Fed Chair Jerome Powell’s comments reinforced the view that policy will remain restrictive until inflation shows clearer signs of cooling. This stance supports higher Treasury yields...
Weekly US Government Bonds 10-Year YieldThe Federal Reserve’s cautious approach to rate cuts weighed heavily on silver. Fed Chair Jerome Powell signaled that only two rate...
December 06, 2024 (MLN): Engro Corporation Limited (PSX: ENGRO) has committed to guaranteeing the repayment of $375 million in Deodar’s debt and providing an additional $187.7m to Pakistan...
Shares in Asia jumped Monday, building on U.S. gains after Friday’s blockbuster jobs report fueled investor optimism. Oil prices paused their sharp rise as investors awaited...
Saudi Arabia boosted imports of the dirtiest type of oil to the highest in more than three years to help meet power demand during the scorching...
The number of supertankers headed for China dropped to the lowest in almost two years, adding to recent concerns about demand in the largest oil importer...
In 2024, more voters than ever before are heading to the polls as elections take place in at least 64 countries, plus the European Union. These...
Gold price trades in negative territory on Tuesday amid the renewed USD demand. A downbeat US jobs data for April prompted speculation of potential rate cuts...
USD: Jun ’24 is Up at 104.950. Energies: Jun ’24 Crude is Up at 78.90. Financials: The June ’24 30 Year T-Bond is Up 9 ticks and...
Observers backed Adesina’s view, noting that while these loans offer developing countries the funding they need, they can be expensive and subject to commodity price fluctuations,...
Here is what you need to know on Friday, May 3: The US Dollar (USD) stays under modest bearish pressure early Friday, with the USD Index...