More and more central banks are storing gold bullion at home rather than overseas, as they expect to buy more of the safe-haven asset amid heightened geopolitical tensions. These are among the findings of the World Gold Council’s annual Central Bank Gold Reserves survey. It found that monetary authorities still see gold as a key…
Stay informed with free updates Simply sign up to the Oil myFT Digest — delivered directly to your inbox. Global oil reserves plunged at a record pace in April, as the conflict in the Middle East strains supplies and raises the risk of a further sharp jump in prices ahead of the summer travel season….
The Federal Reserve is preparing to hold interest rates steady on Wednesday for its third straight meeting this year — and likely the final one for Jerome H. Powell as chair. Since policymakers last gathered in March, the war in Iran has continued to drag on, compounding the potential economic damage. Inflation has already risen…
Shorouk Express Economy Materials 1 August 2025 22:09 (UTC +04:00) Azerbaijan’s currency reserves reached $77.7 billion as of July 1, 2025, exceeding the country’s foreign public debt by about 15.5 times. The external debt stood at $5.01 billion, or 6.5 percent of the projected GDP. Nearly 50 percent of this debt is due…
