Shares in Asia were were mixed in Monday trade after Wall Street closed lower on news that …
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Rates
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Egypt News
Egypt unemployment rates to rise 3 times if population growth continues
by Yomna Yasserby Yomna YasserEgypt’s current population growth rates continue the same until 2030, unemployment rates will rise to three times …
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The Central Bank of Egypt (CBE) said on Tuesday it is increasing the reserve requirement on deposits …
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forex news
Oil prices mixed as US stockpile rise takes shine off OPEC higher demand view
by Yomna Yasserby Yomna YasserOil prices were mixed on Wednesday, dampened by reports of rising U.S. crude stockpiles but retaining some …
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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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forex news
Oil markets dip storm Harvey fallout; Hurricane Irma heads into Caribbean
by Yomna Yasserby Yomna YasserOil prices slipped on Wednesday as crude demand remained subdued on the back of refinery closures following …
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Banks
Egypt’s policy measures improve banking but investments slow: BLOM official
by Yomna Yasserby Yomna YasserEgypt’s policy decisions last November to float the pound and subsequently raise interest rates have improved conditions …
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forex news
Dollar jumps vs yen, outlook seen clouded by N.Korea tensions
by Yomna Yasserby Yomna YasserThe dollar edged higher against the yen on Monday, pulling away from last week’s near 4-month low, …
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forex news
Dollar prices drift lower as investors await US inflation data
by Yomna Yasserby Yomna YasserThe dollar inched down slightly in Asian trading on Tuesday, but maintained most of the gains it …
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forex news
Dollar prices lick wounds at 13-month low after Fed inflation view
by Yomna Yasserby Yomna YasserThe dollar licked its wounds at 13-month lows against a basket of major currencies on Thursday after …