Egypt has raised banks’ reserve requirements, tightening monetary policy in the sector in what economists said may …
monetary policy
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Asian markets were mostly unchanged on Wednesday as investors awaited monetary policy news coming at the conclusion …
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World
European markets set to open mixed ahead of Federal Reserve meeting
by Yomna Yasserby Yomna YasserEuropean markets were set to open mixed on Wednesday morning, as investors observed heightened geopolitical tensions over …
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Banks
Bank of Canada’s silence leaves markets looking for more clues on rates
by Yomna Yasserby Yomna YasserThe Bank of Canada’s reticence to guide markets on the future path of monetary policy has left …
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The head of Germany’s largest bank said on Wednesday the European Central Bank (ECB) should begin the …
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forex news
Dollar index inches higher; Jackson Hole meeting in focus
by Yomna Yasserby Yomna YasserDollar prices inched higher against a basket of currencies on Tuesday, with traders focusing on the annual …
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forex news
Dollar falls vs euro, sterling as ECB, BoE open door to hawks
by Yomna Yasserby Yomna YasserThe dollar wallowed at one-year lows against the euro and slipped against sterling in Asian trade on …
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Markets in Europe are on track to open higher Thursday morning as politics and monetary policy take …
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Banks
Egypt central bank postpones interest rate decision to May 21 amid IMF debate
by Yomna Yasserby Yomna YasserEgypt’s central bank decided to postpone its next monetary policy meeting on interest rates until Sunday, May …
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International News
Fed’s Yellen aims to let healthy US economy coast along
by Yomna Yasserby Yomna YasserThe Federal Reserve’s plans to raise U.S. interest rates gradually are aimed at sustaining full employment and …