Sterling bows to dollar strength after UK GDP data: The pound eased on Thursday after data confirmed the UK economy entered recession in the second half of last ...
reuters.com/markets/currencies/sterling-bows-dollar-strength-after-uk-gdp-data-2024-03-28/
Markets end Q1 in party mood, but US, China growth under scrutiny: A tumultuous first quarter is coming to an end and the "buy everything" party is in full swing ...
reuters.com/business/take-five/global-markets-themes-graphic-2024-03-29/
Ghana to Hold Interest Rates on Cedi (USD: GHS) Slump, Inflation Angst: Policymakers at the Bank of Ghana on Monday are expected to keep interest rates unchanged ...
bloomberg.com/news/articles/2024-03-25/ghana-to-hold-interest-rates-on-cedi-usd-ghs-slump-inflation-angst
South African rand edges higher ahead of rate decision: The South African rand edged higher at the start of a week that will include the central bank's decision ...
reuters.com/world/africa/south-african-rand-edges-higher-ahead-rate-decision-2024-03-25/
Quick Glance: South African Rand Shows Strength Ahead of Interest Rate Decision
- The value of the South African rand increased at the beginning of a week that will involve the central bank's decision on interest rates.
- Observers await the South African Reserve Bank's interest rate announcement on Wednesday following a rise in inflation to 5.6% in February, approaching the upper limit of the central bank's preferred range of 3% to 6%.
- Enhancing investor confidence through positive changes in local economic strategies could potentially lead to a recovery in the value of the local currency and the overall economic outlook.
- South Africa's benchmark 2030 government bond remained unchanged in early transactions, yielding 10.425%.
Shares edge higher; yen's drop to 1990 low lifts Nikkei: Global shares rose on Wednesday, nudged higher by a rally in Japanese stocks as the yen sagged to its ...
reuters.com/markets/global-markets-wrapup-1-2024-03-27/
Founders of Companies Worth Over a Billion Dollars Have These Simple Things in Common
entrepreneur.com/business-news/unicorn-founders-have-three-simple-things-in-common-study/471772
Dollar weakens after Fed meeting, yen strengthens: The dollar weakened and the yen rebounded from near multi-decade lows on Wednesday after the Federal Reserve ...
reuters.com/markets/currencies/yen-flounders-near-four-month-low-fed-spotlight-2024-03-20/
Asia shares edge up, Japan cautions on yen weakness: Asian shares inched higher on Monday as investors hoped U.S. inflation data this week would not derail the ...
reuters.com/markets/global-markets-wrapup-1-2024-03-25/
Zimbabwe’s economy veers wildly day to day. Here’s how to make sense of it all. globalpressjournal.com/global-reports/zimbabwes-currency-woes #ZimdollarTurmoil #zimbabwe #harare zimbabwean #hararezimbabwe #zimeconomy #inflation #economy #zimcurrency #zimbabweaneconomy #bondnotes ... Show more
Crypto hacks: North Korea Hits Crypto Firms Scrimping on Security: It’s every cryptocurrency project’s nightmare: Well-resourced hackers — perhaps backed by a ...
bloomberg.com/news/articles/2024-03-22/crypto-hacks-north-korea-hits-crypto-firms-scrimping-on-security
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History of Japan's intervention in currency markets: Japanese authorities held an emergency meeting this week to discuss the weak yen and suggested they were ...
reuters.com/markets/currencies/history-japans-intervention-currency-markets-2024-03-28/
Quick Glance: Japanese Authorities Address Weakening Yen, Signal Intervention
- Masato Kanda, vice finance minister for international affairs, mentions Japan's readiness to respond to disorderly FX moves.
- Japan's three main monetary authorities held an emergency meeting to discuss the weakening yen and indicated willingness to intervene to stop speculative currency market moves.
- Amid the yen falling to a 34-year low against the dollar, urgency was emphasized by the Bank of Japan, Finance Ministry, and Financial Services Agency to stabilize the yen.
- A weaker yen raises Japanese import costs, fuels inflation, and increases the cost of living.
