Ruble Is Looking At A Downtrend With Ukraine Escalations Causing Great Fears

The Russian rouble seems to have taken a huge hit in the recent trading session. In the latest trading session, the rouble’s value ended up…

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Japan Wants To Support Value Of Yen Spending Almost $20 Billion

The Japanese Government has recently taken a step in order to help boost the value of the yen. The government passed an order where it…

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Bank Of England (BoE) Expected To Go Big On Rate Hike In November

Even though the British pound has recorded massive declines, the Bank of England (BoE) is not expected to boost interest rates before its scheduled announcement…

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UK Economy Still Below Pre-Pandemic Levels

On Friday, data published showed that the UK economy was still below its peak before the pandemic had hit, which left the country away from…

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ECB Considering Jumbo Rate Hike For Battling Inflation

On Thursday, policymakers of the European Central Bank (ECB) added more support for a big interest rate hike, as data showed that inflation in the…

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BIS Backs Rate Hike Despite Risk Of Recession

The Bank for International Settlements (BIS) is recognized as the umbrella body for the world’s central bank. The body recently urged all major economies to…

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Markets Churn And Investors Hiding In Cash Despite Inflation

2022 has proven to be a tough year for the financial markets and this has prompted some investors to hide in cash. This is because…

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Russian Central Bank Reduces Key Rate To 7.5%

On Friday, the Bank of Russia announced that it was trimming its key lending rate to 7.5%, which would make it a reduction of 50…

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Federal Reserve Set For Another Rate Hike Of 75 bps

According to economists, the US Federal Reserve will announce another rate hike of 75 basis points in its policy meeting next week. Furthermore, it is…

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BoE’s Bailey Talks About Rate Hikes And Soaring Inflation

On Wednesday, the Governor of the Bank of England, Andrew Bailey, and other top policymakers had a meeting with lawmakers about their decision to hike…

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