Economic data, commodities and markets  The Economist Read the full article…

For decades, the US dollar has ruled over global marketing narratives. The currency has had a long and extensive history of dominating global markets and perspectives. With the dollar holding the status of reserve currency, its prestige was unparalleled and paramount on a global scale.  But, with calls for de-dollarization expanding, the US dollar now […]

(Bloomberg) — Wall Street traders bracing for key inflation data waded through mixed economic figures and remarks from Federal Reserve speakers for clues on the interest-rate outlook. Most Read from Bloomberg Equities saw small losses after a report showed the US economy expanded at a slower rate at the end of last year as a […]

Source Image: Dilok Klaisataporn The BRICS alliance has emerged as a dynamic force with a vision that extends beyond mere cooperation. At its core lies the ambition to establish a global economic system where nations can freely trade using their own currencies, thus reducing reliance on foreign organisations and currencies. This approach is also encapsulated […]

DUBAI, United Arab Emirates (AP) — Iran is holding parliamentary elections this Friday, yet the real question may not be who gets elected but how many people actually turn out to vote. Widespread discontent over the cratering economy, years of mass protests rocking the country, and tensions with the West over Tehran’s nuclear program and […]

GRAND RAPIDS, Mich. (WOOD) — ArtPrize visitors spent more in 2023 than they did the year prior, a study found. More than 714,000 visitors came to ArtPrize in 2023, the Grand Valley State University economic impact study found. While that’s down from the 753,000 visitors that came for the event in 2022, the 18-day event […]

Traders await some key data releases, RBNZ decision amid quiet start to the week Yen broadly firmer after CPI beat, adds to dollar weakness as euro extends gains Equity rally loses some steam but surges Markets calm ahead of data flurry as dollar struggles The US dollar was headed for its seventh straight session of […]

NEW YORK — This year looks to be a much better one for the U.S. economy than business economists were forecasting just a few months ago, according to a survey released Monday. The economy looks set to grow 2.2 percent this year after adjusting for inflation, according to the National Association for Business Economics. That’s […]

WORLD ECONOMY — Chart. This AP digital embed chart shows economic growth for 2023 and predictions for 2024 for selected major advanced and developing nations. This chart is current as of Feb. 26, 2024, and will not update. Source: International Monetary Fund. Click for a preview. HT Image {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} To embed, insert […]

Analysts welcomed the Nigerian oil sector’s recovery, marked by a 12% growth in the last three months of the year. But the reduction of the overall economy in dollar terms from $471 billion to $356 billion in 2023 is “bad news” for President Bola Tinubu’s ambitions of a trillion-dollar economy, said Wilson Erumebor, an economist […]