Delayed Inflation and Rebound in Retail Sales Ease Pressure on Fed to Lower Interest Rates

Delayed Inflation and Rebound in Retail Sales Ease Pressure on Fed to Lower Interest Rates

Inflation Likely to Moderate as US Retail Sales Show Resurgence Inflation Likely to Moderate as US Retail Sales Show Resurgence Inflation dip supports Fed’s cautious stance Inflation in the US is predicted to have shown gradual signs of abatement in the past month, signaling a glimmer of stability in the nation’s economy and reducing the … Read more

Today’s Dollar Price in Egyptian Banks: National Bank of Egypt and CIB Rates

Today’s Dollar Price in Egyptian Banks: National Bank of Egypt and CIB Rates

Written by Reham Al-Basha Thursday, March 7, 2024 03:24 PM We publish dollar price Against the Egyptian pound at the end of today’s transactions in banks operating in Egypt, where the National Bank of Egypt recorded a price of 49.35 pounds to buy, 49.45 pounds to sell, and the Commercial International Bank (CIB) recorded a … Read more

KOSPI and KOSDAQ Index Turn Upward with Strong Performance in Korea Stock Market

KOSPI and KOSDAQ Index Turn Upward with Strong Performance in Korea Stock Market

[비즈니스포스트] The KOSPI and KOSDAQ index turned upward in one day. According to the Korea Exchange on the 23rd, the KOSPI index closed trading at 2478.61, up 14.26 points (0.58%) from the previous day. ▲ On the 23rd, the KOSPI index ended trading at the 2470 level. The photo shows the Hana Bank dealing room … Read more

Kasikorn Bank Predicts Baht Movement and Economic Factors for Next Week – Jan. 22-26, 2024

Kasikorn Bank Predicts Baht Movement and Economic Factors for Next Week – Jan. 22-26, 2024

Economic news 10:09 a.m. 2024-01-20 Kasikorn Bank (KBANK) views the movement of the baht next week (22-26 Jan. 2024) at the level of 35.00-35.80 baht per dollar. Meanwhile, the Kasikorn Research Center assesses important factors that need to be monitored, including: Export figures for December of Thailand, signals of foreign capital, results of the BOJ … Read more

Central Bank of Costa Rica Reduces Monetary Policy Rate to 5.75% – Benefits for Loan Holders in Colones

Central Bank of Costa Rica Reduces Monetary Policy Rate to 5.75% – Benefits for Loan Holders in Colones

The reduction in the Monetary Policy Rate will bring benefits to those who have loans in colones. Mayela Lopez. (Mayela López) The board of directors of the Central Bank of Costa Rica (BCCR) agreed this Thursday to reduce its monetary policy rate (TPM) from 6% to 5.75% starting this Friday, January 19. The monetary policy … Read more

Taiwan Stock Exchange Suffers Double Blow as Foreign Investors Oversell Stocks and Remit Money Out of Country

Taiwan Stock Exchange Suffers Double Blow as Foreign Investors Oversell Stocks and Remit Money Out of Country

After Taiwan’s general election, Taipei stock exchanges have suffered a double blow recently. Foreign investors have massively oversold Taiwanese stocks and remitted money out of the country.New Taiwan DollarAfter devaluing 1.77 cents against the US dollar yesterday (16th), it continued to weaken today (17th). It fell by more than 1 cent against the US dollar … Read more

Egyptian Council of Ministers Unveils Final Economic Document for Development Projects

Egyptian Council of Ministers Unveils Final Economic Document for Development Projects

10:43 PM Sunday, January 7, 2024 Books – Hassan Morsi:Counselor Muhammad Al-Homsani, spokesman for the Council of Ministers, said that the final form of the Council of Ministers’ economic document enjoys clear participation from experts in all fields, so that the document is implementable in a number of development projects through financial and monetary policy … Read more

How does it impact Mexico, Cuba, Honduras and other countries in the region?

How does it impact Mexico, Cuba, Honduras and other countries in the region?

As the year comes to a close, the US dollar experiences a negative close, marking its worst performance since 2020. During the last trading session on Friday, December 29, the dollar index (DXY) registered a slight increase of 0.15%, reaching 101,060 units, according to data provided by Investing. This index measures the strength of the … Read more

Taiwan Housing Market Predicted to See New Wave of Growth After Fed Interest Rate Cut Announcement

Taiwan Housing Market Predicted to See New Wave of Growth After Fed Interest Rate Cut Announcement

Reporter Chen Weifan/Reporting from Taipei ▲Zhang Dingxuan said that judging from the international financial situation, housing prices are very likely to usher in a new wave of growth next year. (Picture/Photography by reporter Chen Weifan) After the U.S. Federal Reserve (Fed) announces the possibility of interest rate cuts, what impact will it have on Taiwan’s … Read more

Yen Drops Suddenly: Impact on Taiwan Dollar and Stock Market

Yen Drops Suddenly: Impact on Taiwan Dollar and Stock Market

The yen suddenly dropped! The Taiwan dollar rose and fell, temporarily closing at 32.428 yuan at noon (photo by reporter Chen Meiying) [Reporter Chen Meiying/Taipei Report]Geopolitical risks are heating up, and the Japanese yen suddenly fell during the Bank of Japan meeting. It once fell below 150 to 1 US dollar. The exchange rate of … Read more