to announce Swiss central bankfor a record loss of 132 billion Swiss francs (last year, breaking the previous record, when its loss in 2016 reached 23 billion, due to the decline in financial markets, which reduced the value of shares and bonds in wallet. The central bank clarified information today, Monday, in its preliminary results … Read more
2:42 pm Tuesday 27 December 2022 I wrote – Manal Al-Masry: After hours and days of speculation, the National Bank of Egypt and Egypt offered an interest certificate of 20% out of question during the current period, according to the assurances of the top management of the two banks yesterday, Monday, despite the Central Bank … Read more
Storage area – Tatang Jauhari alias Si Bangor expressed his disappointment that he was not elected to head a community empowerment organization (LPM) for Bedahan village, Sawangan district, Depok City, West Java. Tatang Si Bangor then asked the RW administrator to return the envelope he had given him. Si Bangor’s disappointment was expressed on social … Read more
Many Fed officials have voiced support for the need to control the pace of interest rate hikes, as indicated by the minutes of the central bank’s Nov. 1-2 meeting. Only a few of these officials stressed the need to raise the key interest rate further. Since the last Fed meeting, investors have seen a slew … Read more
Gold prices fell 1% as dollar and US Treasury yields increased. Gold fell in spot transactions by 0.8%. Gold prices fell 1% on Thursday as the dollar rebounded as recent comments from US Federal Reserve officials pointed to continued tightening of monetary policy to tame inflation. By 18:50 GMT, spot gold was down 0.8% to … Read more
US stock market indices rose 2-3% on Monday and Europe followed suit on Tuesday. By four o’clock, the German Dax had gained 2.7%, while the rise in the French Cac and the British FTSE was 3.4 and 2.1% respectively. Long bonds and precious metals also received a solid boost. The development reflects the hope that … Read more
– – On Wednesday, September 21, the US Federal Reserve System (FRS) raised the key rate range by 75 basis points in one go, to 3-3.25%. The cryptocurrency market reacted with a decline. “The central bank aims to achieve maximum employment and inflation at 2% over the long term,” the Fed said in a statement. … Read more
Istanbul Client frenzy in instances of hyperinflation. – (Image: Bloomberg / Getty Photographs) – – – – Istanbul, Ankara Simit is a Turkish countrywide dish. You can get the sesame ring on each individual road corner, with no nearly anything, with butter, with cheese or collectively with the national tea drink. For years the kringels … Read more
New York Another surge in inflation in the US is stoking investor concerns about higher interest rates and a collapsing economy. The US dollar received a tailwind from this on Wednesday, while the euro slipped below par with the US currency for the first time since 2002. The European stock markets went down noticeably. The … Read more
Guido Salerno Aletta Columnist of the Teleborsa Agency – – – The euro, an act of stupid pride That ofeuro it is a history, both ancient and recent, studded with errors. And the BCECentral bank without history and without culture, at the helm of a currency without a state, he is collecting catastrophic ones, one … Read more