International Economy
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Calm in Oil Prices Amidst Anticipation of Trump's Deadline on Ukraine
SadaNews Economy - The pace of rising oil prices quieted in Asian trading on Wednesday after a more than 3% increase in the previous session, as investors awaited developments regarding the strict deadline set by U.S. President Donald Trump for Russia to end the war in Ukraine.
The most actively tr...
Eurozone Economic Growth Slows to 0.1% in the Second Quarter
SadaNews - The growth of the Eurozone economy slowed in the second quarter of this year, both on an annual and quarterly basis.
According to data released today, Wednesday, July 30, by Eurostat, the Gross Domestic Product (GDP) of the Eurozone grew by about 0.1% in the second quarter on a quarterly...
Gold Rises with Dollar Decline and Bond Yields
SadaNews Economy - Gold prices rose in early trading on Wednesday, supported by a decline in U.S. Treasury yields and a slight drop in the dollar, while investors are awaiting the Federal Reserve's statement later today for clues on future monetary policy directions.
Gold prices in the spot market...
Dollar Fluctuates Near One-Month High Ahead of Federal Reserve Decision.. Earthquake Boost...
SadaNews – The US dollar fluctuated on Wednesday near its highest level in a month, as markets await the Federal Reserve's decision on monetary policy, while the euro heads toward ending a six-month streak of gains, amidst investors’ assessment of the costs of a new trade agreement between the Unite...
Oil Maintains Gains Amid Expectations of a Ceasefire Between Russia and Ukraine
SadaNews - Oil maintained its gains after President Donald Trump urged Russia to quickly reach a ceasefire with Ukraine or face potential economic sanctions, raising concerns about a disruption in crude supplies from one of the "OPEC+" producers.
Brent crude stabilized near $70 a barrel after closi...
Implications of the Trade Agreement Between America and the European Union: Who Will Win a...
SadaNews Economy - In an announcement described as historic, U.S. President Donald Trump and European Commission President Ursula von der Leyen announced yesterday, Sunday, that they had reached what they considered "the largest trade deal of all time" during a meeting held at Trump's golf course in...
Jordan's Central Bank Governor Anticipates Growth Exceeding 4% in the Medium Term Thanks t...
SadaNews - The Governor of the Central Bank of Jordan, Dr. Adel Sharkas, has confirmed that the national economy continues to grow steadily, despite geopolitical challenges and the complex regional conditions, based on a comprehensive reform vision for economic modernization that has reshaped the ph...
Trump: We have reached the largest trade agreement ever with the European Union
SadaNews - U.S. President, Donald Trump, announced today, Sunday, that a new agreement has been reached with the European Union imposing a 15% U.S. tariff, describing it as "the largest agreement ever."
Trump made this statement following a meeting with the President of the European Commission...
Amid Conflicting Political and Economic Conditions, the Fed Decides on Interest Rates
SadaNews - Federal Reserve Chairman Jerome Powell and his colleagues are stepping into the central bank's boardroom on Tuesday to consider interest rates amid immense political pressures, developments in trade policy, and conflicting economic trends.
In a rare event, policymakers will meet in the s...