to cut on Wednesday its main policy rate to the lowest in the more…
European markets to open higher; earnings and inflation data in focus
European bourses are expected to open higher on Monday morning as investors look ahead to key economic data and…
Dollar prices lick wounds at 13-month low after Fed inflation view
The dollar licked its wounds at 13-month lows against a basket of major currencies on Thursday after the U.S.…
Dollar steady above 13-month low ahead of Fed, takes Senate vote in stride
The dollar bobbed above a 13-month low against a basket of major currencies on Wednesday, as investors awaited the…