ECB Set To Join The Rate Hike Club
On Thursday, the European Central Bank (ECB) is scheduled for its monetary policy meeting in which it is expected to raise interest rates for the...
Japanese Economy Likely To Grow More Slowly Than Expected
According to a recent poll, the economy in Japan is expected to grow at a pace slower than what had been expected previously. This is...
Oil Falls On Lackluster Demand From The US
On Wednesday, oil prices fell after data from the US government showed that gasoline demand during the peak driving season in the summer had reduced...
US Home Builder Sentiment Declines
In July, the home builder sentiment in the United States came down to its lowest levels that were last seen in the beginning months of...
Wells Fargo Profit Declines On Higher Loan Loss Reserves
On Friday, Wells Fargo & Co disclosed that its profit for the second quarter of the year nearly halved, as it set aside more funds...
China Promises Timely Home Deliveries Despite Property Protests
On Thursday, regulators in China vowed that they would assist local governments in delivering their property projects on time. This was after a threat from...
Singapore Gears Up Inflation Fight With Surprise Rate Hike
On Thursday, Singapore’s central bank made an off-cycle move when it tightened its monetary policy. The monetary authority said that the move was aimed at...
Bank Of Canada Hikes Rates By 100 Basis Points
On Wednesday, the Bank of Canada made a big splash when it became the first central bank amongst developed economies to deliver an interest rate...
Bailey Says Inflation Is Ultimate Test For Boe
On Tuesday, Andrew Bailey, the Governor of the Bank of England, said that its independence would be tested, as it attempts to bring down inflation...
Bank Of Korea To Increase Rates By 50 Bps
On Wednesday, the central bank in South Korea is scheduled to deliver its first-ever interest rate hike of 50 basis points that will see the...