Tag: Economy

news-16062024-143417

Gold price surges as US inflation falters against Fed’s hawkish stance

Gold prices surged above $2,330 as investors placed their bets on the Federal Reserve (Fed) cutting interest rates later in the year. This increase...
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Gold Price Drops Following Release of U.S. Producer Prices Data

Gold prices took a hit on Thursday following the release of U.S. producer prices data. The U.S. Federal Reserve recently announced that they would...
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Saudi Deputy Minister Emphasizes Kingdom’s Manufacturing Sector Growth

The Middle East region is experiencing a surge in startup activity, with entrepreneurs securing funding across various sectors. Investment pools have been established, with...
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Egypt’s net foreign assets deficit contracts $586m in April

Egypt's Net Foreign Assets Deficit Contracts $586m in AprilEgypt's net foreign assets (NFAs) deficit contracted by $586m in April, marking the third consecutive month...
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Mint Explainer: Why India’s net FDI is at its lowest level since 2007

India's Net FDI Hits Lowest Level Since 2007India has seen a significant decline in foreign direct investment (FDI), with net FDI dropping to its...

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news-05072024-142021

French Elections Round Two, Powell Testimony, and US CPI Preview –...

Traders are eagerly watching the outcome of the French election, with the far-right National Rally (RN) leading the first round but facing opposition from...