Tunisia news

12:48 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

Currencies

12:40 AM US budget deficit up 48% in November

The United States saw a jump in the budget deficit in November, due to an increased public spending.

Global Reports

12:34 AM Oil settles with big gains

Oil prices ended today's trading session on a higher note supported by plans by major producers to cut crude output

Oil and Energy

12:26 AM Gold settles lower Thursday

Gold prices declined on Thursday, with the US dollar showing a strong performance against major currencies

Goods and Metals

13 December 06:34 PM US natural gas storage drops as prices surge

The US natural gas inventories dropped by 77 billion cubic feet (Bcf) in the week ended 7 December to a total of 2,914 Bcf.

Global Markets brief

13 December 06:30 PM ECB’s head sees economic risks ‘moving to downside’

The European Central Bank President Mario Draghi warned that economic risks facing the Eurozone are now “moving to the downside.”

Global Reports

13 December 05:00 PM US weekly jobless claims drop 27,000 in early December

US unemployment claims dropped 27,000 week-on-week to 206,000 claims in the week ended 8 December, data released on Thursday showed.

Global Reports

13 December 04:50 PM US import prices record largest drop in 3 yrs

The costs of the US import dropped in November, helped mainly by lower fuel prices, data released on Thursday showed.

Global Markets brief

13 December 04:02 PM ECB holds interest rates; QE to end in December

The European Central Bank on Thursday decided to keep its key interest rates on hold.

Global Markets brief

13 December 03:48 PM Turkey C.bank holds interest rate unchanged

Turkey's central bank on Thursday kept its benchmark rate unchanged.

Global Reports

13 December 03:31 PM Swiss C.bank maintains ultra-loose policy, slashes inflation outlook

Switzerland's central bank left its expansive monetary policy unchanged, lowering its inflation forecast for next year citing strong Swiss franc and economic downside risks.

Global Markets brief

13 December 02:59 PM Norway C.bank puts rate on hold, expects slower tightening pace

Norway's central bank left its benchmark interest rate unchanged, but said it would tighten cost of borrowing at a slightly slower pace than previously planned.

Global Reports

13 December 02:56 PM El-Sisi nods to EUR 150m loans from AFDB

Cairo – Mubasher: Egyptian President Abdel Fattah El-Sisi has approved two loans worth EUR 150 million from the African Development Bank Group (AFDB). El-Sisi also issued the presidential decree number 178 for 2018, approving a $100 million loan …

Macroeconomics

13 December 01:47 PM Global oil supply could tighten more rapidly in 2019–IEA

The global oil market could shift into supply shortage sooner than expected, the International Energy Agency said on Thursday.

Oil and Energy

13 December 12:51 PM Apple plans to establish $1bn campus in Texas

Apple on Thursday said that it would invest $1 billion to build a new campus in Texas, with another $10 billion for new data centres.

Global Reports

Brent crude, February futures, added 0.5%

13 December 12:33 PM Kuwait crude oil adds 79 cents on Wednesday – KPC

Mubasher: The price of Kuwait’s crude oil increased by 1.35% or 79 cents to settle at $58.90 per barrel on Wednesday compared to $58.11 pb in the previous session, according to the latest data by the Kuwait Petroleum Corporation (KPC). At the …

Commodities

13 December 12:24 PM Philippines holds key rate after hiking streak on cooling inflation

The Philippine central bank held its benchmark interest rate steady, for the first time in six meetings as inflation pressures cooled, and the peso strengthened.

Global Reports

13 December 12:05 PM 7 killed, dozens injured in Turkey train collision

Seven people were killed and 46 others were injured in Turkey, after a high-speed train collided with another rail engine, crashing into a pedestrian overpass.

Global Reports