India's current account deficit narrows to $10.5 bn in Oct-Dec: RBI: India's current account deficit declined to USD 10.5 billion or 1.2 per cent of the GDP in ...
business-standard.com/economy/news/india-s-current-account-deficit-narrows-to-10-5-bn-in-oct-dec-rbi-124032600749_1.html
U.S. Dollar Sees Slight Increase Against Brazilian Real: On Tuesday, the U.S. dollar saw a modest uptick against the Brazilian real.This change came after the ...
riotimesonline.com/u-s-dollar-sees-slight-increase-against-brazilian-real/
JPY USD: Yen Vulnerable to Fed as BOJ Keeps Traders Guessing on Rate Hikes: The yen is at risk of sliding back to three-decade lows against the dollar after the ...
bloomberg.com/news/articles/2024-03-20/yen-vulnerable-to-fed-outlook-as-boj-keeps-traders-guessing-on-more-rate-hikes
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Quick Glance: Fate of BOJ's Stimulus Tools Revealed
- The Bank of Japan ended eight years of negative interest rates and other unorthodox measures to boost growth. Details on changes to the stimulating tools were disclosed.
- The negative interest rate policy was lifted, and the bank now pays a 0.1% interest rate on excess reserves to withdraw money from the economy.
- Yield curve control was dismantled, but the bank will continue to buy bonds and intervene with larger purchases if bond yields rise rapidly.
- The purchase of risky assets like ETFs and REITs was discontinued, and the commitment to maintain massive stimulus was withdrawn to reassure the market.
Argentines abandon dollars for Bitcoin to tackle inflation: Argentines are abandoning the US dollar in favour of Bitcoin as the cryptocurrency’s value reached an ...
punchng.com/argentines-abandon-dollars-for-bitcoin-to-tackle-inflation/
[In This Economy] Marcosian ‘delulunomics’: At the rate growth dipped from 2022 to 2023, 8% growth is a moonshot. This is peak delulu. If we settle at 5 ...
rappler.com/voices/thought-leaders/in-this-economy-ferdinand-marcos-jr-delusions/
Dollar Falls Below R$5 as Fed Holds Rates: The U.S. dollar dipped over 1% to under R$5 on Wednesday, reacting to the Federal Reserve's decision to keep its ...
riotimesonline.com/dollar-falls-below-r5-as-fed-holds-rates/
Real estate sector may touch market size of $1.3 trillion by 2034: Report: The real estate sector is estimated to reach a market size of USD 1 ...
business-standard.com/industry/news/real-estate-sector-may-touch-market-size-of-1-3-trillion-by-2034-report-124031600627_1.html
IRS needs to plan better for modernization funding: The Internal Revenue Service hasn't fully updated its plans to use the tens of billions of dollars in ...
accountingtoday.com/news/irs-needs-to-plan-better-for-modernization-funding
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Dollar Surpasses R$5, First Time in Over Four Months Amid Market Caution: This Monday, the U.S. dollar climbed, exceeding R$5 for the first time in over four ...
riotimesonline.com/dollar-surpasses-r5-first-time-in-over-four-months-amid-market-caution/
Argentina gets more expensive, the cost unbearable: The government is patting itself on the back while ignoring a new recession that has the country on its knees
buenosairesherald.com/op-ed/editorial/argentina-is-more-expensive-the-cost-unbearable
Nigerian Inflation at 28-Year High After Naira (NGN/USD) Weakens: Nigerian inflation surged to a 28-high in February after the authorities allowed the naira to ...
bloomberg.com/news/articles/2024-03-15/nigeria-set-for-another-rate-hike-as-inflation-hits-28-year-high
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Base Metals Rise as Investors Await US Inflation Report: Base metals rose ahead of the pending release of US inflation data that investors will use to help ...
bloomberg.com/news/articles/2024-03-11/base-metals-rise-as-investors-await-us-inflation-report
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UGX-USD: Uganda Hikes Rate at Emergency Move to Boost Shilling: Uganda’s central bank delivered an emergency interest-rate increase to curb inflation and support ...
bloomberg.com/news/articles/2024-03-06/uganda-hikes-rate-for-first-time-in-two-years-in-emergency-move
S&P 500 hits a new record ahead of U.S. jobs report: Gold prices also hit an all-time high after Fed chair Jerome Powell fostered expectations for lower U.S ...
