African Central Banks Step in to Prop Up Slumping Currencies – BNN Bloomberg
(Bloomberg) -- African central banks are stepping up uncoordinated interventions in their markets to prop up their slumping currencies and...
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Ethiopian Central Bank Sells Dollars at Special Auction – BNN Bloomberg
(Bloomberg) -- The National Bank of Ethiopia sold dollars to commercial lenders as it seeks to close the gap between...
UK House Prices Rise the Most Since January, Halifax Says – BNN Bloomberg
(Bloomberg) -- UK home prices resumed growth after a three-month lull, gaining at the strongest pace since January in a...
Carry Trade Out of Danger Zone But Watch Yuan, Citi Quants Say – BNN Bloomberg
(Bloomberg) -- China’s yuan is more at risk of being squeezed by the unwind of global carry trades as positioning...
Pakistan’s Dollar Bonds Rally 30% Ahead of IMF Loan Approval – BNN Bloomberg
(Bloomberg) -- The rally in Pakistani dollar bonds needs authorities to stay on the path of economic reforms proposed by...
Egypt’s currency edges higher against the US dollar after price hikes | Ap
CAIRO (AP) — The Egyptian pound is sliding against foreign currencies, inching nearer to 50 per U.S. dollar after a...
Japan’s Executives Struggle to Read Volatility in Stocks, Yen – BNN Bloomberg
(Bloomberg) -- Japan’s biggest companies are struggling to provide clear guidance to investors as the extreme volatility in the country’s...
Global Carry Trade Unwind Extends as Peso Drops, Yen Gains – BNN Bloomberg
(Bloomberg) -- An unwinding of global carry trades is helping to jolt markets around the world.The yen and yuan pushed...
Euro Jumps to $1.10 on Bets Fed May Go Beyond ECB on Rate Cuts – BNN Bloomberg
(Bloomberg) -- The euro climbed to the strongest level in seven months as signs the US economy is much weaker...
Malaysian Ringgit Surges Most Since 2015 on Inflows, Optimism – BNN Bloomberg
(Bloomberg) -- The ringgit jumped the most in nine years on bets foreign capital will flood in amid optimism surrounding...
