Treasury Yields Rise And Dollar Gains Before Fed Meeting
On Monday, the benchmark US government bond yields climbed to their highest value and the greenback also recorded gains. Meanwhile, investors remained on edge with...
Traders Pricing In ECB Rate Cuts For Next Year
According to traders, there is a good chance that by opting to deliver a number of aggressive interest rate hikes, the European Central Bank (ECB)...
Forecast For Fed Terminal Rate Reaches New High
This week saw expectations of the US Federal Reserve hiking the rates aggressively in its battle against inflation reach a fresh high, which exacerbated the...
World Bank Sees Risk Of Global Recession Rise In 2023
On Thursday, the World Bank said that with most central banks all over the globe simultaneously increasing their interest rates for combating surging inflation, there...
UK’s Economy Takes A Hit Due To Surging Prices
The latest data shows that the UK economy recorded less growth than expected in July, which increases the possibility that it may have already entered...
August Saw Global Central Banks Slow Down Hiking Cycle
The month of August saw the scale as well as the pace of increase in the interest rates delivered by central banks in emerging as...
Fed To Continue Rate Hikes Amidst Rising Unemployment
The US Federal Reserve is expected to continue with its aggressive regime of raising interest rates in the next few months for curbing stubborn inflation....
China’s Largest Banks Wounded By Property Sector Rout
The ongoing crisis in the property market of China has left five of the country’s largest banks wounded, with the first half of the year...
Traders Increase Bets Of 75 Bps Hike From ECB
On Monday, euro zone money markets moved for pricing in a possibility of a 75 basis points increase in the interest rate by the European...
Powell Predicts Pain Ahead As Fed Committed To Beat Inflation
On Friday, the chief of the US Federal Reserve delivered his speech at the central banking conference in Jackson Hole, Wyoming, which saw him use...