Banks Fed rates on gradual upward path, timing uncertain: Mester Noha Gad Jul 12, 2016 0 Interest rates in the United States are on a gradual upward path but the timing of hikes will depend on…
Banks BoE to cut rates to avert expected Brexit slowdown aya salah Jul 11, 2016 0 The Bank of England is set to cut interest rates to new historic lows on Thursday in an attempt to ease the pain…
forex news Dollar dips as Fed unlikely to hike this year even with U.S. jobs Noha Gad Jul 9, 2016 0 The dollar slid against the yen and some currencies on Friday in choppy trading on the view that the much…
Banks Banks pay no heed to CBE’s interest rate increase aya salah Jul 3, 2016 0 Even though it has been two weeks since the Central Bank of Egypt (CBE) lifted its main interest rates by 1%,…
Banks Private banks lift interest on deposits, savings accounts in Egypt aya salah Jun 22, 2016 0 Private banks operating in the Egyptian market decided against increasing interest rates on their savings…
Banks HSBC to pay $35 million to resolve yen Libor litigation in U.S. Noha Gad Jun 18, 2016 0 HSBC Holdings Plc (HSBA.L) will pay $35 million to end private U.S. antitrust litigation claiming that it harmed…
World Asian shares return to gains as markets digest China trade data Noha Gad Jun 8, 2016 0 Asian shares edged up on Wednesday, as markets digested Chinese trade data against the backdrop of a brightening…
forex news Australian dollar jumps 1 percent after shift in tone from RBA Noha Gad Jun 7, 2016 0 The Australian dollar gained 1 percent against its U.S. counterpart on Tuesday after the Reserve Bank of Australia…
forex news Dollar recovers some ground after payrolls blow, Yellen in focus Noha Gad Jun 6, 2016 0 The dollar rose on Monday, having hit a more than three-week lows against a basket of major currencies after a poor…
Banks Best not to use U.S. rates for financial stability: Fed’s Mester Noha Gad Jun 4, 2016 0 The Federal Reserve should only resort to using interest rates if other more precise tools fail to head off…