fastcompany.com/91052058/sp-500-hits-a-new-record-ahead-of-u-s-jobs-report
NGN/USD: Naira Collapse Deepens Nigeria Cost-of-Living Crisis: Food trucks attacked, seven killed in stampede to get rice
bloomberg.com/news/features/2024-03-09/ngn-usd-naira-collapse-deepens-nigeria-cost-of-living-crisis
'Everything is rising at a scary rate': Why car and home insurance costs are surging
npr.org/2024/03/03/1233963377/auto-home-insurance-premiums-costs-natural-disasters-inflation
Zimbabwe Inflation Hits Six-Month High as Currency (ZWL:USD) Plunges: Zimbabwe’s inflation rate jumped to its highest level in six months as the local dollar ...
bloomberg.com/news/articles/2024-02-29/zimbabwe-inflation-hits-six-month-high-as-currency-zwl-usd-plunges
🦄 A near-record investment round from hospitality-management firm Mews means that it joins Rohlík and Productboard as Czech companies worth over USD 1bn ... Show more
Dollar Dips Slightly Amid Inflation Data, Brazil Sees Unexpected Inflation Rise: The US dollar saw a modest decline against the Brazilian real this Tuesday ...
riotimesonline.com/dollar-dips-slightly-amid-inflation-data-brazil-sees-unexpected-inflation-rise/
Quick Glance: Inflation Decline and Consumer Impact
- Inflation in Germany continues to decline, primarily due to cheaper energy prices. Experts predict a further decrease in the year ahead, but with potential challenges. Higher inflation rates diminish consumer purchasing power.
- In February, energy and fuels decreased in price, while food prices increased. Services also became more expensive. Consumer prices rose by 0.4 percent compared to the previous month.
- The German government forecasts rising consumer prices and wage increases above the inflation rate. The expectation is that employees will spend the money and boost private consumption. However, the Bundesbank President warns against premature interest rate cuts.
- Despite the decline in inflation, the Bundesbank cautions against premature interest rate cuts. The European Central Bank aims for price stability in the medium term. Higher interest rates can curb demand but also burden the economy.
Bitcoin Tears Higher, Bucking Inflation Data Pressure on the S&P 500: Bitcoin prices wobbled after the release of inflation data but then soared to a fresh ...
barrons.com/articles/bitcoin-ethereum-price-crypto-markets-today-c7f63231
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European shares slip ahead of data-packed week: European shares opened lower on Monday, as greenback-priced commodities lost their appeal on a firmer U.S. dollar ...
reuters.com/markets/europe/european-shares-slip-ahead-data-packed-week-2024-02-26/
Inflation and co.: Why the price of gold is reaching new heights: For 4,000 years, gold has been widely regarded as a "safe haven" for savings ...
noen.at/niederoesterreich/wirtschaft/im-goldrausch-inflation-und-co-warum-der-goldpreis-neue-hoehen-erklimmt-413127702
Bridlen’s New Collection: Ready Made: Discover Bridlen's New Collection of Ready Made Shoes that are good to go as soon as you order ...
theshoesnobblog.com/bridlens-new-collection-ready-made/
Ringgit rebounds to open higher against US$: KUALA LUMPUR: The ringgit rebounded to open higher against the US dollar ahead of the release of the US inflation ...
thestar.com.my/business/business-news/2024/02/29/ringgit-rebounds-to-open-higher-against-us
Target launches low-cost brand with prices starting under $1: Target is launching a new brand that will price most items under $10 in an effort to appeal to ...
foxbusiness.com/lifestyle/target-launches-low-cost-brand-with-prices-starting-under-1-dollar
U.S. Inflation Data Keeps Dollar Stable Against the Real: The U.S. dollar's value against the Brazilian real remained stable after recent U.S ...
riotimesonline.com/u-s-inflation-data-keeps-dollar-stable-against-the-real/
Rupee logs worst day in 3 weeks as outflows, weak Asian peers weigh: The Indian rupee logged its worst day against the dollar in nearly three weeks on Wednesday ...
reuters.com/world/india/rupee-logs-worst-day-3-weeks-outflows-weak-asian-peers-weigh-2024-03-13/
Egypt’s Inflation Hits Record High of 36 Percent as Prices Soar: According to recent data released by the Central Agency for Public Mobilization and Statistics ...
egyptianstreets.com/2024/03/10/egypts-inflation-hits-record-high-of-36-percent-as-prices-soar/
Dollar firms past 150 yen as US, Japan rates outlook diverge: The yen was pinned near a three-month low against the dollar on Tuesday as sticky U.S ...
