Why Gita Gopinath Says The Dollar Will Remain King For Years
(MENAFN– AsiaNet News) New Delhi [India]: Gita Gopinath, former IMF Chief Economist and Deputy Managing Director, now back…
Polish central bank increases gold holdings target to 30% of reserves
Poland’s central bank will seek to increase its gold holdings to 30% of its reserve assets, the bank…
Türkiye Posts Surge in Electricity Prices
(MENAFN) Türkiye’s day-ahead spot electricity market will see the highest rate of 3,395.01 Turkish liras per megawatt-hour at…
Ringgit poised to strengthen against US dollar on federal reserve rate-cut expectations | Business
THE ringgit is expected to appreciate against the US dollar in the coming week, following weaker-than-expected nonfarm payrolls…
China’s yuan rallies with central bank backing as worries mount over US dollar
A recent rally in China’s yuan has been primarily fuelled by stronger guidance from its central bank rather…
Market veteran issues crash warning as ‘real’ jobs data shows contraction
Jeremy Szafron joins Kitco News as an anchor and producer from Kitco’s Vancouver bureau. Jeremy is a seasoned journalist…
China’s yuan rallies with central bank backing as worries mount over US dollar
A recent rally in China’s yuan has been primarily fuelled by stronger guidance from its central bank rather…
Wall Street buys renewed bull market, Main Street also sees gains with August employment data dominating next week
Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and…
IMF sees Panama GDP up 4.5% this year in rebound from copper mine closure
Panama’s economy is expected to grow 4.5% this year as the impact fades from the closure in late…
Wall Street ramps up bets on September rate cut after Powell’s dovish tone
August 25 – Brokerages are adding a September rate cut to their forecasts after Federal Reserve Chair Jerome…
Ringgit rises vs greenback as Fed signals Sept rate cut
KUALA LUMPUR: The ringgit rebounded, opening higher against the US dollar on Monday after US Federal Reserve (Fed)…
China’s yuan fixing rate hits 9-month high after dovish pivot by US Fed chair
China’s central bank has set the yuan’s daily reference rate against the US dollar at the strongest level…