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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 …
Read More »Wall Street Stumbles as Iran Warships Standoff Erupts: GameStop’s $56B eBay Bid Steals the Spotlight
4 May, 2026 4:31 pm
Wall Street Stumbles as Iran Warships Standoff Erupts: GameStop’s $56B eBay Bid Steals the Spotlight
Key Takeaways Futures slip: Dow futures fell 213 points (-0.4%), S&P 500 futures dropped 0.2%, a…
4 May, 2026 4:20 pm
Oil spikes as conflicting reports emerge over alleged Iranian strike on US warship
Key Takeaways Crude oil prices surged more than 4% during the European session, with WTI near $103.5…
4 May, 2026 3:29 pm
Gold Stuck in Limbo: Iran War Inflation Fears and Hawkish Central Banks Crush Bullion’s Safe-Haven Shine
Key Takeaways Prices steady: Spot gold held at $4,612.98/oz, while gold futures slipped 0.4% to $4,6…
4 May, 2026 2:39 pm
Bitcoin Smashes Past $80K to Three-Month High: ETF Tsunami Powers Rally as Strategy Hits Pause Button
Key Takeaways Three-month peak: Bitcoin surged 2.7% to $80,286.5, riding a near 12% gain in April on…
4 May, 2026 1:55 pm
Yen Holds Gains After Tokyo’s $35 Billion Intervention Strike: Analysts Warn Macro Tide Still Works Against Currency
Key Takeaways Yen edges up: USD/JPY slipped 0.1% to 156.92, retreating slightly from an earlier clim…
4 May, 2026 1:10 pm
Europe Treads Water as Trump’s Hormuz Rescue Bid Meets Mine-Strewn Reality
Key Takeaways Muted European open: The Stoxx 600 and DAX both rose 0.2%, while the CAC 40 and FTSE 1…
4 May, 2026 12:34 pm
RBA Set to Pull the Trigger Again: Third Rate Hike of 2026 Expected as Iran War Inflation Bites
Key Takeaways Hike widely expected: The RBA is anticipated to raise rates by 25 basis points to 4.35…
4 May, 2026 11:42 am
Oil Holds Above $100: Trump’s Hormuz Rescue Pledge Falls Flat as OPEC+ Hikes Output on Paper Only
Key Takeaways Modest gains: Brent crude rose 0.6% to $108.84 per barrel, while WTI added 0.6% to $10…
4 May, 2026 3:23 am
Weekly Recap: Historic Central Bank Stances, Earnings Act as Market’s “Safety Valve”
While some weeks pass in silence, others redraw the global economic map. The trading week of April 2…
2 May, 2026 12:33 am
Gold Attempts to Glitter as Dollar Weakens
Gold prices climbed above the $4,600 mark, extending gains as Japan’s intervention in currency marke…
Market Analysis
July, 2020
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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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