News
Gold Price Forecast: Oil and Higher Yields Delay the Next Major Rally
1+ hour, 15+ min ago (104+ words) FXEmpire Gold (XAU) prices ended the week near $4,120 after rebounding from the key $4,000 support area as higher oil prices, inflation concerns and rising Treasury yields limited the recovery In my view, gold may remain under pressure in the range of…...
T-bills auction: Government exceeds target by 77%; but to pay more for one-year bill at maturity
1+ hour, 9+ min ago (199+ words) The government recorded 77% oversubscription of the treasury bills auction, as the yield on the one-year bill hit 12.99%. According to the auction results by the Bank of Ghana, most of the investors bought the 364-day bill because of the attractive interest…...
Mohamed A. El-Erian: Traditional bond dynamics shift as inflation shocks hit economy
3+ hour, 8+ min ago (692+ words) Traders Union Mohamed A. El-Erian: Traditional bond dynamics shift as inflation shocks hit economy Mohamed A. El-Erian, president at Queens' College, University of Cambridge, highlights changes in the traditional investment paradigm for government bonds. In a recent observation referencing James Mackintosh's WSJ…...
Major UK building society issues mortgage warning for millions
3+ day, 9+ hour ago (397+ words) Yorkshire Building Society has issued a mortgage warning as the UK faces a so-called “lost generation of homeowners”. The mutual’s latest report, ‘No way home? Restoring Britain’s Housing Ladder’, found 88% of UK adults believe homeownership is important. While 76% of people…...
Balancing act: Why RBNZ’s rate rise may hurt before it helps
2+ hour, 38+ min ago (88+ words) Meanwhile Rich List lender offers unsecured creditors 15 to 17 cents in the dollar. A focus on security as India and NZ elevate their relationship during Modi's visit. From broker calls and Nokia phones to mobile trading and global markets, investor expectations…...
Frost Bank opens first Kerrville branch, leans on organic growth and old ties – The Kerr County Lead
3+ hour, 11+ min ago (604+ words) Frost Bank has opened its first branch in Kerrville, part of a statewide expansion strategy the bank says it has deliberately built without buying up competitors. Kevin Thompson, Frost’s Boerne market president and lead for Hill Country expansion, and Kyle…...
4 Your Money | Short Leash - AOL
8+ hour, 57+ min ago (43+ words) Government debt has become a prominent topic in economic and public policy discussions. John Nelson, Financial Planner at NelsonCorp Wealth Management, is here to highlight the unusually high percentage of government debt that is being financed through short-term, adjustable-rate borrowing…...
Santander set to send £150 direct into some customers' bank accounts
5+ min ago (296+ words) Santander will pay £150 straight into some customers' bank accounts. Santander, which has branches in Birmingham, has emailed customers with an update. It said: "You've got a lot on your plate - work, family, life. But some things are worth taking a…...
Fed Chair Warsh to emphasize price stability in first testimony
4+ hour, 32+ min ago (82+ words) Estefano Gomez is an editor at Crypto Briefing specializing in blockchain analysis, DeFi, and the intersection of crypto and digital art. He previously served as Editor in Chief at Interesante for over three years, where he covered blockchain technology, NFTs,…...
Banks repositioning ahead of uncertain BoG key interest rate decision
4+ hour, 46+ min ago (99+ words) With the days counting down to the next meeting of the Bank of Ghana’s (BoG) Monetary Policy Committee, scheduled for Monday July 20 to Wednesday July 22, banks are positioning themselves for three possible MPC outcomes as the situation has been made…...