Home / Mohamed Abdelhamid (page 39)

Mohamed Abdelhamid

Pound Steadies as Softer U.S. Inflation Fuels Fed Rate-Cut Hopes

The British pound began the week with a modest rebound against the U.S. dollar, supported by renewed optimism over potential Federal Reserve rate cuts and improving global risk sentiment. The GBP/USD pair hovered near 1.3320, recovering slightly from last week’s pullback as traders reacted to the latest U.S. inflation figures.Recent …

Read More »

Wall Street Soars as US–China Trade Deal Hopes Ignite Market Optimism

The Dow Jones Industrial Average broke new ground on Monday, hitting an all-time high above 47,500 as investors cheered signs of progress in trade negotiations between the United States and China. The rally reflected a broader wave of optimism sweeping through markets, with hopes that renewed talks could ease long-standing …

Read More »

Crude Oil Prices Steady as Sanctions and Surging Supply Pull Markets in Opposite Directions

Oil prices held firm on Monday, balancing between fresh geopolitical tension and swelling production levels that kept traders cautious about the global supply outlook. The market saw a modest uptick as investors weighed the impact of new U.S. sanctions against Russia’s energy sector against record-breaking output from Iraq.Crude oil hovered …

Read More »

US-China Trade Negotiations Poised for Breakthrough

Recent developments in US-China trade talks have injected a dose of optimism into what has been a prolonged period of economic friction between the two superpowers. Over the weekend, officials from both nations concluded productive discussions in Southeast Asia, laying out a preliminary framework that could prevent an immediate escalation …

Read More »

Weekly Recap: Markets await three high-impact events, stocks climb “wall of worry”

Global markets are anticipated to face a week full of pressure and fundamental factors that cannot be overlooked. The new trading week is dominated by a trifecta of high-impact events: first, undoubtedly, the widely expected Federal Reserve interest rate decision; second, the release of more earnings reports from major technology …

Read More »

Trump Ends Canada Trade Talks After Reagan-Themed Ad Sparks Diplomatic Rift

U.S. President Donald Trump has abruptly terminated all trade negotiations with Canada, citing what he called “egregious behavior” after a controversial advertisement from Ontario criticized his tariff policies using a decades-old speech by former president Ronald Reagan.The 60-second television spot, funded by Ontario’s government, features Reagan warning that trade barriers …

Read More »