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Economy

Market comment

Market comment Market comment on behalf of Ruben Ferreira - Head of Portuguese Operations at FlowCommunity Gold remains under pressure, declining for three consecutive sessions to its lowest level in a month, largely due to a stronger U.S. dollar and reduced safe-haven demand. Amid the broader market reassessment of fiscal and monetary strategies following Trump re-election, there is a marked rotation into riskier assets as market participants...

A Market Surge After Trump’s Comeback

A Market Surge After Trump's Comeback Written by Antonio Di Giacomo, Senior Market Analyst at XS.com Donald Trump's victory in the presidential election on November 5, 2024, sparked a positive reaction in the central U.S. stock indexes, which closed at historic highs. The Dow Jones Industrial Average rose more than 1,500 points, reaching 43,800 points. Meanwhile, the S&P 500 closed at 5,940 points and the Nasdaq at...
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Alternative payment methods surge in popularity for online purchases in Philippines

Alternative payment methods surge in popularity for online purchases in Philippines While cash remains the preferred payment method for online purchases in the Philippines, alternative...

Payment cards dominate e-commerce payments in Australia

Payment cards dominate e-commerce payments in Australia Payment cards are the most are the preferred payment method for e-commerce purchases in Australia, collectively accounting for...

Signed USD 65 Million Financing Agreements with Bank of Palestine

Signed USD 65 Million Financing Agreements with Bank of Palestine IFC, PROPARCO & SANAD Fund for MSME Sign a USD 65 million financing agreements with...

Market Thoughts

Market Thoughts  Wednesday 11th September – Conviction Lacking As CPI Looms Today’s market analysis on behalf of Michael Brown Senior Research Strategist at Pepperstone Digest – Trade was choppy, but...

Human risk in supply chains in the Middle East

Human risk in supply chains in the Middle East Middle East organisations are increasingly facing vulnerabilities in their supply chains due to in human behaviour....

IFC and EBRD invest in Bank of Palestine to boost local economy

IFC & EBRD Invest in Bank of Palestine’s Capital to Support the Bank in Local Economic Recovery, Growth & Regional Expansion The International Finance Corporation...

Viet Nam’s economy is forecast to grow 6.1% in 2024

Viet Nam’s economy is forecast to grow 6.1% in 2024 The World Bank: Viet Nam’s economic growth is expected to pick up in 2024, driven...

Japan’s July Inflation Rises For Third Successive Month To 2.7%

Japan's July Inflation Rises For Third Successive Month To 2.7% By Sana Tahir  Forbes Middle East: Japan's core consumer price index (CPI), which excludes fresh food items,...

World Bank Group Ramps Up Fight Against Global Hunger

World Bank Group Ramps Up Fight Against Global Hunger The World Bank Group today unveiled a comprehensive package of initiatives to address urgent poverty and...

Is the Dow Jones’s and other indices’ decline a symptom of global economic turmoil?

Is the Dow Jones's and other indices' decline a symptom of global economic turmoil? On Monday, the Dow Jones Index experienced a significant drop of...

Gold market comment on behalf of Chris Weston

Gold market comment on behalf of Chris Weston Market analysis on behalf of Chris Weston Head of Research at Pepperstone The wind is to gold’s back...

USD/JPY breaches the 150 level amid Japanese policy tightening

USD/JPY breaches the 150 level amid Japanese policy tightening Today's market analysis on behalf of Rania Gule Market Analyst at XS.com The USD/JPY currency pair dropped by 1.5% yesterday, starting...