English News
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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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European stocks uncertain as investors track earnings, monetary policy; Uniper up 10%
KEY POINTS The higher trade for European markets comes after choppy trade on Tuesday as the relief rally seen in…
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Dollar loses steam, euro heaves sigh of relief ahead of ECB meeting
KEY POINTS The U.S. dollar retreated on Wednesday as the euro extended its overnight bounce on relief Europe might be…
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