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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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20 May, 2026 4:50 pm
Wall Street Eyes Nvidia Showdown: Supertankers Exit Hormuz and Iran Peace Hopes Lift Futures as Bond Sell-Off Pauses
Key Takeaways Futures climb: Dow futures rose 0.5%, S&P 500 futures added 0.6%, and Nasdaq 100 f…
20 May, 2026 2:54 pm
Dollar Hits 6-Week High as Iran War Rate Hike Fears Grip Markets: Chinese Supertankers Exit Hormuz in Cautious Sign
Key Takeaways Dollar at 6-week peak: The DXY rose 0.1% to 99.42, with the euro slipping 0.1% to $1.1…
20 May, 2026 12:57 pm
Bitcoin Steadies Above $77K: Iran Peace Hints and Nvidia Test Collide as Bond Yields Hit Multi-Year Peaks
Key Takeaways Bitcoin edges up: The world’s largest crypto rose 0.4% to $77,175.4 after dippin…
20 May, 2026 11:39 am
Gold Languishes Near April Lows: Iran War Inflation Storm and Near-Record Bond Yields Keep Bullion Trapped
Key Takeaways Gold slips: Spot gold fell 0.3% to $4,468.64 per ounce, while gold futures dropped 0.3…
20 May, 2026 10:20 am
Asian Stocks Tumble as Samsung Strike Looms and Nvidia Test Nears: China Holds Rates for 12th Straight Month
Key Takeaways Broad sell-off: Japan’s Nikkei fell 1.5%, TOPIX slipped 1.7%, KOSPI dropped 2.5%…
20 May, 2026 9:24 am
Oil Eases as Trump Says Iran War to End “Very Quickly”: Record SPR Release and Massive Inventory Draw in Focus
Key Takeaways Modest pullback: Brent crude fell 0.4% to $110.87 per barrel, while WTI dropped 0.3% t…
20 May, 2026 2:29 am
Gold and Silver Crushed as Surging Bond Yields and Hawkish Rate Fears Shake Precious Metals
Gold prices came under intense pressure on Tuesday, falling to their lowest levels in nearly seven w…
20 May, 2026 1:21 am
Dollar Surge Hits Euro and Yen as Rate Hike Fears, Geopolitical Tensions Shake Currency Markets
The US dollar continued to strengthen across global currency markets, placing renewed pressure on th…
20 May, 2026 12:15 am
Oil Surges Again as Hormuz Tensions and Supply Fears Shake Global Markets
Oil prices rebounded sharply after a brief pullback, as renewed tensions surrounding Iran and the St…
19 May, 2026 11:07 pm