federal reserve

Business: The Week Ahead

It is all about inflation and oil BY Nour Eldeen Al Hammoury Global markets are still witnessing a period of fluctuation that is likely to continue ahead of key events and economic releases throughout the week of April 10 to 17. This fluctuation is supported by the dovish tone echoed by some central banks, including

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Fed Is Data Dependent Now

As Dollar Index remains within the same tight margin, it’s best to sit and watch BY Nouraldin Al Hammoury The U.S. Federal Reserve raised the Fed Fund Rate, (interest rate), by a quarter of a percentage point for the first time in nearly a decade this month. This ended a long debate regarding the economy’s

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The Fed is Unlikely To Cut Rates

Crude prices may fall further BY Nouraldin Al Hammoury The ISM Manufacturing Purchasing Managers Index (PMI) shocked the markets recently with a recessionary signal, as it dropped below the 50 key mark for the first time since 2012. This constitutes the largest decline and worst reading since 2009 when the PMI dropped to a 48.6

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