ECONOMY & MARKETS

Model of Oil barrels are seen in front of rising stock graph in this illustration, July 24, 2022.

Oil Rises For A Second Day On Supply Concerns

Oil prices rose on Tuesday for a second day on growing concerns about tightening European supply after Russia, a key energy supplier to the region, cut gas supply through a major pipeline.
U.S. dollar, euro and Ukrainian hryvnia banknotes are seen in this picture illustration taken in Kiev, Ukraine, October 31, 2016.

Gas Woes Drag Euro Lower, Dollar Gains On Recession Worry

The dollar rose against a basket of major currencies on Tuesday, reversing course after three straight sessions of declines as recession fears grew and investors awaited a Federal Reserve policy statement, while energy supply concerns weighed on the euro.
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People change money at a currency exchange office in Istanbul, Turkey May 17, 2022.

Turkish Lira On Slow Slide In Search Of FX Relief

The Turkish lira slipped again on Monday, sustaining a slow slide towards 18 against the dollar as concerns mounted about the government's foreign exchange policy in the face of surging inflation and fears of global recession.
A man wearing a protective mask walks past the Church of St. Louis of the French (San Luigi dei Francesi) in Rome on March 1, 2020

Bank Of Japan Board Reshuffle Brings In Less Dovish Member

The Bank of Japan has reshuffled its board and brought in a new member seen as more keen to end ultra-low interest rates than his dovish predecessor, potentially tilting the board away from Governor Haruhiko Kuroda's aggressive monetary easing policy.
A man wearing a protective mask walks past the Church of St. Louis of the French (San Luigi dei Francesi) in Rome on March 1, 2020

Bank Of Japan Board Reshuffle Brings In Less Dovish Members

The Bank of Japan's two new policymakers said on Monday the central bank needs an exit strategy from its massive stimulus, a sign the board's balance could tilt in favour of a withdrawal of Governor Haruhiko Kuroda's radical monetary easing.
A vehicle drives past a screen displaying the Hang Seng stock index at Central district, in Hong Kong, China July 19, 2022.

Stocks Weaken As Growth Slowdown Fears Cloud Start Of Week

Stocks headed lower on Monday with investors in a cautious mood ahead of the Federal Reserve's two-day policy meeting and what could be the latest central bank signal of an even faster pace of tightening just as signs of a global slowdown mount.

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