USD/RUB: Ruble waits for Russian inflation data, CBR decision
The USD/RUB exchange rate has moved sideways in the past few days as investors refocus on key actions from the United States, falling crude oil prices, and the upcoming Russian…
Economy
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Nikkei index drops over three percent amid global market slump
Tokyo’s Nikkei 225 index experienced a sharp drop of 3.02 percent, or 1,098.77 points, to settle at 35,292.70 in early trading on Monday. This decline follows a recent wave of…
China’s CPI rises 0.6%, missing expectations as transportation and home goods prices drop
China’s consumer price index (CPI) increased by 0.6% year on year in August, falling short of the 0.7% growth anticipated by analysts. The slower-than-expected rise reflects a decline in prices…
Keir Starmer to visit White House amid differences on Gaza, arms exports
UK Prime Minister Sir Keir Starmer is set to meet US President Joe Biden at the White House next week, marking their second meeting since Starmer took office in July.…
US stocks suffer worst weekly drop in over a year as economic concerns grow
US stocks endured their most significant weekly decline since March 2023, driven by weaker-than-expected economic data and cautious statements from Federal Reserve officials. The benchmark S&P 500 dropped 1.7% on…
Europe’s millionaires are moving here and London isn’t in their top 5 choices
The trend of high-net-worth individuals (HNWIs) relocating to European cities is gaining momentum. According to Knight Frank’s latest European Lifestyle Report, 83% of millionaires who are contemplating moving abroad prefer…
How will a potential rate cut by US Fed impact Indian markets?
August’s latest US jobs report has strengthened the case for the Federal Reserve to consider lowering interest rates. While hiring showed signs of recovery, it fell short of economists’ expectations, adding only…
Venezuela opposition candidate Edmundo Gonzalez flees to Spain amid diplomatic tensions
Venezuela’s former presidential opposition candidate Edmundo Gonzalez has left the country for Spain following the contested July election, escalating diplomatic tensions between Venezuela and other nations. Gonzalez, 75, sought refuge…
Typhoon Yagi kills dozens in Vietnam, China, Philippines
Typhoon Yagi, Asia’s most powerful storm this year, was downgraded to a tropical depression on Sunday, after wreaking havoc in northern Vietnam, China’s Hainan and the Philippines, claiming dozens of…
Venezuelan opposition candidate Edmundo Gonzalez leaves the country for Spain
Venezuelan opposition leader Edmundo Gonzalez has left the country en route to Spain, according to his lawyer and Venezuela’s vice president, after an arrest warrant was issued last week accusing…