Bank of England Surprises with Interest Rate Increase to 5%
Date: June 24, 2023 Place: New Delhi, India In a surprise move, the Bank of England (BoE) raised its main…
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Dollar Dips, Powell’s Testimony Unsurprising; Sterling Maintains Steadiness
Date: June 22, 2023 Place- New Delhi, India On Thursday, the dollar wallowed near its one-month nadir against an array…
HSBC Temporarily Withdraws UK Mortgage Deals Amid Rising Interest Rate Concerns
HSBC, the largest bank in the United Kingdom, recently announced the temporary withdrawal of mortgage deals offered through broker services….
India’s Economic Growth Outlook: Manufacturing and Exports Surge, Fueling Growth Prospects
In recent years, India has witnessed a remarkable transformation in its economic landscape. With a series of policy reforms and…
US Dollar Rally and Rising Yields Dent Gold Price as Debt Ceiling Concerns Ease
Date- May 30, 2023 The gold price has experienced a significant decline, reaching a two-month low at the beginning of…
Equities Surge on US Debt Deal Hopes: In-Depth Analysis by CurrencyVeda
Date- May 27, 2023 Wall Street and European stocks experienced gains on Friday as the White House and congressional Republicans…
Wheat prices heat up, fuelling inflation fears
Due to unseasonal rainfall in important wheat-producing areas, wheat prices have started to rise once more despite the government undertaking…
When is the UK inflation data and how could it affect GBP/USD?
Overview of the UK CPIsThe Consumer Price Index (CPI) for the UK’s February month is scheduled to be released early…
Indian economy to grow at 7%; inflation set to moderate: Finance Ministry
In New Delhi: Notwithstanding global challenges, the Indian economy is predicted to expand by 7% in FY23, and retail inflation…
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