Currencies

21 February 10:27 AM Gold hovers below 10M-highs as dollar stabilises after Fed minutes
Investors were also closely awaiting the outcome of trade talks between the US and China
11 February 06:58 PM Euro hits new 2019 low; dollar rallies on risk appetite
The euro fell against the US dollar, hitting the lowest level seen this year, as the greenback strengthened on improving risk-taking appetite.
23 January 10:45 AM Abu Dhabi development fund to deposit $3bn in Pakistan c.bank
ADFD has set up plans to deposit $3 billion into Pakistan’s central bank in a bid to support the South Asian country’s government.
3 January 12:12 PM Oman to raise $6.4bn to finance budget deficit
Oman plans to tap capital markets for the fourth successive year to fill its budget shortfall.
19 December 2018 10:44 PM Federal Reserve expects two interest hikes in 2019
The United States Federal Reserve announced on Wednesday its decision to raise interest rates by 0.25% to a range between 2.25% to 2.5%
19 December 2018 10:04 PM Federal Reserve hikes interest rates 0.25%
The United States Federal Reserve announced on Wednesday its decision to raise interest rates by 0.25% to a range between 2.25% to 2.5%
18 December 2018 06:24 PM Bitcoin edging closer to $3,600
Bitcoin added 4.4% and reached the level of $3,590
14 December 2018 00:48 AM Trump wants Fed to stop interest hikes  
Mubasher: The President of the United States hopes that the Federal Reserve will not be raising interest rates anymore
9 December 2018 04:14 PM Kuwait C.bank asks forex firms to raise capital requirements
5 December 2018 08:34 PM BOC maintains interest at 1.75%
In October the bank hiked interest for the fifth time since the June 2017
5 December 2018 05:12 PM European Union seeks to challenge USD, boost EUR
The European Commission has published on Wednesday a number of proposals to support the role of the Euro in the global economy
5 December 2018 04:37 PM Bitcoin at lowest level in week
Bitcoin prices declined on Wednesday to its lowest level in a week
4 December 2018 11:49 AM Dollar retreats on falling US bond yields, truce with China
US dollar fell as US Treasury yields dropped to three-month lows, which indicated for some traders that the Federal Reserve would slow rate hike pace.
28 November 2018 10:26 PM Interest just below neutral rate - Powell
This signals a switch to stop the current monetary policy tightening cycle
28 November 2018 08:02 PM UK banks stand stress test ahead of Brexit
This demonstrates their ability to withstand disruptions that may accompany the Brexit
28 November 2018 05:13 PM US GDP grew 3.5% in Q3
GDP increased at an annual rate of 3.5% in the third quarter of 2018
28 November 2018 00:07 AM Russia issues euro bonds 1st time in 5 yrs
Russia seeks to reduce reliance on the US dollar
27 November 2018 01:11 PM Misr Italia launches 2nd project in New Administrative Capital
Misr Italia Properties has launched its second project in the new administrative capital “Vinci” with a total cost of EGP 6.17 billion.
22 November 2018 03:49 PM Sterling jumps as draft post-Brexit deal signals close ties
The UK pound climbed on Thursday as a draft agreement between London and Brussels supported a free-trade accord and close cooperation after Brexit.
7 November 2018 07:57 PM Midterm elections to support more Fed rate hikes
It is believed that the election result will lead to a less expansionary fiscal policy
7 November 2018 04:23 PM Gold trades higher as dollar falls after mid-term election results
Gold trades higher as dollar falls after mid-term election results
7 November 2018 04:18 PM Credit Agricole Q3 profits beat EUR 1bn expectations