بنكي | GLOBAL

Gold Holds in Tight Range Ahead of Powell’s Jackson Hole Speech

Gold prices moved within a narrow range on Thursday as investors awaited clearer signals on the U.S. Federal Reserves policy outlook ahead of the Jackson Hole Symposium in Wyoming, running August 21 to 23.

Standard & Poor’s Affirms U.S. Credit Rating at AA+ with Stable Outlook

China Keeps Interest Rates Steady to Support Economic Activity

The Peoples Bank of China PBoC decided to keep its key lending rates unchanged in its latest move to maintain financial stability and support growth. The one-year Loan Prime Rate LPR was held at 3%, while the five-year LPR, a benchmark widely used for mortgage lending, remained at 3.5%.

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