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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 …
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14 May, 2026 2:47 pm
Sterling Stumbles Despite UK GDP Beat: Westminster Drama and Energy Shock Cloud the Pound’s Path
Key Takeaways Pound slips: GBP/USD fell 0.01% to 1.3520, while EUR/USD eased 0.02% to 1.1712. Strong…
14 May, 2026 1:26 pm
Gold Edges Up as Trump-Xi Strike Friendly Tone in Beijing: India’s Tariff Bombshell Threatens Demand Crunch
Key Takeaways Mixed gold action: Spot gold edged 0.3% higher to $4,700.25 per ounce, while U.S. gold…
14 May, 2026 12:30 pm
Oil Eases as Trump-Xi Strike Conciliatory Tone in Beijing: IEA Warns of Undersupplied 2026 as Iran War Drags On
Key Takeaways Modest pullback: Brent crude fell 0.4% to $105.18 per barrel, while WTI slipped 0.7% t…
14 May, 2026 11:33 am
UK Economy Defies Iran War Shock with 0.6% Q1 Boom — But Storm Clouds Gather as Peak May Already Be Behind
Key Takeaways Q1 GDP beats expectations: UK economy grew 0.6% quarter-on-quarter, accelerating from …
14 May, 2026 1:32 am
Dollar Dominance Pressures Yen, Euro Amid Energy Shock and Diverging Economic Data
Global currency markets witnessed a clear divergence in recent sessions as the US dollar extended it…
14 May, 2026 12:11 am
Bitcoin Slips as $304M in Crypto Longs Vanish After Inflation Shock
The cryptocurrency market faced a sharp reality check this week as Bitcoin tumbled from its recent p…
13 May, 2026 11:50 pm
Fed Officials Sound Inflation Alarm as Middle East Tensions Cloud Rate Path Outlook
Federal Reserve Bank of Minneapolis President Neel Kashkari has reiterated that inflation remains “t…
13 May, 2026 11:13 pm
Warsh Confirmed as Fed Chair: A New Era of Interest Rate Power, Political Pressure, and Market Uncertainty
The U.S. Senate has confirmed Kevin Warsh as the new chair of the Federal Reserve in a closely watch…
13 May, 2026 10:13 pm
Trump Xi Summit in Beijing Targets Trade Truce, Chip Controls, and Rare Earth Leverage
In a long-awaited return to Beijing after years of strained relations, US President Donald Trump arr…
13 May, 2026 9:47 pm
Pound Slides as Starmer Pressure and US Inflation Fears Boost the Dollar
The British Pound remained under pressure against the US Dollar as investors reacted to a powerful m…
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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