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European markets bounce as omicron fears recede; Tech stocks up 4%

KEY POINTS The strong for European stocks comes after the region moved higher on Monday and global markets rallied, with concerns about the potential severity of the omicron variant easing White House Chief Medical Advisor Dr. Anthony Fauci said on Sunday that the initial data regarding the variant was “encouraging,” though he cautioned that more information …

European markets bounce as omicron fears recede; Tech stocks up 4% قراءة المزيد »

Jordan Financial Forum–JOAEF, March 13-14, 2021.

AFAQ Group, MENA region’s renowned exhibitions organizer, has announced the launch of the 20th edition of the Jordan   Financial Forum–JOAEF, March 13-14, 2021. The event will bring together leading brands in the online trading, fintech, banking, digital assets, blockchain, and payments sphere, in a full-scale, highly immersive virtual conference. JOAEF will provide a unique opportunity …

Jordan Financial Forum–JOAEF, March 13-14, 2021. قراءة المزيد »

أسعار النفط تغلق على استقرار وزيادة إصابات كوفيد تثير مخاوف متعلقة بالطلب

ستقرت أسعار النفط، بعد تخليها عن مكاسب كبيرة سابقة وسط مخاوف متزايدة من أن إصابات فيروس كورونا المتصاعدة وسلالة أوميكرون الجديدة ربما تخفض الطلب العالمي على النفط. وفي وقت سابق اليوم، ارتفعت أسعار النفط بأكثر من دولارين للبرميل بعد أن قالت مجموعة أوبك+ إنها ربما تراجع سياستها لزيادة الإنتاج في وقت قصير إذا أثرت زيادة …

أسعار النفط تغلق على استقرار وزيادة إصابات كوفيد تثير مخاوف متعلقة بالطلب قراءة المزيد »

Asia-Pacific stocks mixed; Chinese tech stocks in Hong Kong drop after Didi delisting plans

KEY POINTS Shares in Asia-Pacific were mixed on Friday Chinese tech stocks in Hong Kong plunged after ride-hailing giant Didi announced Friday on social media platform Weibo that it will begin taking steps to delist from the New York Stock Exchange Stocks around the world have been swinging wildly between gains and losses for much …

Asia-Pacific stocks mixed; Chinese tech stocks in Hong Kong drop after Didi delisting plans قراءة المزيد »

Dollar gains as traders wait to see if U.S. jobs data is strong

    The dollar gained on Friday against most major currencies as traders positioned ahead of key U.S. jobs data that could clear the path for an earlier rate hike by the Federal Reserve Fed officials speaking on Thursday joined Chair Jerome Powell in striking a hawkish stance, with San Francisco Fed President Mary Daly …

Dollar gains as traders wait to see if U.S. jobs data is strong قراءة المزيد »

Gold set for third weekly loss as faster tapering talks weigh

    Gold prices were set for their third straight weekly loss despite being steady on Friday, as U.S. Federal Reserve Chair Jerome Powell’s comments that pandemic-era asset purchases could end sooner than previously anticipated dented bullion’s appeal Spot gold was up 0.1% at $1,770.80 per ounce by 1107 GMT, after hitting its lowest in …

Gold set for third weekly loss as faster tapering talks weigh قراءة المزيد »

Europe stocks end the week lower amid omicron fears; U.S. jobs data disappoints

KEY POINTS European stocks are looking to rebound from Thursday’s pullback, which saw the tech sector on the continent drop 3.8% to lead losses across the board Fears over the potential impact of the omicron variant appeared to abate slightly on Friday after scientists in South Africa, where the variant was first discovered, said existing …

Europe stocks end the week lower amid omicron fears; U.S. jobs data disappoints قراءة المزيد »

Asia-Pacific stocks mixed as uncertainty about omicron lingers; Razer shares plunge in Hong Kong

KEY POINTS Shares in Asia-Pacific were mixed on Thursday . Shares of Razer in Hong Kong dropped nearly 8% in choppy trade. The company said a consortium has offered to take it private at 2.82 Hong Kong dollars each, about 5.62% higher than Razer’s Wednesday close . Stocks on Wall Street saw a sharp reversal …

Asia-Pacific stocks mixed as uncertainty about omicron lingers; Razer shares plunge in Hong Kong قراءة المزيد »

Volatility rules currencies as traders fret over Omicron, Fed tightening

Foreign-exchange market volatility hovered near a nine-month peak on Thursday as traders weighed the risks posed by a more hawkish Federal Reserve amid ongoing uncertainty about the threat from Omicron. Markets lacked direction in Asian trading hours, with the safe-haven yen retracing a little of its recent strong gains, but the risk-sensitive Australian dollar weakening …

Volatility rules currencies as traders fret over Omicron, Fed tightening قراءة المزيد »

Gold dips as Fed’s hawkish rhetoric dampens appeal

    Gold prices eased on Thursday as investors bet the U.S. Federal Reserve would taper its bond purchases faster to tackle surging inflation despite economic recovery concerns amid the new Omicron coronavirus variant Spot gold fell 0.3% to $1,777.87 per ounce by 0639 GMT. U.S. gold futures dropped 0.3% to $1,778.10 In congressional testimony on Wednesday, …

Gold dips as Fed’s hawkish rhetoric dampens appeal قراءة المزيد »

Oil rises as investors focus on OPEC+ decision amid growing Omicron fears

    Oil prices rose on Thursday, more than recouping the previous day’s losses, as investors adjusted positions ahead of an OPEC+ decision over supply policy, but gains were capped amid fears the Omicron coronavirus variant will hurt fuel demand. Brent crude futures rose $1.24, or 1.8%, to $70.11 by 0748 GMT, having eased 0.5% …

Oil rises as investors focus on OPEC+ decision amid growing Omicron fears قراءة المزيد »

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