Economic Report

Bitcoin faced a decline on Friday, dropping below $116,000 amidst growing caution in the market. The cryptocurrency fell by 1.8% to $115,555.4 as of 01:28 ET (05:28 GMT), pressured by large wallet movements and profit-taking after a record high above $123,000 last week. Whale Movements and Profit-Taking Pressure The drop …

Commenting on Key Financial Assets: An Interview with Mohamed Hashad, Chief Strategist at Noor Capital and Member of the American Association of Technical Analysts, on Dubai TV Interviewer: Mr. Mohamed, we’ve been following the trade agreements with several countries, most notably Japan. Can it be said that Trump has indeed …

Corporate Woes Amid Tariff Concerns and EU-U.S. Trade Deal Talks European stocks faced a dip on Friday as concerns about the economic impact of ongoing tariff disputes lingered, despite optimistic talk of a potential trade agreement between the U.S. and the European Union (EU). The DAX in Germany fell 0.9%, …

Market Outlook Supported by Trade Talks and Supply Disruptions Oil prices edged higher on Friday, buoyed by positive sentiment surrounding U.S. trade talks and the potential for increased oil demand, despite concerns over a possible increase in supply from Venezuela. Brent crude futures rose by 20 cents, or 0.29%, to …

Market Outlook Supported by Trade Talks and Supply Disruptions Oil prices edged higher on Friday, buoyed by positive sentiment surrounding U.S. trade talks and the potential for increased oil demand, despite concerns over a possible increase in supply from Venezuela. Brent crude futures rose by 20 cents, or 0.29%, to …

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 …

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 …

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 …

On Thursday, July 24, 2025, the US Dollar found its footing after a turbulent midweek drop, bolstered by renewed optimism in global trade and heightened anticipation surrounding US President Donald Trump’s visit to the Federal Reserve. The US Dollar Index (DXY), which measures the Greenback against a basket of six …

The European Central Bank (ECB) has solidified expectations of a pause in interest rate cuts until at least year-end, boosting the euro and bond yields on Thursday, July 24, 2025. After maintaining rates at 2% following eight reductions over the past year, ECB President Christine Lagarde delivered an optimistic economic …