Interviewed by Al Arabiya Head of Research and Development at Noor Capital and member of the US Association of Technical Analysts, Mohammed Hashad shed light on the most important developments and market movements, especially the American stock market, which is achieving remarkable gains. Host: For more on global markets, we’re …
Read More »Oil Prices Extend Decline Amid Libya Dispute Resolution and Global Demand Concerns
Oil prices continued their downward trend on Wednesday, extending the more than 4% drop seen in the previous session. The market remains under pressure, hovering at its lowest levels since December, driven by expectations of a potential resolution to the political dispute in Libya that has halted oil exports, along …
Read More »Market Drivers; US Session, September 3
The US dollar has gained momentum, reaching two-week highs against a backdrop of weakening risk-linked assets. This surge follows an inconclusive price action on Monday due to the Labor Day holiday. Dollar Strengthens Amidst Rising Recession Fears The US Dollar Index (DXY) has advanced further, approaching the crucial 102.00 level. …
Read More »What’s Behind Gold’s Recent Dizzying Decline?
Gold traded below 2,500 per ounce on Tuesday, as the precious metal, which was formerly associated with stability and prosperity, has been steadily declining. Recent weeks have seen a sharp decline in gold prices, mostly due to the US dollar’s steadfast growth. In the financial markets, the inverse relationship between …
Read More »Stocks Market Meltdown: Economic Fears and Stock Market Collapse
The stock market collapsed catastrophically at the beginning of September, with the Dow Jones Industrial Average dropping by an incredible 400 points. The main causes of this sharp decline were growing economic anxieties, which were made worse by shaky manufacturing data and generalized misgivings about the technology industry.The latest market …
Read More »OPEC’s Risky Position: Supply-Demand Balance Required
The OPEC+ alliance, comprising major oil producers like Russia and OPEC members, faces a precarious balancing act. The group must carefully navigate the complexities of maintaining market stability and ensuring the financial security of its members, especially after the recent decision to increase oil production starting in October. This decision …
Read More »U.S. Crude Oil Futures Dip Amid Ongoing Demand Concerns and Libyan Supply Disruptions
U.S. crude oil futures declined on Tuesday, extending the recent trend of losses that have persisted for three consecutive weeks. The market remains under pressure due to concerns over a potential slowdown in demand from China, a major importer, and the possibility of increased supply from leading global producers. Market …
Read More »Post-Labour Day Market Outlook: US Data Takes the Lead
As the financial markets navigate the post-Labor Day landscape, the upcoming economic data releases from the United States will be a key determinant of market direction. Investors should closely monitor these reports for insights into the health of the US economy and the potential implications for monetary policy.A Data-Driven Week …
Read More »Noor Capital | Interview with Mohammed Hashad on Dubai TV – September 02, 2024
Interviewed by Dubai TV, Chief Market Strategist at Noor Capital, Mohammed Hashad shed light on the most important developments and market movements, especially the American stock market, which is achieving remarkable gains. US Stock Market Regarding the reasons behind the recovery of the American market, Hashad pointed out that the …
Read More »Oil Prices Extend Losses Amid OPEC+ Production Increase and Demand Concerns
Key Points: Price decline: Oil prices continued to fall on Monday, driven by expectations of higher OPEC+ production and concerns about weak demand in China and the United States.OPEC+ production: The organization is set to increase oil output in October as part of a plan to unwind previous supply cuts.Demand …
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