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Mohamed Abdelhamid

Oil Prices Climb as Geopolitical Flashpoints Rekindle Supply Fears

Global energy markets saw a noticeable uptick in oil prices as rising geopolitical tensions fueled fresh concerns over supply disruptions, particularly in Venezuela and Russia. The renewed uncertainty has injected a risk premium into crude markets, pushing prices higher despite mixed fundamental signals.U.S. benchmark crude gained around 1.4%, adding nearly …

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Sterling Slumps as “Triple Threat” of Data Sets Stage for BoE’s Pre-Christmas Rate Cut

The British Pound faced a sharp decline on Wednesday, retreating against the U.S. Dollar as a wave of downbeat economic signals shifted the landscape for the UK economy. With inflation cooling faster than expected, unemployment rising, and national output shrinking, the stage is now set for a major policy shift …

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US Equities Mixed as Energy Sector Rallies on Venezuela Sanctions

Wall Street saw a fragmented performance on Wednesday as geopolitical tensions bolstered energy and mining stocks, while broader indices struggled for momentum amid shifting global bond yields.Market Summary: A Divergent SessionMajor benchmarks closed with mixed results as investors weighed geopolitical risks against domestic economic commentary:S&P 500: Edged lower, slipping by …

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