Iraq’s oil ministry on Tuesday called for meeting “as soon as possible” with the Kurdistan region’s ministry of natural resources and international companies operating there to reach a deal on resuming oil exports via a pipeline to the Turkish port of Ceyhan.

This decrease coincides with a significant downturn of 10.9% YoY in exports, valuing at a total of $3.57 billion

Against a basket of currencies, the dollar was down 0.11% to 104.44, for a 1.7% decline on a monthly basis

Economists who drink central banks’ inflation-targeting Kool-Aid and view existing arrangements as sacrosanct fail to recognize that the belief that central-bank independence can help control inflation is barely four decades old

LONDON/SINGAPORE  – The Japanese yen drifted to its softest level in four weeks against the dollar on Wednesday on the back of rising U.S. yields, as placid markets encouraged investors to resume carry trades, while the euro weakened after German inflation data.

The market is segmented into five primary sectors, with electronics and media leading at 32.9%