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Breaking News
  • Nippon Steel Finalizes $14.9 Billion Acquisition of U.S. Steel
  • U.S. Initial Jobless Claims Fall as Dollar Weakens Ahead of FOMC Decision
  • Bitcoin and Crypto Markets Fall Amid Geopolitical Tensions and Fed Focus
  • U.S. Stock Futures Rise as Investors Await Fed Decision and Assess Israel-Iran Conflict
  • European Stocks Steady Amid Israel-Iran Tensions and Fed Meeting

EUR/JPY remains firm against 132.75

Mohamed Abdelhamid Forex Market, Market Update

Euro has ticked up, Monday, against the Japanese yen, for the eighth successive trading session, although it has failed to advance beyond the four-month high at 132.75 hit last Friday. The pair, however, maintains its positive bias intact, with bearish attempts contained above 132.15.The euro remains strong against an ailing …

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Major indices mixed early on as rising Treasury yields

Mohamed Abdelhamid Daily Economic Reports, Economic Report, Global Stock Market, Market Update

Wall Street stocks were mixed early on Monday as bond yields rose and Chinese GDP numbers disappointed.The Dow opened 42.30 points weaker on Monday, cutting into gains recorded at the tail end of last week on the back of a better than anticipated start to the third-quarter earnings season.Dow was …

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Economic slowdown awaits U. S. in 2022

Mohamed Abdelhamid Global Stock Market, Market Update

The U.S. economy will be battling a continued slowdown in 2022 as it contends with sticky inflation and supply chain bottlenecks.Growth is clearly slowing. Obviously the U. S. has passed the peak growth rate, but it’s a relatively graduate slowdown. A number of economists have cut their 2021 GDP growth …

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Dubai TV Interview, Oct 18, 2021

Mohamed Abdelhamid Education And Development, Market Update, Media Interviews

Mohamed Hashad

Speaking to Dubai TV on Monday, Mohamed Hashad, Director of Research and Development at Noor Capital, discussed the current energy crisis and provided anticipation for a number of developments over the course of the week across global markets. Energy CrisisHashad pointed out that an energy crisis obviously exists across several …

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The U.S. suffers from sash glut

Mohamed Abdelhamid Global Stock Market, Market Update

USD

The U. S. economy faces some problems. A pandemic is barrier, but has not developed into a financial crisis yet because it has not damaged credit markets or household balance sheets, as the housing bubble of the early 2000s did. Instead, the pandemic caused a sharp, brief recession.Today, the unemployment …

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Market Drivers – European Session 18-10-2021

Adel Market Update

US stock index futures fell in early trading on Monday, after major indexes posted their best week in months amid a stronger-than-expected start to the earnings season, Dow Jones Industrial Average futures fell 174 points or 0.5%, and S&P 500 futures were down 174 points, or 0.5%. By 0.5%, the …

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The US Dollar Rises to Its Highest Level in One Year

Adel Daily Economic Reports, Economic Report, Market Update

USD

On Monday, the US dollar returned to a one-year high hit last week as rising inflation expectations and rising bond yields added to its appeal against its rivals, with the New Zealand dollar falling off-trend thanks to strong data, and US Treasury yields boosting Monday, continuing the trend in recent …

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Reuters: OPEC+’s commitment to Production Cuts Drops Slightly to 115% in September

Adel Commodities, Market Update

Three sources from OPEC+ told Reuters on Monday that the alliance’s commitment to oil cuts fell slightly to 115 percent in September. The figure shows that some members are still facing production problems according to their agreed quotas due to various technical problems.

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Crude Oil Prices Rose to Highest in More Than 7 Years

Adel Commodities, Market Update

NYMEX crude prices rose during those moments from their highest levels since the beginning of October 2014, as they rose to levels of 83.73 dollars per barrel, an increase of about 1.5 percent. While the benchmark Brent crude broke the levels of 86 dollars for the first time since mid-October …

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Gold Catches Its Breath

Adel Commodities, Cryptocurrency, Forex Market, Market Update

Gold fell on Monday morning in Asia, recouping some losses after heavy selling during the previous session as US bond yields tumbled. Gold futures were down 0.03% at $1,767.75, to offset losses after dropping 1.6% on Friday. The benchmark 10-year US Treasury yields also eased after rising to 1.5904% on …

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  • Nippon Steel Finalizes $14.9 Billion Acquisition of U.S. Steel

    18 June, 2025 5:30 pm
  • U.S. Initial Jobless Claims Fall as Dollar Weakens Ahead of FOMC Decision

    18 June, 2025 4:47 pm
  • Bitcoin and Crypto Markets Fall Amid Geopolitical Tensions and Fed Focus

    18 June, 2025 3:59 pm
  • U.S. Stock Futures Rise as Investors Await Fed Decision and Assess Israel-Iran Conflict

    18 June, 2025 2:32 pm
  • European Stocks Steady Amid Israel-Iran Tensions and Fed Meeting

    18 June, 2025 12:47 pm
  • Nippon Steel Finalizes $14.9 Billion Acquisition of U.S. Steel

    18 June, 2025 5:30 pm
  • China’s Foreign Ministry: Foreign Countries Should Stop Interfering in Hong Kong’s Domestic Affairs

    1 July, 2020 1:37 pm
  • UK Manufacturing Activity Picked Up in June

    1 July, 2020 1:54 pm
  • Eurozone PMI Manufacturing Finalized at 47.4

    1 July, 2020 2:13 pm
  • IFO Sees Europe’s Largest Economy Contracting by 6.7% in 2020

    1 July, 2020 2:39 pm
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Timeline

  • 18 June, 2025 5:30 pm

    Nippon Steel Finalizes $14.9 Billion Acquisition of U.S. Steel

  • 18 June, 2025 4:47 pm

    U.S. Initial Jobless Claims Fall as Dollar Weakens Ahead of FOMC Decision

  • 18 June, 2025 3:59 pm

    Bitcoin and Crypto Markets Fall Amid Geopolitical Tensions and Fed Focus

  • 18 June, 2025 2:32 pm

    U.S. Stock Futures Rise as Investors Await Fed Decision and Assess Israel-Iran Conflict

  • 18 June, 2025 12:47 pm

    European Stocks Steady Amid Israel-Iran Tensions and Fed Meeting

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  • Nippon Steel Finalizes $14.9 Billion Acquisition of U.S. Steel

    18 June, 2025 5:30 pm
  • U.S. Initial Jobless Claims Fall as Dollar Weakens Ahead of FOMC Decision

    18 June, 2025 4:47 pm
  • Bitcoin and Crypto Markets Fall Amid Geopolitical Tensions and Fed Focus

    18 June, 2025 3:59 pm
  • U.S. Stock Futures Rise as Investors Await Fed Decision and Assess Israel-Iran Conflict

    18 June, 2025 2:32 pm

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