English News
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Oil extends gains as major producers flag capacity limits
KEY POINTS U.S. West Texas Intermediate (WTI) crude futures rose $1.13, or 1%, to $110.7 a barrel at 0332 GMT,…
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Gold prices steady as investors await fresh impetus
KEY POINTS Spot gold held its ground at $1,824.51 per ounce, as of 0246 GMT. U.S. gold futures were flat…
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Euro gains traction ahead of inflation data, dollar steadies
KEY POINTS The euro won support on Tuesday as traders braced for European inflation figures to run hot this week.…
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European markets climb as positive global momentum continues
KEY POINTS The higher open on Monday comes after the European blue chip index closed up by 2.6% last Friday,…
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Dollar shelters under recession clouds as investors put safety first
KEY POINTS The dollar found support from investors worried about recession and seeking safety to hold just below a two-decade…
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Oil slides more than $1 as G-7 debate Iran nuclear deal, Russia
KEY POINTS Investors eyed the G-7 meeting this week for possible moves on Russian oil exports and…
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Gold rises as G-7 nations plan to ban bullion imports from Russia
KEY POINTS Gold prices gained on Monday, as news of some Western nations planning to officially ban imports of the…
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Egypt-Jordan trade exchange jumps 25% in 2021
The trade exchange value between Egypt and Jordan totaled $915.60 million in 2021, a 25% year-on-year (YoY) increase from $731.70…
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Gold edges higher as dollar slips, rate hike fears linger
Gold edged up on Friday as the dollar retreated and recession fears buoyed its safe-haven appeal, but looming interest rates…
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Oil settles up but posts weekly decline on recession fears
Oil prices settled up by more than $3 a barrel on Friday, supported by tight supply, but they notched their…
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U.S. dollar slides as markets re-evaluate Fed rate path
The U.S. dollar slipped on Friday and was on track for its first weekly decline this month, as traders dialed…
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European stocks log best session in more than 3 months; tech shares gain 3.8%
KEY POINTS Central banks last week made aggressive moves to rein in inflation, and investors are now hopeful that rising…
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