Krishna Guha, vice chair and head of central bank strategy at Evercore ISI, sees inflation, oil prices, and bond yields being of more importance to the Federal Reserve than US jobs data in determining whether to raise interest rates at this month’s meeting. (Source: Bloomberg)
The Central Bank is being urged to clarify whether responsibility for the approval of Israeli state bonds has reverted to Ireland after Luxembourg relinquished the role.
Foreign exchange rates against the Saudi riyal remained steady on Tuesday, with the US dollar index rising globally and rates unchanged at the central bank.
An almost-vertical rally in gold-miner stocks in the past month is whetting the appetite of investors who have been whipsawed by messages from Washington policymakers.