Online Trading News Page 21

The U.S. dollar weakened on Monday as investors anticipated the Fed would end interest rate hikes and possibly lower rates.

The Lords Economic Affairs Committee has criticized the Bank of England for its lack of intellectual diversity and errors in its response to inflation.

The Australian government is set to introduce legislation overhauling the nation's central bank.

Nigeria aims to join BRICS, G20 for greater international recognition and participation.

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Turkey's central bank raised the benchmark one-week repo rate to 40%, far exceeding economists' predictions of 37.5%.

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Pakistan has applied to join the BRICS economic bloc, seeking support from Russia and other members, aiming to join in 2024.

U.S. stocks rally, with the Dow Jones Industrial Average rising by 184.74 points, and the S&P 500 up by 18.43 points, on signs of economic resilience.

China and Saudi Arabia enter three-year currency swap agreement to promote use of yuan and riyal in international transactions.

Fed minutes indicate officials remain hesitant to reduce interest rates due to sustained inflation surpassing their target.

The U.S. dollar index is falling to its lowest point since September 1 as investors anticipate the Federal Reserve to end its rate hikes cycle.

Following the election of far-right economist Javier Milei as president, Argentina is considering replacing the peso with the U.S. dollar.

Bundestag member Joana Cotar is a staunch opponent of the digital euro, advocating for Bitcoin adoption as legal tender in Germany.

Japanese stocks jumped to the highest levels since 1990 on Monday, before retreating; Nikkei 225 reaches 33-year high.

Monetary Authority of Singapore to roll out digital currency for wholesale transactions in 2021, with a pilot launch in 2024.

The Labor Department reports an increase in jobless claims, indicating a potential rate cut from the Federal Reserve.

The People's Bank of China is maintaining the interest rate for maturing medium-term loans while increasing its liquidity injection into the financial system.

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