Tag Archives: FED

Interviewed on Dubai TV on Monday, Mohammed Hashad, Head of Research and Development at Noor Capital and a member of the American Association of Technical Analysts, commented on the most important developments in the global financial markets on the first day of trading week, and most notably: US Mohammed Hashad …

Japan’s Nikkei index ended trading on Monday with a decline as investors remained cautious as they awaited indications from Central Bank of Japan Governor Kazuo Ueda regarding a possible change in ultra-loose monetary policy. The Nikkei fell 0.64 percent to close at 32,758.98 points, and the broader Topix index fell …

Gold prices rose on Monday, supported by weak bond yields, as investors awaited US inflation data scheduled to be published later this week in search of more indications about the path the Federal Reserve will take on interest rates after an easing trend last week. Gold rose in spot transactions …

Last week was ideally key central banks’ week, it is poised to be followed by a relatively quiet week ahead. It was practically a big week for US stocks. US StocksThe Fed’s indication that it may lower interest rates three times in 2024 caused the stock market to surge higher …

The price of WTI oil fell as low as $70.65 in the afternoon and then slightly increased to $72.00. This week, WTI might revert to the opening bids because of intricate technical issues and a danger prompted by the Fed’s dovishness. Global oil demand is declining more swiftly than OPEC’s …

The Dollar Index shows resilience despite the worst weekly performance over one month, hovering at 102.60. The dollar was lifted by strong S&P Global Services PMI figures from December.Dovish bets on the Fed may limit the upward movement. The dollar, measured by the DXY index, is trading at 102.60, posting …

US stocks are currently hovering around their record highs. They are poised to end the longest weekly winning streak in six years. With a 0.1% decrease in morning trade, the S&P 500 is now 1.7% behind its all-time high from early in the previous year. The Dow Jones Industrial Average, …

The Euro has reversed its direction on Friday’s early US session as Federal Reserve President and CEO, John Williams, cooled hopes of interest rate cuts in March. This was offset by a downbeat US NY Empire State Manufacturing Index, which fell to -14.5 its lowest level in the last 7 …

The dollar is on track to record its largest weekly decline against other major currencies since July, affected by the increasing possibility of a cut in US interest rates next year, while the euro and the pound received support on Friday as central banks in Europe continue their tendency to …

Japan’s Nikkei index achieved gains on Friday, supported by the cessation of the yen’s rise, which was affecting the earnings expectations of exporting companies. The Nikkei ended Friday’s session up 0.87 percent to 32,970.55, recording a weekly gain of 2.05 percent, ending a series of losses for two consecutive weeks. …