On Thursday, SaadeChami, the caretaker deputy PM of Lebanon, said that the losses that have occurred because of the financial collapse of the country should be absorbed by the banks via their capital. The deputy Prime Minister asserted that the…
Before the Russia-Ukraine conflict began, Indian Potash Ltd (IPL) had set up a deal with Russia’s Sberbankthat would allow the company to use rupees to pay for Belarusian potash instead of dollars. However, people familiar with the matter said that…
On Wednesday, the Reserve Bank of India (RBI) is scheduled to hike up the interest rates in the country and they are expected to come with measures that will also tighten liquidity. This is going to increase the pressure on…
BOJ still views inflation as transitory. The yen plummeted to around 131 against the U.S dollar. A reversal setup might be impending. Swift declines of the Japanese yen (over the past few years) triggered some of the move lucrative actions…
Sterling sees bullishness following United Kingdom employment data. The EUR/GBP pair tests crucial support. The central banks exhibit divergent policies. EUR/GBP responded to the United Kingdom data that exceeds expectations. Early on Tuesday, the Unemployment Rated and Claimant Count changed…
Alonzo Powell
Earl Coleman