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Saudi Arabia Plans Massive Expansion of Oil Pipeline to Bypass Hormuz
Saudi Arabia plans to raise the capacity of its East-West onshore oil pipeline that helps it bypass ...
Fed’s Waller: Trump is a threat to Fed independence
Federal Reserve (Fed) Governor Christopher Waller said in the Bloomberg New Economy Forum 2026 discu...
IMF Warns Middle East War Could Derail Global Economic Growth
The energy crisis sparked by the war in the Middle East remains the biggest risk for the global econ...
Oil: Crude forecasts signal inflation surprises ahead - Societe Generale
Societe Generale’s analysts use their Brent, West Texas Intermediate (WTI) and Diesel price forecasts to derive forward-looking inflation surprises for the US and Eurozone.
Canadian Dollar bounces up as US Dollar loses steam with services PMIs in focus
The Canadian Dollar (CAD) pares previous daily losses on Monday, as the US Dollar (USD) pulls back from multi-month highs against most peers, with market concerns about higher global debt yields keepi ...
Pound Sterling Price News and Forecast: GBP recovers some losses against US Dollar
The British Pound (GBP) claws back some of its early losses against the US Dollar (USD), but is still 0.15% down to near 1.3220 during the European trading session on Monday. The GBP/USD pair recovers ...
Euro area: Growth broadens, ECB hikes
Economic activity gained further momentum in September, with the composite PMI rising to 53.1 from 52.0 in August, well above expectations and the highest level in more than three years.
European Central Bank: Contagion risk reshapes rate expectations – MUFG
MUFG’s Lee Hardman notes that unwanted tightening in Euro-zone financial conditions is prompting markets to pare back expectations for further ECB rate hikes.
The plummeting Euro
The US dollar has strengthened despite disappointing US employment figures. Last month, a modest 29K new jobs were created, against a forecast of 84K. The figures for July–August were revised downward ...
Australian Dollar: Downside limited against US Dollar – UOB
United Overseas Bank (UOB) strategist Quek Ser Leang reports AUD/USD closed at 0.6951 after a brief spike to 0.6976, with intraday price action expected to stay between 0.6930 and 0.6975.
Pound holds firm against Euro, while Autumn Budget remains 'the key risk' for gilts and Sterling
Sterling was one of the more resilient currencies last week, trading roughly flat against the dollar and up to a two-month high against the euro, as the debacle in the French bond markets made British ...
Lagarde’s 'surprisingly dovish' stance puts October ECB hike in doubt
The common currency had a rough week due to unsettled trading in the French bond market, which spilled over into the other peripheral bonds by the end of the week.
Dollar shrugs off weak US data
Our view that market pricing for a long series of Fed hikes was overdone was vindicated last week.
STARCARES equips seven foster homes for children and young people in Tanzania
The initiative with Kijana Kwanza furnishes seven family-style homes for up to 250 beneficiaries in Tanzania.
British Pound recovers some losses against US Dollar, ISM Services PMI eyed
The British Pound (GBP) claws back some of its early losses against the US Dollar (USD), but is still 0.15% down to near 1.3220 during the European trading session on Monday. The GBP/USD pair recovers ...