A senior official at the US Federal Reserve signalled a more cautious stance on interest rate cuts, as inflation remains persistent and geopolitical tensions add uncertainty to the economic outlook. …
Business
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The International Monetary Fund has warned that the escalating conflict in the Middle East is adding further stress to an already fragile global fiscal environment. In its latest Fiscal Monitor …
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Finance ministers from more than 10 countries cautioned on Wednesday that the ongoing Middle East conflict would continue to weigh on global growth, inflation, and financial markets, even if a …
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US Treasury Secretary Scott Bessent said on Tuesday that he remains confident that core inflation in the United States will continue to ease despite the ongoing war involving Iran. Bessent …
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Billionaire investor Ken Griffin has warned that a prolonged shutdown of the Strait of Hormuz could push the global economy into a recession, underscoring the risks tied to ongoing tensions …
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Euro zone government bond yields rose on Monday. This came after the United States and Iran failed to reach a deal to end the conflict. The breakdown in talks pushed …
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Business
Petroyuan or dollar strength? Hormuz conflict sparks global currency fight
by adminby adminThe significance of the US dollar in global trade has taken a hit over the last couple of years, but a straightforward decline is not on the cards yet. Iran …
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Global markets navigated a complex mix of geopolitical tension, commodity swings, and technology-driven momentum on Friday, as the United States and Iran prepared for critical talks aimed at stabilizing a …
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US leveraged loan funds are witnessing significant investor withdrawals this year. Reflecting growing caution around credit risk and broader concerns tied to redemption pressures and limited transparency in private credit …
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Europe’s airport industry has raised concerns over a looming jet fuel shortage that could materialise within the next three weeks, potentially disrupting summer travel. ACI Europe, which represents airports across …