Oil prices retreated on Monday after jumping earlier in the session above $70 a barrel for the first time since the start of the Coronavirus crisis, following attacks on Saudi oil facilities. Brent crude futures, the world record, ended the trading session down $1.12, or the equivalent of 1.61%, to …

Today’s survey showed that an indicator of investor confidence in the eurozone jumped in March to its highest reading in more than a year, supported by an improved outlook for the current situation. The Sentex Eurozone index rose to 5.0 from -0.2 in February, its highest level since February 2020. …

In an interview with Dubai TV, Director of Research and Development at Noor Capital, Mohamed Hashad takes a closer look at the markets. Oil Purchasing biases pushed crude oil prices to touch the highest level since October 2018, and we can say that the biggest supporter of the rise in …

In an interview with Dubai TV, Director of Research and Development at Noor Capital, Mohamed Hashad takes a closer look at the markets. Oil Purchasing biases pushed crude oil prices to touch the highest level since October 2018, and we can say that the biggest supporter of the rise in …

The Turkish lira fell 0.7% today, recording a decline in ten of the last eleven sessions, with high inflation, global bond yields and oil prices in a test of the central bank’s pledge to tighten monetary policy. After raising interest rates to 17% in December, Central Bank Governor Naji Iqbal …

European stocks rose today to coincide with the rise of the US market at the end of trading on Friday, as shares of major oil companies such as Royal Dutch Shell and BP jumped with the rise in crude prices after reports of attacks on facilities in Saudi Arabia. The …

Brent crude futures rose above $70 a barrel today, Monday, for the first time since the outbreak of the Covid-19 pandemic, while US crude touched its highest level in more than two years, following reports of attacks on Saudi facilities. Brent contracts for May delivery reached $71.38 a barrel in …

German industrial output fell unexpectedly in January, following a significant increase in the previous month’s reading, data released on Monday showed, predicting a weak start to the year for the manufacturing sector in Europe’s largest economy. Figures released by the Federal Statistics Office show a decline in output in the …

Gold rebounded today from its lowest level in nine months recorded last week, with the decline in bond yields and the approval of a huge US stimulus package to increase the attractiveness of the metal as a hedging tool in the face of inflation. Gold rose in the spot market …

Japanese stocks reversed the trend to close lower on Monday as investors sought to adjust their positions before the end of the fiscal year, while concerns over rising US bond yields weighed on sentiment. The benchmark Nikkei index fell 0.42% to close at 28,743.25 points, while the broader TOPIX index …