Interest rates are likely to be raised by the Federal Reserve
The crisis in Russia-Ukraine continues to dominate the market. Investors may have to be satisfied with the Federal Reserve’s first interest rate increase since the pandemic. The Fed’s fund rate will be raised, according to the report that’s been released. It could go up by a quarter percentage point from where it is now. The […]
EXCLUSIVE India makes record U.S. soyoil purchases as drought parches South America
Indian traders have contracted to import a record 100,000 tonnes of soyoil from the United States because of limited supplies from drought-hit South America, at a time when prices of rival palm oil are scaling record highs, three dealers told Reuters.
NatWest earnings soar but rising prices bite
British bank NatWest (NWG.L) swung to a hefty profit on the back of the country’s economic recovery but said rising prices will make it harder to cut overheads, prompting it to lower its cost-cutting target.
StanChart bets on rate hikes to hit lofty goals as profit disappoints
Standard Chartered (STAN.L) has raised its core profitability goals and promised shareholders extra payouts, despite full year profit undershooting expectations, as it banks on inflation-battling rate hikes worldwide to boost lending.
Analysis: World’s damaged supply chains brace for painful recovery
Signs are growing that a global supply chain crisis which has confounded central bank inflation forecasts, stunted economic recoveries and compressed corporate margins could finally start to unwind towards the end of this year.
ICU – Ukrainian Financial Group Launches the First Ever Mobile Trading Application in the Country
ICU (Investment Capital Ukraine) has become the first Financial Group in Ukraine to introduce a mobile application for trading government bonds in the country. ICU, independent Ukrainian asset management, private equity, and investment banking advisory firm has been working closely with the government to help stimulate the country’s economic growth and development. Globally, most major […]
EXCLUSIVE ECB’s Kazaks says July rate hike is unlikely
The European Central Bank could end its stimulus programme earlier than planned but it is unlikely to raise its main interest rate in July as investors are expecting, ECB policymaker Martins Kazaks told Reuters.
In a time of rising inflation, tourism could be Turkey’s rescue
Turkey’s annual inflation rate has reached a 20-year high of 48.7%, according to government figures released last week. Turkey’s social and economic progress has been outstanding since the 2000s, resulting in increasing employment and earnings and elevating the country to an upper-middle-income status. Turkey increasingly urbanized throughout this time, maintaining strong macroeconomic and fiscal policy […]
ECB on hold but may acknowledge inflation risks
The European Central Bank is all but certain to keep policy unchanged on Thursday but could acknowledge that inflation could stay high for longer than it had projected, a signal that some may take as a hint at a faster exit from stimulus.
Analysis: Investors bank on real yields to boost dollar in months ahead
The dollar’s choppy start to the year has not dissuaded some investors from betting the U.S. currency will soon resume its march higher, lifted by a hawkish Federal Reserve and rising real yields.
