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Deena Zaidi

Data and Financial Journalist

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All posts by Deena Zaidi

“Oil glut” looms amid rising non-OPEC production and China’s slowing demand

Posted on October 29, 2024October 29, 2024Author Deena ZaidiPosted in China, World Economy, World economy

Global commodity prices are set to tumble to a five-year low in 2025 amid an oil glut—so large that it is likely to limit the price effects even of a wider conflict in the Middle East

Here’s why gold prices hit record high (again)

Posted on October 24, 2024October 30, 2024Author Deena ZaidiPosted in Banking and Finance, Banking News, Gold/ gold ETF, World economy, World Economy

Central bank purchases have been key in driving up gold, often considered a haven in times of uncertainty and turmoil. Global uncertainties and the Federal Reserve slashing interest rates this year giving bullion a lift.

UPDATED: Federal Reserve’s first interest rate cut since 2020

Posted on September 17, 2024October 30, 2024Author Deena ZaidiPosted in Banking and Finance, Banking News, Politics & Policy, United States of America, World Economy

The Federal Reserve lowered interest rates for the first time since 2020.

Inflation trends under each U.S. president since 1953

Posted on September 16, 2024November 5, 2024Author Deena ZaidiPosted in Banking and Finance, Politics & Policy, United States of America, World Economy

Inflation drivers are often complex and it’s essential to understand that new presidents often inherit economies, shaped by their predecessors.

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