NEW YORK, Nov 7 (Reuters) – Minneapolis Federal Reserve President Neel Kashkari said the U.S. central bank still has work to do to control inflation, suggesting he favors a further rise in interest rates. At the end of its monetary policy meeting last week, the Fed once again kept interest rates unchanged and analysts believe … Read more
Hossam Abdelnaby (Abu Dhabi) Local stock market indices reduced the pace of their declines in recent days, starting this week’s trading with good increases at the beginning of trading before closing with acceptable declines of 0.33% for the Abu Dhabi Securities Market index, and a decline of 0.57% for the Dubai Financial Market index. The … Read more
Hossam Abdelnaby (Abu Dhabi) Foreign investors continued their purchases in the local stock markets, bringing their net transactions in yesterday’s trading session to 41.32 million dirhams as a result of purchases, including net purchases in the Dubai Financial Market of about 39.35 million dirhams and 1.97 million dirhams net purchases in the Abu Dhabi Securities … Read more
TOKYO (Reuters) – The Bank of Japan is expected to maintain the status quo on monetary policy at its monetary policy meeting on June 27-28. Multiple sources said. Although upward pressure on prices is increasing at present, the 2% inflation target is still far from being achieved in a sustainable and stable manner amid high … Read more
Dubai, United Arab Emirates (CNN) – Activists circulated on social media, a video clip of the economic analyst at Freedom Asset Management, Simon Ventam Fletcher, and what he said about the economy of the Kingdom of Saudi Arabia. The analyst’s remarks in the circulating video came during an interview he gave on CNBC, where he … Read more
On March 3, the Bank of Japan is expected to decide to maintain the status quo of monetary policy at its monetary policy meeting on March 9-10. Pictured is Kuroda, Governor of the Bank of Japan. Photo taken in December 2019 in Tokyo (2023 REUTERS/Kim Kyung-Hoon) TOKYO (Reuters) – The Bank of Japan is expected … Read more
In Lebanon, talk of smuggling into Syria has returned with the collapse of the Syrian pound against the dollar and the suffering of many Syrian villages and towns from the shortage of petroleum derivatives, the prices of which have soared. However, what is remarkable about the return of smuggling is the clear announcement of a … Read more
The Egyptian Stock Exchange made market gains of £22.2 billion, closing the market capitalization of shares of listed companies at £973.5 billion, up from £951.3 billion, a growth rate of about 2.34%. The leading market index, EGX30, rose by 2.04%, to 15,141.55 points, and the small and medium-sized business index, EGX70, rose by 4.97%, to … Read more
November Consumer Price Index (CPI) data from the US Department of Labor has fueled speculation in money markets that the US Federal Reserve (Fed) will further slow interest rate hikes as early as next year. Photo taken March 2019 (Reuters 2022/Leah Millis)¥ [１３日 ロイター] – The US Department of Labor’s November Consumer Price Index (CPI) … Read more
Youssef Al Bustanji (Abu Dhabi) The value of cash flowing to the UAE stock markets increased during yesterday’s trading session, settling at AED 3.1 billion, spread between AED 2.62 billion in the Abu Dhabi Stock Exchange and AED 480 million in the Dubai Financial Market, according to statistical data released by the two markets.Yesterday the … Read more