Countries, businesses brace for economic impact as Storm Boris ravages Central Europe
Central Europe is facing devastating economic losses following the catastrophic floods caused by Storm Boris, with preliminary estimates suggesting the…
How US presidential elections might shape crypto markets: what experts say
The upcoming 2024 US election has sparked discussions about its potential impact on the cryptocurrency markets. Despite former President Donald…
Capital Economics sees rough year ahead for Mexican assets
Capital Economics has anticipated underperformance for the Mexican peso and broader financial assets in the coming year due to political…
Asia FX firm, dollar drifts lower with Fed rate cut in sight
Investing.com– Most Asian currencies firmed on Wednesday, while the dollar retreated as markets positioned for a widely expected interest rate…
Dollar wobbles ahead of Fed decision
By Tom Westbrook SINGAPORE (Reuters) -The dollar wavered on Wednesday, while the yen regained some lost ground as investors made…
Amid deepening economic crisis, Cuba tightens rules on fledgling private sector
By Marc Frank and Dave Sherwood HAVANA (Reuters) – Cuba’s booming private businesses braced for impact on Wednesday as the…
US 30-year mortgage rate falls to two-year low of 6.15%
(Reuters) – The interest rate for the most popular U.S. home loan fell last week to its lowest level in…
US single-family housing starts surge; building permits rise moderately
WASHINGTON (Reuters) – U.S. single-family homebuilding rebounded sharply in August, but a moderate increase in building permits suggested that the…
Germany’s Commerzbank has a bumpy history with big M&A
By Tom Sims FRANKFURT (Reuters) -Commerzbank is poised to put CFO Bettina Orlopp in charge of talks with UniCredit when…
Fed expected to guide for “larger sized” future interest rate cuts – Citi
Investing.com — The Federal Reserve will likely indicate on Wednesday that it plans to roll out “larger sized” interest rate reductions…