Egypt reserves cross $55 billion for first time in June
Egypt’s net international reserves reached a provisional $55.0723 billion at the end of June 2026. The total exceeded $55 billion for the first time and...
Tag : economic indicators
Japan core machinery orders rebound 8.7% in April
Japan core machinery orders rose 8.7% in April from the previous month, government data showed, marking a strong rebound in a key measure of private-sector...
Egypt GDP rises 5.2% as foreign reserves climb
Egypt’s economy grew 5.2% in the first nine months of fiscal year 2025/2026, covering July 2025 through March 2026. The Ministry of Planning, Economic Development and International...
Japan current account surplus hits $24.8 billion in February
TOKYO: Japan posted a current account surplus of 3.93 trillion yen, or about $24.8 billion, in February, as strong returns on overseas investments helped offset softer trade-related...
Crypto liquidations top $483 million as markets react to Fed outlook
Global cryptocurrency markets and technology stocks experienced sharp declines on January 7, 2025, as stronger-than-expected economic data dampened investor expectations for near-term interest rate cuts...
Treasury yields rise as markets await Fed minutes and jobs data
U.S. Treasury yields edged higher early Wednesday as investors awaited key labor market data and the release of minutes from the Federal Reserve’s December meeting....
Global air cargo demand rises 9.4% in September 2024 says IATA
MENA Newswire News Desk: The International Air Transport Association (IATA) reported a significant 9.4% growth in global air cargo demand for September 2024 compared to...
Bitcoin surpasses $60,000 as market recovers from sell-off
Cryptocurrency markets have once again shown resilience as Bitcoin crossed the $60,000 threshold, highlighting a significant recovery from the sharp declines earlier this week. The...
Bitcoin price soars to $64K amid weak US job data
Bitcoin's resurgence has been notably marked by a nearly 8% surge on Friday, buoyed by softer-than-expected U.S. job data and dovish indications from the Federal...
Economist forecasts consumer spending dip amid economic shifts
The resilience of consumer spending in 2023, in the face of persistent inflation and heightened interest rates, has been a notable economic phenomenon. However, Jack...