reuters.com/markets/currencies/dollar-firms-past-150-yen-us-japan-rates-outlook-diverge-2024-02-20/
India announces USD 1.2 bln investment in AI projects: India has approved an ambitious and comprehensive national-level AI mission with a budget outlay of Rs.10 ...
thedailystar.net/tech-startup/news/india-announces-usd-12-bln-investment-ai-projects-3562006
Agri product exports make a turnaround: Bangladesh's agricultural product exports have slightly increased year-on-year during this fiscal year ...
thedailystar.net/business/economy/news/agri-product-exports-make-turnaround-3564546
Dollar Stabilizes as US Inflation Data Looms and Petrobras Dividends Stir Market: On Monday, the dollar held steady against the Brazilian real as investors ...
riotimesonline.com/dollar-stabilizes-as-us-inflation-data-looms-and-petrobras-dividends-stir-market/
Blue and MEP dollars fall below AR$1,000: The gap between the parallel and official exchange rates has narrowed, making Argentina more expensive in dollar terms
buenosairesherald.com/economics/blue-and-mep-dollars-fall-below-ar1000
This digital calendar is the size of an office monitor - and costs $600: 27 inches, 1,440p - That sounds like a monitor for the home office. In fact ...
t3n.de/news/27-zoll-bildschirm-600-dollar-kalender-alternativen-1608175/
Big interest rate cuts this year? Ain’t gonna happen: Regardless of its intentions, the Bank of Canada will struggle to bring interest rates down by very much ...
theglobeandmail.com/business/commentary/article-big-interest-rate-cuts-this-year-aint-gonna-happen/
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Sterling rises against euro on signs British rate cut will be delayed: Sterling on track for its biggest weekly rise against the euro since early January, up 0 ...
irishexaminer.com/business/economy/arid-41348936.html
India to become upper middle-income nation by 2031, to grow at 6.8%: CRISIL: Crisil Ratings on Wednesday projected India's GDP growth at 6.8 per cent in the next ...
business-standard.com/economy/news/india-to-become-upper-middle-income-nation-by-2031-to-grow-at-6-8-crisil-124030600369_1.html
BNM may keep OPR unchanged at 3% for the year: Research houses have forecasted robust gross domestic product growth of 4.4% to 5% for the year 2024 ...
freemalaysiatoday.com/category/business/2024/03/08/bnm-may-keep-opr-unchanged-at-3-for-the-year/
Argentina’s Parallel Dollar Dips to 2024 Low: Yesterday in Argentina, the parallel dollar fell by 20 pesos, a 2 percent drop that took it below 1 ...
riotimesonline.com/argentinas-parallel-dollar-dips-to-2024-low/
Dollar Weakens After Powell Signals Potential Rate Cuts: The U.S. dollar fell against the Brazilian real as markets reacted positively to Federal Reserve Chair ...
riotimesonline.com/dollar-weakens-after-powell-signals-potential-rate-cuts/
Ringgit closes lower on mild profit-taking: Investors remain bullish on the US dollar as the US Federal Reserve is not about to change its restrictive stance ...
freemalaysiatoday.com/category/business/2024/03/05/ringgit-closes-lower-on-mild-profit-taking/
Airbnb founder's new startup builds tiny houses for $300,000: The startup Samara sells modular tiny houses. Check out the most expensive unit here for almost 300 ...
businessinsider.de/leben/international-panorama/neues-startup-vom-airbnb-gruender-baut-tiny-houses-fuer-300-000-dollar/
Solar company from Frankfurt: $200 million from Blackrock for solar start-up: Dollar rain for a German solar company: The US investment company is investing in ...
faz.net/aktuell/rhein-main/wirtschaft/200-millionen-dollar-von-blackrock-fuer-frankfurter-solar-start-up-19554561.html
US, Europe stocks drop as dollar rises: Stocks in the United States and Europe slumped on Tuesday while the dollar climbed as data showed that US inflation ...
punchng.com/us-europe-stocks-drop-as-dollar-rises/
Ringgit rises as BNM's statement boosts local traders: The US Dollar Index fell 0.13% to 103,838 points, as the market awaits the US personal consumption ...
freemalaysiatoday.com/category/business/2024/02/29/ringgit-rises-as-bnms-statement-boosts-local-traders/
Deflation: Here's where prices fell in January 2024, in one chart : The U.S. economy is seeing some consumer categories deflate, or fall in price ...
