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Author: Steven Sahiounie
Egypt’s currency floatation is likely to boost real estate demand from international investors, according to a new analysis.
The one-year bill was priced to yield 26.6%, similar to that at the central bank’s last auction two weeks ago and higher than its benchmark rate of 24.75%
IRH, which recently bought a 51% stake in Zambia’s Mopani Copper Mines, told Reuters the deal has unlocked potential for more opportunities to grow in Africa’s second largest copper producer
With an economic freedom score higher than the world and regional averages, Bahrain’s overall performance additionally improved on a global comparative, climbing 14 positions since last year
The overall picture is that freight movements have started to rise even before the U.S. Federal Reserve and other major central banks cut interest rates
Copper prices held steady in London on Thursday against a backdrop of dollar strength and uncertain demand prospects in top metals consumer China.
The Japanese currency was steady at 151.36 per dollar having traded just shy of the 152 mark at its weakest since 1990 on Wednesday
NEW YORK/LONDON – A gauge of global share markets was barely changed on Thursday as it was poised to end the quarter with solid gains, while a strong dollar kept the yen near its weakest in decades amid the threat of intervention from Japanese authorities.
NEW YORK – The dollar gained on the euro on Thursday before key U.S. inflation data due on Friday and as investors squared positions for month- and quarter-end.
Gold prices hit a record high on Thursday, and logged their best month in over three years, propelled by U.S. interest rate cut expectations and strong safe-haven demand.
