Speaking to Dubai TV on Monday, Mohamed Hashad, Director of Research and Development at Noor Capital, explained the recent developments impacting global markets, with anticipation for the upcoming events. Oil We can say that oil is one of the most important tools that has moved significantly over the past weeks …

Wall Street’s main indexes opened higher on Monday, as financial and energy stocks rebounded after hawkish comments from the Federal Reserve last week pushed the Dow and Standard & Poor’s 500 indexes to their biggest weekly losses in months. The Dow Jones Industrial Average rose 21.99 points, or 0.07%, to …

The data published by the Federal Reserve Bank of Chicago showed on Monday that the National Activity Index (CFNAI) improved to 0.29 in May from -0.09 (revised from 0.24) in April.

Bank of America Global Research raised expectations for the price of Brent crude for the current and next year, saying that an increase in the balance between supply and demand in 2022 may raise the price of oil to one hundred dollars a barrel for a short period. The bank …

The European Union will impose sanctions, including travel bans and asset freezes, on 86 Belarusian officials and companies on Monday, but will leave it to leaders to decide when to impose economic sanctions, EU foreign policy chief Josep Borrell said. Diplomats said that the sanctions include 76 individuals, including the …

The dollar held on to last week’s gains on Monday after the Federal Reserve surprisingly appeared to be leaning toward monetary tightening, while Bitcoin tumbled as China stepped up its crackdown on cryptocurrency mining. The dollar index was little changed after jumping 1.9% last week – the largest increase since …

Gold prices rose on Monday, after suffering losses over six sessions, as falling US Treasury yields boosted the attractiveness of the non-yielding metal. And gold rose in spot transactions 0.7%to $ 1776.10 an ounce, while US gold futures increased 0.4% to $ 1775.55 an ounce. The US Treasury yield fell …

Oil prices rose on Monday, boosted by strong summer demand and a pause in talks to revive the nuclear deal, which could signal a delay in the resumption of supplies to OPEC member Iran. By the closing of Asian markets, Brent crude for August delivery was up 23 cents, or …

Japanese stocks suffered their biggest loss in four months on Monday, tracking Wall Street’s plunge last week after a Federal Reserve official said the US central bank may raise interest rates sooner than expected. All sectors witnessed intense sales, and all sub-indices of the 33 sectors in the stock market …

European shares fell on Monday, as mining and banking stocks bore the brunt of an abrupt shift in the US Federal Reserve’s stance on monetary policy last week. The pan-European Stoxx 600 index fell 0.6% to its lowest level in more than two weeks. On Friday, the index halted a …