International Economy
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Expectations of Interest Rate Cuts by Central Banks in the U.S. and Canada
SadaNews - Market attention this week turns to Washington and Ottawa, where both central banks in the United States and Canada are expected to cut interest rates, while the other G7 countries remain on standby.
Expected Interest Rate Decisions
North America is likely to be the focus of monetary po...
Jordanian Exports to the European Union Register Notable Growth
SadaNews - Jordanian exports to the European Union countries recorded notable growth of 30.9% during the first eight months of 2025, reaching approximately 369 million dinars compared to 282 million dinars in the same period last year, according to data from the Department of Statistics.
Italy at t...
What Do the United States and China Want from the Meeting Between Trump and Xi?
SadaNews Economy - Three questions loom regarding US-China relations after the recent escalation in trade tensions. Will US President Donald Trump meet with his Chinese counterpart Xi Jinping this month as previously expected? If so, what will they discuss? And is there any chance of reaching an agr...
Gold Set for First Weekly Loss After Continuous Rise Since August
SadaNews Economy - Gold is on track to end a nine-week streak of gains, following a significant price correction in the market after reassessing the upward wave that drove the metal to a state of overbought conditions.
The price of gold reduced its losses today after the release of the inflation re...
Gold Wavers Ahead of U.S. Inflation Test
SadaNews Economy - Gold prices fell on Friday, heading towards its first weekly loss in ten weeks, as the dollar strengthened and investors prepared for the release of the key U.S. inflation report later today.
Spot gold declined by 0.9 percent to $4,086.46 an ounce at 06:33 GMT, with prices down b...
Oil Heads for Biggest Weekly Gains Since June After US Sanctions on Russia
SadaNews Economy - Oil is heading towards achieving its biggest weekly gains since June after US sanctions on major Russian companies shifted market balances, raising fears of supply disruptions and increasing demand for alternative crude supplies.
Brent crude fell on Friday to nearly $65 a barrel,...
U.S. Government Shutdown Enters Its 23rd Day and Approaches Historic Record
SadaNews Economy - October 23. The U.S. government shutdown has entered its twenty-third day, making it the second longest shutdown in the history of the United States, amid ongoing political deadlock between the White House and Congress.
If the shutdown continues until November 4, it will match th...
Oil Jumps 2.5% After U.S. Sanctions on Russian Companies
SadaNews Economy - Oil prices surged about 2.5% this Thursday, continuing the gains initiated in the previous session, amid renewed concerns about supplies after the United States imposed sanctions on two major Russian oil companies, "Rosneft" and "Lukoil," in the context of the conflict in Ukraine....
Gold Contracts Rise Amid Anticipation of U.S. Inflation Data
SadaNews Economy - Gold prices shifted towards an increase during today’s session on Thursday, following sharp losses on Wednesday, and amidst anticipation of the upcoming U.S. inflation data, with the price today reaching $4,114.37 per ounce.
The U.S. Consumer Price Index report, scheduled to be r...
China Injects Billions to Counter the Trade War Waged by Trump
SadaNews - After six months since U.S. President Donald Trump's launch of the trade war, the robustness of China’s exports confirms the vital importance of many of its products, despite U.S. tariffs that have reached 55%.
Daily, Chinese goods worth nearly one billion dollars are shipped to the Unit...
India and the U.S. Move Closer to a Trade Deal that Could Reduce Tariffs to 15%
SadaNews - India and the United States are nearing a trade agreement that could reduce the tariffs imposed on Indian exports to between 15% and 16% compared to about 50% currently, according to the "Mint" newspaper, citing three individuals familiar with the matter who were not named.
The newspaper...
Israel Reduces Gas Exports to Egypt Due to Maintenance Work in the Tamar Field
SadaNews - Israeli gas imports to Egypt have dropped to about a third starting today, Wednesday, and for a period of 12 days, due to maintenance work in the "Tamar" field in the deep waters of the Mediterranean, according to a government official.
Egypt began importing gas from Israel in 2020 with...