Dubai TV interviewed Mohammed Hashad, Head of Research and Development at Noor Capital and a member of the American Society of Technical Analysts. Let’s start with the U.S. labor market data, which came in mixed. How did the markets interpret it, and how did it reflect on the movement of …

Gold prices edged lower in Asian trade on Tuesday, as traders awaited crucial U.S. inflation data to gauge the Federal Reserve’s stance on potential interest rate cuts. Spot gold dipped 0.1% to $2,502.07 an ounce, while December gold futures also fell 0.1% to $2,531.0 an ounce. Despite the slight decline, …

Oil futures rose by around 1% on Monday, recovering from last week’s steep losses as a potential hurricane neared the U.S. Gulf Coast, a critical area for refining. Brent crude climbed 67 cents, or 0.94%, to $71.73 per barrel by 0901 GMT, while West Texas Intermediate (WTI) crude rose 68 …

U.S. stock futures inched up on Monday as investors continued to debate the Federal Reserve’s upcoming interest rate decisions following a weaker-than-expected jobs report. Meanwhile, Boeing secured a tentative deal with its largest labor union, and Canadian retailer Alimentation Couche-Tard reiterated its commitment to a $38.5 billion takeover bid for …

European shares kicked off the week with gains following a sharp decline last Friday, as investors look ahead to key economic data releases and expect the European Central Bank (ECB) to reduce interest rates later this week. By 0711 GMT on Monday, the pan-European STOXX 600 index had risen by …

Oil futures experienced a significant rebound on Monday, rising by $1 as traders reacted to the potential impact of a hurricane system approaching the U.S. Gulf Coast and recovered from a recent downturn triggered by disappointing U.S. jobs data. By early trading, West Texas Intermediate (WTI) crude futures had climbed …

Dollar Gains Ground as Yen Retreats; Investors Await U.S. Inflation Data The dollar rebounded on Monday, recouping some of its recent losses, while the yen eased off its safe-haven highs. Investors, uncertain about the scale of an upcoming Federal Reserve rate cut, are now turning their attention to this week’s …

US stock futures traded slightly lower on Friday as investors awaited a key labor market report that could influence the Federal Reserve’s next decision on interest rates. By 06:21 ET (10:21 GMT), Dow futures had declined by 130 points (0.3%), S&P 500 futures were down by 34 points (0.6%), and …

The U.S. dollar hit a one-month low against the yen and a one-week low versus the euro on Friday, as traders exercised caution ahead of a key U.S. jobs report. Mixed signals from recent employment data have added uncertainty to the market, influencing expectations for the Federal Reserve’s next interest …

Oil prices edged higher during Asian trading on Friday as investors remained cautious ahead of the release of key U.S. employment data. This comes amid weighing factors, including a significant withdrawal from U.S. crude inventories and a potential delay in production hikes by OPEC+ producers. By 0507 GMT, Brent crude …