Ahmed Ashraf

The U.S. dollar rose on Wednesday amidst global market uncertainty, with the Dollar Index, which measures the performance of the U.S. currency against a basket of six major currencies, increasing by 0.1% to reach 100.969. This followed a…
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The euro strengthened on Monday following the release of German inflation data, while commodity-linked currencies gained amid hopes for a recovery in China’s economy. Meanwhile, the Japanese yen remained steady as markets reacted. On the…
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U.S. stock futures opened the week steady, as attention shifts to Federal Reserve Chair Jerome Powell’s speech and the upcoming nonfarm payrolls report set to be released later this week. In a separate development, California’s governor…
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In a move that underscores its commitment to achieving this year’s economic growth target of around 5%, Chinese leadership pledged on Thursday to implement "necessary fiscal spending." This approach comes in response to new economic…
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The Swiss National Bank reduced its key interest rate by 25 basis points to 1.0% in its latest meeting on Thursday, marking the third consecutive cut in a series of moves aimed at adapting to current economic conditions. This action…
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Decision-makers supporting an interest rate cut at the European Central Bank are preparing to take a decisive stance on a new rate reduction next month, following a series of weaker-than-expected economic data. While this move may gain…
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The Governor of the Bank of England explained in an interview published on Tuesday that the central bank may be in a position to gradually lower interest rates, as confidence grows that inflation will remain close to the 2% target. He…
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The Reserve Bank of Australia (RBA) confirmed on Tuesday that it does not expect to cut interest rates in the near future, as it maintained its monetary policy unchanged. However, it showed flexibility in its traditionally hawkish stance,…
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Business sentiment in Germany saw a sharp decline in September, surpassing expectations and marking the fourth consecutive month of decline. This drop reflects the ongoing challenges facing Europe's largest economy, further complicating…
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The Bank of Japan is expected to keep interest rates unchanged at the conclusion of its two-day meeting on Friday. However, policymakers may signal a more hawkish stance regarding rising inflation expectations. The bank is anticipated to…
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