Gold drops to more than 5-mth low as dollar strengthens
Gold fell 1 percent on Monday to hit its lowest in more than five months, pressured by a stronger U.S. dollar and…
Browsing Tag
interest rates
Egypt’s central bank hikes key interest rates by 300 basis points, floats pound…
Egypt's central bank announced Thursday it had hiked interest rates by 300 basis points in a move to rebalance…
Dollar surges as US data backs December rate hike view
The dollar registered on Friday its best weekly performance in more than seven months after strong U.S. retail…
Egypt’s central bank unexpectedly keeps key rates ‘unchanged’
Egypt’s central bank (CBE) has decided to keep interest rates unchanged from July at a meeting of its monetary…
European bourses rise as Fed stands pat; EDF down 3%; Maersk rallies
European stocks were higher in morning trade on Thursday as global investors reacted to the decision by the U.S.…
Japanese stocks lift Asia, yen drops as BOJ overhauls policy
Japanese stocks rallied and lifted Asian equities Wednesday, while the yen weakened after the Bank of Japan (BOJ)…
Bank of Japan unveils long-term rate target in major policy overhaul
Japan's central bank kept rates steady at its meeting on Wednesday, but issued a plethora of fresh changes to its…
BREAKING: Bank of England holds interest rates at 0.25%
The Bank of England (BOE) opted to hold base interest rates at record lows Thursday and to maintain the size of its…
Europe stocks rise as markets digest US jobs data amid Fed rate hike debate
European stocks inched slightly higher Monday as markets digested the latest U.S. jobs data which pared…
BOE cuts rates first time in over 7yrs, makes biggest downgrade in 24yrs
The Bank of England (BOE) has cut on Thursday rates for the first time in over seven years, slashed growth…
