Inflation Data Weighs on the Dollar
by Rania Gule, Senior Market Analyst at XS.com – MENA
The USD/JPY pair witnessed a significant drop, starting Thursday’s session around the 155.00 level, near the lower boundary of the short-term descending channel. This decline came after U.S. inflation data showed a slowdown in core inflation, triggering a dollar sell-off and prompting investors to seek refuge in the Japanese yen. This...
Wall Street banks to report quarterly results
by Antonio Di Giacomo, Senior Market Analyst at XS.com
The quarterly earnings of several Wall Street banks will serve as a key indicator of market optimism following Donald Trump's election, which raised expectations for pro-business policies. This reporting period is crucial for understanding how financial institutions are navigating the current economic environment, especially after the volatility caused by political and...
Fintech and regtech will drive stronger future growth in Islamic Finance
Research* with leading Islamic Finance professionals reveals they expect fintech and regtech to make...
Findings of the 10th Meeting of IsDB Institute Board
Islamic Development Bank President and Chairman of IsDB Group, H.E. Dr. Muhammad Al Jasser, chaired the 10th meeting...
A transition risk facing insurers that may be more acute for takaful operators
Insurers have been at the forefront of many changes relating to climate...
Islamic finance in Indonesia fends off coronavirus chill
Islamic finance has thrived in Indonesia despite the coronavirus, with banks and fintech companies rushing to tap...
