
Pakistan Central Bank Expected to Cut Interest Rate as Inflation Eases
Jul 29, 2025 02:45 am UTC| Economy Central Banks
Pakistans central bank is widely expected to reduce its key policy rate by 50 basis points to 10.5% on Wednesday, according to a Reuters poll, as slowing inflation and stronger external reserves create room for further...

Euro Struggles as U.S.-EU Trade Deal Sparks Economic Concerns
Jul 29, 2025 02:28 am UTC| Economy
The euro remained under pressure on Tuesday following steep losses triggered by a new U.S.-EU trade agreement widely viewed as favoring Washington. France labeled the deal a dark day for Europe, criticizing its 15% tariff...

South Korea Seeks Trade Deal with U.S. to Avert Tariffs Before August Deadline
Jul 29, 2025 02:21 am UTC| Politics Economy
South Korean Finance Minister Koo Yun-cheol announced on Tuesday that he will push for a mutually beneficial trade agreement with the United States as the August 1 deadline to avoid U.S. tariffs approaches. Koo is set to...

U.S. Stock Futures Steady as Markets Await Fed Meeting and Key Earnings
Jul 29, 2025 01:45 am UTC| Economy
U.S. stock futures traded flat Monday evening following record closes for the SP 500 and Nasdaq, as enthusiasm over the recent U.S.EU trade agreement began to ease. Futures for the SP 500 rose 0.1% to 6,426.50 points,...

Dollar Rebounds as Trade Risks Ease, But Fed Policy Clouds Outlook
Jul 29, 2025 01:42 am UTC| Economy
The U.S. dollar surged Monday after months of weakness driven by trade-war fears, yet analysts warn the rally may be short-lived. Standard Chartered notes that most trade-related optimism is already priced in, leaving...

Oil Prices Rise on U.S.-EU Trade Deal Hopes and Russia Deadline Pressure
Jul 29, 2025 01:41 am UTC| Economy
Oil prices continued their upward momentum on Tuesday, supported by optimism over global trade developments and heightened geopolitical tensions. Brent crude futures climbed 0.34% to $70.28 per barrel, while U.S. West...

U.S. Weighs Myanmar Rare Earth Strategy Amid Rivalry With China
Jul 29, 2025 01:23 am UTC| Politics Economy
The Trump administration is exploring proposals to secure Myanmars rare earth minerals, aiming to reduce U.S. dependence on China, which controls nearly 90% of global rare earth processing. Discussions remain preliminary...