English News
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Oil rises for a second day on supply tightness concerns
KEY POINTS Oil prices rose on Tuesday for a second day on increasing concerns about tightening European supply after Russia,…
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Dollar near recent peaks as Fed looms, growth fears weigh
KEY POINTS The dollar held just below multi-decade peaks on Tuesday as traders awaited a rate hike from the U.S.…
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UAE to host MENA Power Projects to highlight $250bn upcoming projects
The UAE will host the MENA Power Projects Forum on 7-8 September 2022 at Conrad Abu Dhabi Etihad Towers Hotel…
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Oil falls on concerns expected Fed hike will impact fuel demand
KEY POINTS Oil fell on Monday, reversing earlier gains but continuing a recent losing streak, on concerns that an expected…
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Dollar firm as Fed meeting and growth risks dominate
KEY POINTS The dollar was on a firm footing on Monday, as traders brace for a sharp U.S. interest rate…
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Gold dips as dollar firms, Fed rate hike looms
KEY POINTS Gold prices slipped on Monday, as an elevated dollar and prospects of an aggressive interest rate hike by…
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Oil prices slip on weak U.S. demand
Oil prices fell slightly Friday after sliding around 3% in the previous session on weakened demand in the United States,…
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Gold rises as traders eye Fed meeting
Gold prices rose Friday as traders looked ahead to next week’s Federal Reserve policy meeting. Spot gold traded 0.3% higher…
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European markets flat, anticipating first ECB rate hike in over a decade
KEY POINTS The European Central Bank’s policy meeting in Frankfurt on Thursday is at the forefront of investors’ minds, with policymakers…
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Euro braces for ECB hike, Russian gas restart; yen eyes BOJ
KEY POINTS The euro hung below a two-week high to the dollar as investors braced for the European Central Bank’s…
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Gold hits near one-year low on dollar strength, imminent rate hikes
KEY POINTS Gold prices fell on Thursday to their lowest in nearly a year, as an elevated U.S. dollar and…
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Oil prices edge lower as demand concerns outweigh tight supply
KEY POINTS Oil prices fell on Thursday for a second straight session, as demand concerns outweighed tight global supply after…
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