Yen hesitates near the intervention zone. Will the BoJ react?
The dollar held the Japanese yen near a two-week low on rising expectations that the US Federal Reserve will keep interest rates higher for longer as the dollar and yields [...]
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SEPTEMBER 18, 2023
Qatar signs a 27-year gas agreement with British Shell
Qatar has agreed to supply British company Shell with natural gas for 27 years, the state-owned energy company of the Persian Gulf emirate announced this morning. Since Russia's invasion of Ukraine, European countries have been trying [...]
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SEPTEMBER 17, 2023
Huawei outsells Apple's new iPhones in China
Apple's iPhone 15 is selling poorly in China compared to its predecessor, reflecting stubbornly weak consumption and competition from Huawei. Sales of Apple's flagship device fell 4,5% compared to [...]
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SEPTEMBER 12, 2023
US wholesale inflation rose 2,2% in September - the largest YoY increase since April
U.S. wholesale prices rose last month at the fastest pace since April, suggesting inflationary pressures persist despite a year and a half of higher interest rates. The Department of Labor reported [...]