ECB’s Rehn: Joint defence spending could boost euro’s global role
Europe should pool its defence investments to cut costs, accelerate deployment, and create a safe financial asset…
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monetary policy
Gold gains as investors flee to safe havens
Gold prices climbed more than 1 per cent on Tuesday as a weaker dollar, concerns over US tariffs, and fiscal…
Gold prices inch up on dollar decline
Gold prices rose on Monday as the dollar remained weak, with investors awaiting key US jobs data later this week…
Eurozone lending growth stagnates in May ’25
Lending growth across the eurozone showed little change in May according to Reuters, as fresh data from the…
S&P Global: UK consumer confidence stuck in negative territory
UK consumer confidence remained deeply negative in June, with households facing mounting financial pressure from…
Eurozone growth stagnates in June, services stall
The Eurozone’s private sector showed minimal growth in June, with the HCOB Flash Composite PMI Output Index…
Egypt’s Hassan Abdalla wins Arab Banking Union’s Governor of the Year
Hassan Abdalla, the governor of the Central Bank of Egypt (CBE), was named the "Governor of the Year" by the Arab…
Fed trims US GDP growth outlook
The Federal Reserve lowered its 2025 growth outlook. It indicated only gradual interest rate cuts in the coming…
Rate cut eases pressure on Russian budget – Manturov
Lowering Russia’s key interest rate by one percentage point could save the federal budget around 260 billion rubles…
Japan keeps rate, plans gradual bond cut – BOJ
The Bank of Japan (BOJ) kept its benchmark interest rate steady at around 0.5 per cent on Tuesday, while unveiling…