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Economic News
Dubai
October 3, 2022
Gold Steadies Above $1,650 as Safe Haven Appeal Creeps Back in
Gold prices steadied above a major support level on Monday as growing risks of an economic recession spurred some safe-haven demand for the yellow metal.…
Economic News
Dubai
September 30, 2022
Oil Heads For Fourth Straight Monthly Loss as OPEC Meeting Looms
Oil prices rose slightly on Friday, but were set for a fourth straight month of losses amid growing concerns over…
Economic News
Dubai
September 30, 2022
Oil Heads For Fourth Straight Monthly Loss as OPEC Meeting Looms
Oil prices rose slightly on Friday, but were set for a fourth straight month of losses amid growing concerns over…
Economic News
Dubai
September 29, 2022
Govt hikes DA by 4% under 7th Pay Commission; details here
The Union Cabinet has hiked the Dearness Allowance (DA) of central government employees and pensioners by 4 percent under the…
Economic News
Dubai
September 26, 2022
Oil Prices Hover Near 8-Mth Low as Recession Fears Dent Outlook
Oil prices held near eight-month lows on Monday after falling sharply last week as markets feared that slowing global economic…
BOJ
Dubai
September 22, 2022
BOJ Holds Ultra-Low Interest Rates Despite High Inflation, Fed Pressures
The Bank of Japan (BOJ) held its benchmark interest rates at ultra-low levels on Thursday, as expected, citing the need…
Economic News
Dubai
September 21, 2022
Asian Stocks Slammed by Fed Rate Hike Risks
Asian stock markets sank on Wednesday, tracking overnight losses on Wall Street as investors awaited an interest rate hike and…
Economic News
Dubai
September 20, 2022
10-year yields highest since 2011 before expected Fed rate hike
Benchmark 10-year U.S. Treasury yields jumped to their highest level since 2011 on Monday as investors adjusted for the likelihood…
Economic News
Dubai
September 19, 2022
Dow Futures Tick Higher After Indices Post Their Worst Week Since June
U.S. stock futures were trading slightly higher during Sunday’s evening deals, after major benchmark indices posted their greatest weekly losses…
Economic News
Dubai
September 10, 2022
WHAT TO EXPECT IN THE MARKETS NEXT WEEK
U.S. equity markets rose for a third straight day on Friday, snapping a three-week losing streak for the major averages.…
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