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Dollar at 24-year peak to yen as U.S. yields jump; sterling on the ropes

KEY POINTS The dollar rose to a fresh 24-year high against the yen on Wednesday, moving above levels that prompted intervention by Japanese officials last month, as traders braced for U.S. inflation data and its impact on further Federal Reserve rate hikes. The dollar strengthened 0.3% to 146.30 yen in Asian trading, after pushing as …

Dollar at 24-year peak to yen as U.S. yields jump; sterling on the ropes قراءة المزيد »

Oil prices extend decline on recession fears, China Covid curbs

KEY POINTS Oil prices fell for a third straight session on Wednesday as investors fretted about a hit to fuel demand from growing risks of a global recession and tightening Covid-19 curbs in China. Brent crude futures fell 51 cents, or 0.5%, to $93.78 a barrel by 0033 GMT. U.S. West Texas Intermediate crude was …

Oil prices extend decline on recession fears, China Covid curbs قراءة المزيد »

Dollar edges higher, yen slips towards level that prompted intervention

The U.S. dollar edged back towards September’s multi-year highs on Tuesday as worries about rising interest rates and geopolitical tensions unsettled investors, while the yen hovered near the level that prompted last month’s intervention. Strong U.S. labor market data and an expectation that Thursday’s inflation figures will remain stubbornly high have all but dashed bets …

Dollar edges higher, yen slips towards level that prompted intervention قراءة المزيد »

النفط

Oil prices slide as dollar strengthens, China Covid-19 woes dampen demand

      Oil prices fell on Tuesday, extending nearly 2% losses in the previous session, as a stronger U.S. dollar and a flare-up in Covid-19 cases in China increased fears of slowing global demand Brent crude futures fell 57 cents, or 0.6%, to $95.62 a barrel by 0031 GMT, after falling $1.73 in the previous …

Oil prices slide as dollar strengthens, China Covid-19 woes dampen demand قراءة المزيد »

Gold flat as firm dollar, U.S. rate-hike outlook dent appeal

    Gold prices were flat on Tuesday, pinned near a one-week low hit in the previous session, as a firmer dollar and the prospect of further oversized rate hikes by the U.S. Federal Reserve sapped the zero-yielding asset’s appeal Fundamentals Spot gold was flat at $1,668.29 per ounce, as of 0143 GMT. Prices fell …

Gold flat as firm dollar, U.S. rate-hike outlook dent appeal قراءة المزيد »

Afaq Group 21st Economic Forum Under the Patronage of the Prime Minister of Jordan entitled “International FinanceInvestment & FinTec

Under the Patronage of H.E. Dr. Bisher Al Khasawneh The Prime Minister of Jordan, Afaq Group 21st  Economic Forum, entitled ” International Finance Investment & FinTech “, kicks off on November 1, 2022 and lasts for two days with the organization of Afaq Group for media and organization of forums and exhibitions A delegation from Islamic …

Afaq Group 21st Economic Forum Under the Patronage of the Prime Minister of Jordan entitled “International FinanceInvestment & FinTec قراءة المزيد »

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