Japanese nominal wages keep pace above 3% in August; foreign reserves shrink to $1.18T
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RBI policy rate hike to immediately pinch retail customers
The RBI has raised the repo rate by 25 basis points to 5.50%, its first hike since February 2023, which could make floating-rate home, car and personal loans more expensive.
Market wrap: Oil rises and stocks fall as Hormuz worries flare, but rand stronger
Oil prices rose on Wednesday, and stocks fell amid fresh concerns about Middle East supplies following a warning that Iran appeared to be stepping up attacks in the Strait of Hormuz.
PSX: KSE-100 opens marginally higher, adds over 100 points
Buying was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index shedding over 100 points during the opening minutes of trading on Wednesday.
European Shares Likely To Open On Cautious Note Ahead Of Fed Minutes
(RTTNews) - European stocks are seen opening slightly lower on Wednesday as oil prices climbed and yields rebounded on fears Iran is stepping up attacks on tankers in the Strait of Hormuz.
GBP/USD Price Forecast: Downside pressure could intensify below 1.3180
The British Pound (GBP) trades 0.18% lower at around 1.3248 against the US Dollar (USD) during the early European trading session on Wednesday.