#inflation

Ether

Ether recovery helps crypto revisit $1tn market cap level

It appears to have found support around its 200-week moving average, which currently sits near $1,200

electric car

Inflation turns EVs into luxury items, threatening broader electric shift

An electric car now costs $61,000 on average

Oil

Oil set for weekly loss as traders weigh monetary tightening

Oil is still up more than 50 per cent this year after rebounding demand combined with upended trade flows

Oil

Oil holds near $121 as investors weigh tightening markets

Crude has rallied about 60 per cent this year as an economic rebound coincided with upended trade flows

Bitcoin

Bitcoin drops to one-month low as US CPI report hurts sentiment

The world’s largest digital token tumbled as much as 6.4 per cent to $25,593, its lowest level since May 12

Inflation doesn’t stop UAE’s biggest business upswing this year

The rate of job creation in UAE was the quickest in seven months despite the inflation

Bitcoin

Bitcoin recovers to $30,000 area after shedding weekend weakness

Bitcoin has struggled in recent weeks as the Federal Reserve hikes interest rates and inflation remains high

Why tomorrow’s central bankers need to think like MBA students

The next generation of central bankers is taking a page from the business school play book

Crypto

Crypto is feeling the market heat. Here’s what you should do

The turmoil is a good time for investors to rebalance their portfolios

UAE Central Bank

UAE Central Bank raises base rate by 50 basis points

The base rate suggests the general stance of the Central Bank’s monetary policy

Bitcoin

Bitcoin tests $39,000 in push toward high end of trading range

Crypto assets have all been weighed down as the Federal Reserve and other global central banks raise interest rates

Gold advances as traders weigh Fed rate hike, growth risks

Investors continue to seek a store of value amid the uncertainty

Gold holds decline as bond yields surge before Fed meeting

Bullion has eased after rallying to within $5 of a record last week

World economy can avoid 1970s rerun, but not without some hurt

In both the 1970s and today, the shocks hit economies that already had inflation problems

Food inflation risks balloon as prices of wheat to palm oil soar

Palm oil, which is used in thousands of products from cookies to shampoo, is on a record breaking run

Investment guide: Stocks and instruments to look at during periods of high inflation

Investors should avoid growth stocks or companies with a high valuation

Bitcoin’s recovery rally stalls as traders turn focus to $45,000

Analysts have noted that cryptocurrencies have lately been moving in tandem with other riskier assets

Gold steady as investors weigh policy outlook, Omicron risks

Gold is holding above $1,800 an ounce after dropping for the first time in three years in 2021

Bitcoin climbs after inflation jump revives hedging argument

The largest cryptocurrency by market value rose as much as 3.1 per cent to $44,001 on Wednesday

Four charts show why silver’s surge is set to fade

Silver’s other role as a key commodity in solar panels and electronics is likely to buoy prices over the longer term

Gold steadies as traders weigh elevated inflation, growth risks

Spot gold steadied at $1,755.18 an ounce at 9.40am in Singapore, after retreating 0.2 per cent on Monday

Gold near 7-week low as yields climb, inflation worries persist

Gold is heading for its biggest monthly loss since June as more central banks start signaling a pullback in stimulus measures

Lebanese brace for higher fuel prices as government cuts subsidy

The fuel crisis has exacerbated power blackouts and resulted in miles-long lines at gasoline stations

Global credit: Hedging bets on the recovery

Security selection will be particularly important within high yield

Saudi VAT increase: What are the long-term implications?

The kingdom hiked its value added tax (VAT) from 5 per cent to 15 per cent in July

UAE consumer prices dip 2.36% year-on-year

Between May and June 2020, the UAE’s CPI logged an increase of 0.33 per cent

Lebanon inflation soars past 100% in latest sign of meltdown

Inflation in July reached 11.42 per cent from the previous month

Saudi Arabia’s inflation rate surged to 6.1% in July on VAT hike

Saudi Arabia increased its value-added tax from 5 per cent to 15 per cent on July 1

UAE salaries to rise 4.6% in 2017, down from 4.9% in 2016

New report says employees in Saudi, Qatar and Kuwait can expect higher wage hikes next year