The world’s efforts for discovering a cure are going at full capacity, with Gilead’s remdeisivr being a potential cure. In the US, the number of cases reached 40,000 again, and epidemiologist Anthony Fauci warned that the US could see 100,000 cases per day. While testifying on Capitol Hill, he told …
Read More »Five Questions About Trump’s Desire To Fire Fed Chair
The recent escalation of President Donald Trump’s feud with the Federal Reserve Chair has rais…
Euro Gains Ground Amid Dollar Weakness Driven by Trade Tensions and Fed Uncertainty
The Euro (EUR) has edged higher against the US Dollar (USD) in subdued trading conditions due to the…
Noor Capital | Mohammed Hashad Interview on Dubai TV – April 17, 2025
Amid ascending warnings that the ongoing trade war could lead to a recession, Mohammed Hashad, Chief…
Is China Withdrawing From US Treasuries?
While Chinese investors are increasingly diversifying away from US Treasuries toward European and ot…
Bitcoin Rises as Hopes for U.S. Trade Negotiations Lift Risk Appetite; Altcoins Rally
Bitcoin climbed on Thursday, rebounding from Wednesday’s lows as investors welcomed signs of possibl…
Russian Rouble Strengthens to 10-Month High Amid Rising Oil Prices, Easing Tensions
The Russian rouble strengthened past the 81 mark against the U.S. dollar on Thursday, reaching its h…
Trump Says China Reaching Out for Talks, Signals Openness to Trade Compromise
U.S. President Donald Trump said Thursday that China has made multiple overtures for renewed negotia…
Japan’s Nikkei Posts Best Week in Three Months on Trade Deal Optimism
Japan’s Nikkei 225 index rose 1.03% on Friday, closing at 34,730.28, marking its highest finish in t…
Oil Prices Jump Over 3% on U.S.-EU Trade Hopes, New Iran Sanctions
Oil prices surged more than 3% on Thursday, marking their strongest daily gain in weeks, as optimism…
Trump Signals Aggressive Tariff Push and Trade Talks with China
In a spirited Oval Office press conference on April 17, 2025, President Donald Trump outlined an amb…
Market Analysis
July, 2020
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1 July 2020 2:39 pm
IFO Sees Europe’s Largest Economy Contracting by 6.7% in 2020
“Germany’s economy will gradually recover after a historic slump due to the coronavirus pandemic and will likely return to last year’s level at the end of 2021,” economic institute IFO said on Wednesday, according to Reuters. IFO sees GDP contracting by 11.9% in Q2 on a quarterly basis and to …
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1 July 2020 2:13 pm
Eurozone PMI Manufacturing Finalized at 47.4
Eurozone PMI Manufacturing was finalized at 47.4 in June, up from 39.4 in May a report by IHS Markit said. The index was in contraction below 50 for 17 consecutive months. and had fallen to 33.4 in April. The report stated: “Eurozone manufacturing sector continues to contract sharply,” “There was …
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1 July 2020 1:54 pm
UK Manufacturing Activity Picked Up in June
After the Great collapse due to COVID 19 pandemic, the UK manufacturing sector returned to recovery after it began to stabilize last June. IHS Markit’s Purchasing Managers Index (PMI) posted 50.1 compared to 40.7 in May, in line with economists’ expectations. PMIs are given on a scale of 0 to …
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1 July 2020 1:13 pm
Dubai’s Economy Shrank by 3.5% in Q1 Amid Coronavirus Pandemic
The government media office in UAE said in a statement issued on Tuesday that Dubai’s real GDP decreased by 3.5% in Q1 year-on-year as the country was hit by the Covid-19 pandemic, according to Reuters. The government said some sectors such as real estate and finance have maintained their strength …
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