الاقتصادية
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Asian Stocks Fall as Technology Giants and Semiconductor Industry Decline
Source: الاقتصادية
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The British Pound is heading toward its third consecutive weekly gain, supported by expectations that the new UK government will adopt more disciplined fiscal policies. Although it fell by 0.2% to $1.345, it remains up by 0.4% over the week, boosted by a stable political environment and forecasts of appointing a Chancellor who will follow a cautious approach. This has led to higher UK bond prices and a decrease in bets on a rate hike by the Bank of England. Additionally, the Pound stabilized against the Euro after a slight dip, while analyses suggest that the currency may be overvalued. There are also prospects for bond yields to decline if investors pull back from expectations of an interest rate increase.
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