central banks
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Dubai gold shops take a hit as record bullion prices deter buyers
The ever-higher prices reached by gold are turning Dubai’s traditional bazaar into more of a window-shopping experience. Purchases are plummeting…
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Major central banks announce 1st interest rate decisions of 2024
Fed likely to start interest rate cuts in May meeting, whereas UK, Asian central banks leave rates unchanged Major central…
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Gold heads for first annual gain since 2020 as traders bet US Fed will dial back interest rates in 2024
This year’s price movement has mostly been dictated by changing views on the Fed’s next steps on interest rates Gold…
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Credit market tensions likely in coming years: BIS
The business credit market may witness tensions in the coming years, the Bank for International Settlements (IBS) has said, warning…
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Central Banks Continue to Stock Up on Gold Amid Economic Uncertainties
Central banks added a net total of 55 tons of gold in July, despite Turkiye’s previous sales. The People’s Bank…
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Moody’s revises up Turkish economic growth forecast to 4.2%, from 2.6%, for 2023
Growth estimate for 2024 also saw upward revision to 3% from 2% Moody’s revised Turkish economic growth forecast to 4.2%,…
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Turkiye: Central banks become net gold buyers in June, ending three-month selling streak
After three months of net selling, central banks once again became net buyers of gold in June as the central…
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Investors disappointed as shares of leading football clubs fall in stock markets
In July, Manchester United lost 9.1%, Borussia Dortmund 0.1%, Juventus 0.3%, Ajax 5.6%, Benfica 2.2% The shares of the world’s…
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