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Category economic

Evening digest: Trump Iran deal hopes, Warsh pledges Fed independence

Evening digest: Trump Iran deal hopes, Warsh pledges Fed independence

On Tuesday, US President Donald Trump said he expects a “great deal” with Iran even as he resists extending a ceasefire, while Bitcoin traded lower...
Trump weighs UAE currency swap as war risks test Gulf economy

Trump weighs UAE currency swap as war risks test Gulf economy

US President Donald Trump said on Tuesday that Washington is considering financial support measures for the United Arab Emirates, including a poten...
UK unemployment rate dips to 4.9%, but energy shock threatens rebound

UK unemployment rate dips to 4.9%, but energy shock threatens rebound

Unemployment in the United Kingdom unexpectedly fell in the three months to February, offering a brief sign of resilience in the labour market. How...
Strait of Hormuz war creates risk for US dollar, FX markets

Strait of Hormuz war creates risk for US dollar, FX markets

The ongoing closure of the Strait of Hormuz, following seven turbulent weeks of war, has amplified global economic uncertainty, with a new analysis...
UK sentiment drops to 33-month low as household concerns rise

UK sentiment drops to 33-month low as household concerns rise

British consumer morale dropped sharply last month, hitting its lowest level since mid-2023, according to two surveys released on Monday. The decli...