بنكي | GLOBAL

UK Inflation Rises to 3.8% in July, Surpassing Forecasts and Keeping Pressure on Bank of England

Britains consumer price inflation accelerated to 3.8% in July, up 3.6% in June, according to official figures released on Wednesday. The reading came in slightly above economists expectations of 3.7% in a Reuters poll and matched the Bank of Englands own forecast.

Net Foreign Assets at the Central Bank Rise to $10.5 Billion by End of July 2025

Data released by the Central Bank of Egypt revealed an increase in its net foreign assets, which reached 10.491 billion equivalent to EGP 511.211 billion by the end of July 2025, compared to 10.1 billion equivalent to EGP 499.628 billion by the end of June.

Gold Hits Three-Week Low as Dollar Strengthens Ahead of Powell’s Jackson Hole Speech

JPMorgan Unveils New Manhattan Headquarters Tower in $3 Billion Investment

Gold Steadies Ahead of Jackson Hole as Markets Eye Fed Policy and Ukraine Developments

Dollar Holds Steady as Markets Focus on Ukraine Summit and Fed Signals

Gold Rises on Lower Treasury Yields Amid Political Talks and Fed Meeting Anticipation

Gold prices posted a notable increase on Monday after falling earlier to their lowest level in two weeks, supported by a decline in U.S. Treasury yields and stronger demand for safe-haven assets amid political and economic uncertainty.

UK Economic Growth Slows in Q2 2025

The UK economy recorded a slowdown in growth during the second quarter of the year, weighed down by uncertainty surrounding tariffs and higher taxes.

Dollar Falls to Multi-Week Lows as Markets Await Fed Rate Cut Decision

Dollar Falls as Markets Anticipate September Rate Cut

The U.S. dollar weakened on Wednesday following inflation data that matched expectations, reinforcing investor bets that the Federal Reserve will lower interest rates next month. The decline came amid ongoing political tensions over President Donald Trumps efforts to expand his influence over key U.S. institutions, which further weighed on the currency.

Gold Declines as Investors Focus on U.S.-Russia Talks and Inflation Data

Bank of England Cuts Interest Rate to 4% in Line with Expectations, Upgrades 2025 Growth Forecast