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According to World Bank estimates, remittances to low- and middle-income countries reached $685 billion in 2024, up from $647 billion in 2023. With remittances...
It seems as though China’s imports of sanctioned oil are rebounding amid trade tensions with the US. Immediately after Shandong’s shipping ban and the...
Oil is headed for its biggest weekly gains since the middle of January as supply disruptions and rising demand supported sentiments. A weaker US...
Germany’s economic outlook showed signs of improvement in October, breaking a four-month decline, according to the ifo Business Climate Index. The Index climbed to...
Gold prices fell on Friday as a stronger dollar and rise in Treasury yields weighed on investors’ sentiment. Though gold traded in the red...
In October, Brazilian consumer confidence suffered a small but significant shift in attitude, as seen by the seasonally adjusted FGV-IBRE Consumer Confidence Index falling...
US benchmark equity averages rose on Friday as the market ended a three-day losing streak. At the time of writing, the Dow Jones Industrial...
During a recent summit, Brazilian President Luiz Inacio Lula da Silva highlighted the necessity of creating new payment systems for the BRICS nations. He...
In a significant move, the Bank of Canada cut its benchmark interest rate by 50 basis points, lowering it to 3.75% in its October...
Gold prices extended their gains and hovered near record high levels on increased safe-haven demand for the precious metal. Gold’s rally is increasingly gaining...
US benchmark equity markets fell on Wednesday as Treasury yields continued to rise amid a shallow outlook for the Federal Reserve’s rate-cut cycle. At...
Bitcoin’s designation as a “Trump trade” is beginning to feel the pressure from broader global market shifts, spurred by the possibility of Donald Trump’s...
S&P 500 opened in the green this morning after the International Monetary Fund (IMF) declared victory against inflation that has been at the forefront...