China central bank may use other tools than cutting benchmark interest rates
China’s central bank is not yet ready to cut benchmark interest rates to stimulate the slowing economy, despite…
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interest rates
Pharos expects Egypt’s c.bank to lower interest rates in March
Pharos Holding expected that Central Bank of Egypt (CBE) will cut interest rates by one percent within March.
Egypt’s Beltone anticipates CBE to keep interest rates unchanged in Feb.
Beltone Financial, the Egyptian investment bank owned by billionaire Naguib Sawiris, recapped its view that that…
Greenback firm on US jobs data; Aussie dollar weakens
The dollar hovered near a one-week high against the yen on Monday, buoyed by stronger-than-expected U.S. jobs and…
Dow surges over 400 points to above 25,000 after Fed signals patience with rate hikes
U.S. stocks rose on Wednesday after the Federal Reserve kept interest rates unchanged and said it will be patient…
Asian markets gain after Fed pledges to be patient with future rate hikes
Asian markets saw gains during Thursday afternoon trade on the back of a strong finish overnight on Wall Street…
Gold firm near 7-month peak on US rate pause hopes
Gold held steady on Monday, near a seven-month peak scaled in previous session, on hopes the U.S. Federal Reserve…
Dollar tumbles as focus turns to Fed’s policy meeting
The dollar fell on Friday from its three-week highs in the previous session, as traders’ focus shifted to the…
Gold soars to over 7-month high as dollar falls ahead of Fed meeting
Gold jumped over 1 percent to a more than seven-month high on Friday, briefly surpassing the $1,300 mark, as the…
Gold prices near three-week lows as firmer dollar dents safe-haven appeal
Gold prices fell on Tuesday, hovering near three-week lows touched in the previous session, as a firmer dollar made…
