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Mohamed Abdelhamid

Euro Stands Strong Amidst Global Trade Disputes

The Euro has demonstrated remarkable resilience in recent months, emerging as a top performer among major global currencies despite the ongoing backdrop of international trade disputes. Since the US President’s announcement on reciprocal tariffs earlier this year, the Euro has been the second strongest G10 currency, trailing only the safe-haven …

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US Markets Mixed as Strong Earnings Clash with Tariff Tensions

US stock markets displayed a mixed performance on Thursday, July 24, 2025, as robust corporate earnings fueled gains in technology and telecom sectors, while tariff uncertainties and disappointing results in other industries weighed on the broader market. The S&P 500 eked out a 0.07% gain, securing its fourth consecutive record …

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European Markets Rally as ECB Holds Rates and US-EU Tariff Deal Nears, Steel Still Hoping

European stock markets closed higher on Thursday, July 24, 2025, buoyed by the European Central Bank’s (ECB) decision to maintain interest rates and growing optimism over a potential US-EU trade deal that could ease punitive tariffs, particularly on steel. The pan-European STOXX 600 index gained 0.24%, marking its second consecutive …

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Gold and Silver Stumble as Robust US Jobs Data Offset Trade and Fed Uncertainty

Gold prices took a hit on Thursday, July 24, 2025, sliding over 0.50% during the North American session as strong US labor market data overshadowed weakening manufacturing activity and lingering trade concerns. Trading at $3,373 after peaking at $3,393, the XAU/USD pair reflected a tug-of-war between bullish safe-haven demand and …

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