High inflation in Turkey warns of more losses for Gulf banks

A general view of Emirates NBD on January 3, 2017 in Dubai, United Arab Emirates. Tom Dolat | Getty Images Dubai, United Arab Emirates – Banks dealing with Turkey have faced losses since the country’s currency began to decline sharply in 2018; Now, lenders in many of the oil-rich Gulf states in particular are set … Read more

Expect the jobs report to get hot and could lead to an aggressive Fed

An “We’re Hiring” sign is placed at the Target store on August 5, 2022 in San Rafael, California. Justin Sullivan | Getty Images Job growth in August may have slowed from July’s frenetic pace, but it is still expected to be very strong, with broad-based employment in many sectors. Monthly jobs data is always important, … Read more