The Euro achieved remarkable gains yesterday against the US dollar, nullifying the negative outlook as we expected, looking to the stability of trading below 1.1750, as a reminder that we indicated during the previous analysis that trading above 1.1750 will stop the downward trend and lead the pair to an …

In an interview with Dubai TV, Director of Research and Development at Noor Capital, Mohamed Hashad takes a closer look at the markets. US Stimulus and Dollar Hashad says that the US stimulus plan is still one of the most important drivers of global financial markets and had a clear …

Major US stock indices opened higher today, Monday, thanks to hopes that a vaccine for the Coronavirus will be available by the end of the year, while investors are also encouraged by indications that an agreement will soon be reached in Washington on a financial package. The Dow Jones Industrial …

Wholesale sales in the Canadian economy increased for the fourth consecutive month in August, more than analysts’ expectations. data released by Statistics Canada showed on Monday, that wholesale sales in Canada posted an increase of 3% last August compared to 4.3% in July. Analysts had expected that wholesale sales in …

Data from the Chinese Bureau of National Statistics showed today, Monday, that China’s crude oil production rose 2.4% year on year in September to 16.1 million tons, while natural gas production increased 7.6% from a year ago. Crude oil production grew 1.7% year on year in the first nine months …

Sources in OPEC+ told Reuters that the group of oil-producing countries will meet on Monday to discuss expectations of weak demand in light of the high cases of Coronavirus and the increase in Libya’s production, but it is unlikely to recommend immediate action. A joint ministerial monitoring committee, including the …

Oil prices fell today, Monday, after the growth of the Chinese economy in the third quarter of the year was weaker than expected, highlighting concerns about the impact of the growing Coronavirus infections around the world on demand for the largest importer of crude in the world. The world’s second-largest …

European stocks rose in early trade on Monday, supported by strong results from Dutch Phillips and Swiss wealth manager Julius Baer, ​​overshadowing concerns about new restrictions imposed to combat the Coronavirus across the continent. The pan-European STOXX 600 index was up 0.8%, resuming its rise after suffering limited weekly losses. …

Gold prices rose on Monday, supported by concerns about the worsening Covid-19 pandemic, while the precious metal prices were also boosted by hopes for a new US stimulus package ahead of the presidential elections in November. The spot price of gold was up 0.6% to $ 1909.90 an ounce, while …

Japanese exports fell 4.9% in September year on year, more than expected. Imports decreased by 17.2%, better than expectations for a decline of 21.4%. As a result, the trade surplus decreased to 675.0 billion yen. It is reported that Japanese exports to China increased by 14.0%, the largest increase since …