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Markets
Inflation report to offer clarity, not direction, for the Fed – Commerzbank
It seems that the US administration has at least recognized that inflation data for the third quarter is necessary to calculate social security benefits for the coming year. This…
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Japan’s Takaichi may raise defence spending target to 2% of GDP
Japan’s newly elected Prime Minister (PM) Sanae Takaichi to say in policy speech the government plans to bring forward its target to raise defence spending to 2% of GDP from…
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Here’s what key metrics tell us about East West Bancorp (EWBC) Q3 earnings
For the quarter ended September 2025, East West Bancorp (EWBC) reported revenue of $778.05 million, up 18.3% over the same period last year. EPS came in at $2.62, compared to $2.09…
Why is the US supporting Argentina’s currency?
As Javier Milei looks to contain a run on the peso ahead of critical midterm elections, Argentina’s libertarian president has turned to Washington for help. Donald Trump’s…
EUR/GBP rises to near 0.8700 following UK CPI data
EUR/GBP appreciates after three days of losses, trading around 0.8700 during the Asian hours on Wednesday. The currency cross receives support as the Pound Sterling (GBP) faces…
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Gold price in Saudi Arabia: Rates on October 22
Gold prices remained broadly unchanged in Saudi Arabia on Wednesday, according to data compiled by FXStreet.
The price for Gold stood at 497.36 Saudi Riyals (SAR) per gram,…
Japan’s Takaichi reportedly preparing economic package to tackle inflation
Japanese Prime Minister Sanae Takaichi ordered a new package of economic measures aimed at easing the burden of inflation on households and companies, Bloomberg reported on…