cnbc.com/2024/02/14/deflation-january-2024-heres-where-prices-fell.html
Gold futures just closed at new record thanks to weak economic data: ‘Tamer’ U.S. inflation data and fall in ISM manufacturing index help give the metal a boost
marketwatch.com/story/gold-futures-just-closed-at-new-record-thanks-to-weak-economic-data-9fa6d7bd
Ringgit closes slightly lower against US dollar, sentiment remains favourable: KUALA LUMPUR: The ringgit was slightly lower against the US dollar at ...
thestar.com.my/business/business-news/2024/03/01/ringgit-closes-slightly-lower-against-us-dollar-sentiment-remains-favourable
Dollar Stays Steady Against Real Amid Key Financial Events: The US dollar remained steady against the Brazilian real on Thursday, influenced by Ptax rate ...
riotimesonline.com/dollar-stays-steady-against-real-amid-key-financial-events/
Opinion: Quantifizierung der wirtschaftlichen Auswirkungen von Lieferkettenengpässen
aviationweek.com/aerospace/manufacturing-supply-chain/opinion-quantifying-economic-impact-supply-chain-bottlenecks
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Spot Dollar Climbs Amid Global Uncertainties: After two sessions of decline, the spot dollar closed on Wednesday with a firm rise against the real ...
riotimesonline.com/spot-dollar-climbs-amid-global-uncertainties/
Nigeria Ups Interest Rate to Tackle Economic Woes: Nigeria's central bank took bold action against the rising cost of living. It raised its main interest ...
riotimesonline.com/nigeria-ups-interest-rate-to-tackle-economic-woes/
'US inflation is a risk': What's next for Norway's weak krone?: Norway's krone, while still weak, may be showing signs of stabilising after a year of ...
thelocal.no/20240227/signs-of-stabilisation-the-latest-on-norways-weak-krone
Inflation Alert in Chile Due to Currency Volatility: Chile's Consumer Price Index (CPI) revision and the dollar's rapid fall prompt analysts to ...
riotimesonline.com/inflation-alert-in-chile-due-to-currency-volatility/
From Tradition to Empire: The Path of Latin American Family Businesses: Family enterprises are central to Latin America's economy, making up 75% of its ...
riotimesonline.com/from-tradition-to-empire-the-path-of-latin-american-family-businesses/
By email from home office: NASA's Jet Propulsion Laboratory lays off hundreds: The budget is still being negotiated in the US Congress, and this has consequences ...
heise.de/news/Budget-nicht-fertig-Jet-Propulsion-Laboratory-entlaesst-8-der-Belegschaft-9623829.html
Oil company: Russia must pay Yukos shareholders 50 billion dollars: Moscow declared the company owned by Putin critic Khodorkovsky insolvent in 2006 and then ...
handelsblatt.com/unternehmen/energie/oelkonzern-russland-muss-yukos-aktionaeren-50-milliarden-dollar-zahlen/100016715.html
Ringgit closes higher as US Fed unlikely to cut interest rates: The ringgit to remain weak in light of a bullish view of the US dollar, says analyst.
freemalaysiatoday.com/category/business/2024/02/22/ringgit-closes-higher-as-us-fed-unlikely-to-cut-interest-rates/
Wood prices follow the housing market: The reasons for rising wood prices: Global wood prices have stabilized at a higher level. This was preceded by a crash ...
agrarheute.com/energie/holz/holzpreise-folgen-hausmarkt-gruende-fuer-steigende-holzpreise-616755
The farce of expressing PCI in taka: This is nothing more than a poor trick that will eventually produce no real gain
thedailystar.net/opinion/views/news/the-farce-expressing-pci-taka-3548231
Cisco all the rage: mass layoffs and something with AI: Sales and profits are weakening at Cisco, and now five percent of the workforce is set to leave ...
heise.de/news/Cisco-Solides-Quartal-wir-entlassen-ueber-4000-Leute-9629083.html
Quick Glance: Cisco to Cut Over 4,000 Jobs
- Cisco Systems Inc., the largest maker of computer networking equipment, plans to cut thousands of jobs due to a slowdown in sales growth.
- A restructuring plan will impact about 5 percent of Cisco's workforce, the company announced on Wednesday.
- The restructuring will incur expenses of approximately $500 million, according to Cisco.
- Sales are expected to reach $12.1 billion to $12.3 billion in the fiscal third quarter, ending in April, as announced by the company.
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