LONDON, Sept 20 Reuters Sterling fell to its lowest since late May, while UK government bonds and stocks rallied on Wednesday as data showing inflation slowed more than expected in August raised the possibility that the Bank of England could pause rate hikes this week. British annual consumer price inflation fell to 6.7 last month. Economists polled […]

PREVIOUS TRADING DAY EVENTS 19 Sep 2023 The annual inflation rate for Canada increased to 4.0 from 3.3. We all experienced a significant rise in the price of Oil and gasoline and the increase obviously is attributed mainly to that. The central bank may consider raising interest rates yet again. The annual rate, the highest […]

Saudi banks trimmed their margin outlooks on higher-than-expected cost of funding caused by interbank rates over 600 bps and more costly funding mixes.

Global sustainable bond sales saw the second-busiest August ever, setting the stage for annual volume to approach the record levels seen in 2021.

Saudi Arabia plans to raise $11 billion from a syndicated loan — in what would be the biggest financing deal in Europe, the Middle East and Africa this year — as the kingdom seeks to finance its ambitious investment plans.