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Goldman Sachs and Morgan Stanley reduced their 2025 Brent crude price forecasts, expecting it to average less than USD 80/barrel due to increasing global supplies
August 29, 2024
Goldman Sachs and Morgan Stanley reduced their 2025 Brent crude price forecasts, expecting it to average less than USD 80/barrel due to increasing global supplies
Bangladesh’s Central Bank increased its key interest rate by 50 bps to 9% and the standing lending facility rate by the same margin to 10.50%
Thailand’s trade deficit narrowed to USD 1.37 bln in July from USD 1.98 bln a year earlier, the first trade gap in three months, driven
Thailand’s Pheu Thai Party decided to exclude the pro-military Palang Pracharath party from its coalition, which may delay PM Shinawatra’s efforts to form a cabinet.
Azerbaijan’s USD sales at the central bank’s FX auction decreased slightly to USD 75.8 mln from USD 76.2 mln in the previous session. Azerbaijan sold
Bosnia and Herzegovina’s annual inflation rate increased slightly to 1.8% in July 2024, up from 1.6% the previous month, mainly due to rising food prices.
Kazakhstan’s government forecasted a national budget deficit of 2.7% of GDP for 2025, with plans to reduce this to 2.2% in 2026 and 1.9% in
Kyrgyzstan’s central bank held its benchmark interest rate at 9%, maintaining the rate for the fourth consecutive time. The decision aims to manage inflation, expected
Turkey’s President Erdogan will host Egypt’s President El-Sisi next week to strengthen ties and discuss regional issues, including the Gaza conflict. This visit marks a
Ethiopia will begin exporting electricity to Tanzania in September, in line with efforts to enhance regional energy connections, with plans to extend the power grid
Ghana imposed a ban on exporting certain grains to prevent a food shortage due to severe drought affecting about 62% of its grain production. This
The Bolivian labor union federation (COB) urged the government to nationalize petrol stations to ensure state oversight of strategic resources. Additionally, the COB advocated for
Guatemalan President Arevalo expressed concerns about the potential for a judicial coup, emphasizing the need for cautious governance to avoid empowering political elites who might