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WorldEconomy

Dollar Stays Under Pressure as Traders Await US Inflation Figures and Fed Guidance

The US dollar remained weak on Wednesday, October 14, as investors awaited September inflation data and prepared to assess comments from Federal Reserve...

EconomyAfrica

Uganda Central Bank Calls Emergency Meeting as Shilling Weakens

Uganda’s central bank has scheduled an emergency Monetary Policy Committee meeting for Wednesday as the country’s currency continues to weaken against the US...

South African Rand Holds Steady as Investors Await Fresh US Inflation Data
BusinessAfrica

South African Rand Set to End Four Week Losing Streak as Gold Prices Rise

South Africa’s rand was on track to record its first weekly gain in five weeks on Friday, supported by rising gold prices, a...

Dollar Strengthens as Europe’s Economic Woes Boost Safe-Haven Demand
WorldEconomy

Dollar Strengthens as Europe’s Economic Woes Boost Safe-Haven Demand

The U.S. dollar has climbed to an 18-month high as mounting economic and fiscal problems in Europe strengthen investor demand for the greenback....

Dollar Holds Gains as Markets Await Fed Minutes, Policymaker Speeches
WorldEconomy

Dollar Holds Gains as Markets Await Fed Minutes, Policymaker Speeches

The US dollar held firm on Wednesday as investors awaited minutes from the Federal Reserve’s September meeting and comments from several policymakers for...

Global Stocks Rise as Investors Look Ahead to Earnings, Bond Yields Ease
WorldEconomy

Global Stocks Rise as Investors Look Ahead to Earnings, Bond Yields Ease

Global stocks rose on Tuesday as investors turned their attention to the upcoming third-quarter earnings season, while easing bond yields provided some relief...

Astro Digital Set to Go Public in $587 Million SPAC Deal
WorldBusinessEconomy

Dollar Seen Losing Most Recent Gains Despite Strong Rally

The US dollar is expected to give up most of its recent gains over the next year, according to a Reuters poll of...

Global Bonds Face Worst September in Years as Stocks Remain Resilient
EconomyBusinessWorld

Global Bonds Face Worst September in Years as Stocks Remain Resilient

Global bond markets are heading for one of their worst months in years as rising inflation concerns, heavy government borrowing and elevated energy...