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News
Gold rises as traders await US inflation data and Fed rate outlook
1+ hour, 29+ min ago (106+ words) AzerNews Gold rises as traders await US inflation data and Fed rate outlook Access to paid information is limited Find the plan that suits you best. Full digital access to all news for 1 month Full digital access to all news…...
Fed rate hike risks put Azerbaijan in focus as currency reserves hit record
20+ hour, 11+ min ago (470+ words) The US Department of Labor's announcement of the number of non-farm payrolls in the country on September 4 was eagerly awaited around the world, including Azerbaijan. In detail, central banks around the world were expected to lower interest rates in 2025. Several…...
Trump calls inflation fears 'false reality"
4+ day, 15+ hour ago (237+ words) United States President Donald Trump stated on Friday that the August nonfarm payrolls report, which came in stronger than expected, should have lifted the stock market but instead weighed on the market as investors remain focused on inflation risks, which…...
US inflation, Fed and dollar: what it means for Azerbaijan
1+ week, 4+ day ago (673+ words) The latest U.S. inflation data may look like a domestic economic story, but its consequences extend far beyond American borders. For emerging markets, including Azerbaijan, the real significance of July’s inflation figures lies not in the numbers themselves, but in what…...
Gold prices keep climbing as Middle East tensions persist
1+ week, 6+ day ago (100+ words) AzerNews Gold prices keep climbing as Middle East tensions persist Access to paid information is limited Find the plan that suits you best. Full digital access to all news for 1 month Full digital access to all news for 3 months Full…...
US Treasury bond buybacks raise concerns as national debt surpasses $40 trillion
2+ week, 16+ hour ago (483+ words) US Treasury Secretary Scott Bessent tapping the $1 trillion Treasury General Account, as just announced, to fund bond buybacks is a major red flag for investors, warns the CEO of one of the world’s largest independent financial advisory organisations. Nigel Green…...
Gold, silver slip as US-Iran truce uncertainty keeps markets on edge
2+ week, 1+ day ago (104+ words) AzerNews Gold, silver slip as US-Iran truce uncertainty keeps markets on edge Access to paid information is limited Find the plan that suits you best. Full digital access to all news for 1 month Full digital access to all news for…...
Hyundai workers strike in South Korea
2+ week, 4+ day ago (284+ words) In South Korea, the trade union representing workers at Hyundai Motor Co. began a strike on Friday after failing to reach an agreement with management over wage increases. Production lines at Hyundai’s plants in Ulsan, Jeonju, and Asan were scheduled…...
Turkiye to unveil new economic program
2+ week, 4+ day ago (272+ words) The Turkish government plans to present its new Medium-Term Economic Program for 2027–2029 to the public in Ankara in early September 2026. The program is being prepared with consideration for global and domestic economic trends, as well as developments in the region....
Hormuz crisis puts Azerbaijan’s oil sector in spotlight
2+ week, 4+ day ago (349+ words) The closure of the Strait of Hormuz has done more than interrupt tanker traffic. It has exposed a fundamental weakness in the global energy system. During the first half of last year, an average of 20.9 million barrels of oil and…...