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…
Browsing Tag
interest rates
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…
Gold steady on Fed pause hopes, equity recovery
Gold held steady on Tuesday, supported by market expectations of fewer interest rate hikes in the year by the U.S.…
Egypt’s economy to increase 6% in 2019: Beltone Financial
In an interview with Bloomberg’s Manus Cranny on Bloomberg Daybreak: Middle East, Nancy Fahmy, Beltone Financial…
Interest rate likely to fall by 1 to 2% in 2019: Hermes
EFG Hermes, a leading financial group and one of the biggest investment banks in Egypt, expected on Thursday that…
Egypt seen holding key interest rates as inflation retreats: Reuters poll
Egypt’s central bank is expected to keep key interest rates unchanged at its meeting on Thursday after inflation…
European markets close lower in shortened session; French CAC drops 1.5%
European markets closed lower Monday following a session of heavy selling stateside last week.