The assassination attempt on US President and 2024 presidential candidate Donald Trump put the financial markets to a difficult test as a new week of trading began.The markets showed slight confusion at the beginning of trading on Monday, but risk appetite quickly took control of the price movement in the …
Read More »Congress Unveils Spending Plan to Avoid Partial Government Shutdown
Congress finally revealed a $1.1 trillion spending plan to finance homeland security, defense, and other initiatives after many days of delays. Though Congress have less than 48 hours to take action, this move is an attempt to avoid a partial US government shutdown. The deal will be voted on by …
Read More »Crypto companies ask Democrats for easier legislative stance
Bothered by a US Securities and Exchange Commission crackdown, cryptocurrency companies are renewing their efforts on Capitol Hill to reap support for legislation that they hope will control the organization and provide the sector regulatory clarity.According to 6 executives, the Blockchain Association, Chamber of Digital Commerce, Crypto Council for Innovation, …
Read More »Republican leader anticipates debt ceiling bill passing
US Senate Republican Leader Mitch McConnell is helping to steer crucial legislation to raise the debt ceiling past Senate conservatives but he says “We anticipate debt ceiling bill passing,” and claims that the bill is expected to come to the Senate as soon as Thursday.The US House of Representatives is …
Read More »Crude oil prices retreats on debt ceiling stalemate
After Republicans boycotted talks with President Biden over raising the debt ceiling, the price of oil reversed gains and fell on Friday. The US Dollar falls as demand for safe-haven assets declines as concerns over the debt ceiling ease; oil is primarily priced in USD. After House Speaker McCarthy left …
Read More »Yellen: Treasury’s borrowing costs had already increased for early June
The US Treasury Department reiterated Monday it expects to be able to pay the US government’s bills only through June 1 without a debt limit increase, increasing pressure on congressional Republicans and the White House to reach a deal in coming days.The news also quotes US Treasury Secretary Janet Yellen …
Read More »Noor Capital | Interview with Muhammad Hashad on Dubai TV – May 15, 2023
نور كابيتال | لقاء محمد حشاد على شاشه دبي – 15 مايو 2023 Dubai TV interviewed Mohammed Hashad, Director of Research and Development at Noor Capital and the member of the American Society of Technical Analysts, to comment on the most important developments in the financial markets and their impact …
Read More »Noor Capital | Interview with Mohammed Hashad on Dubai TV – Feb 13, 2023
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: The impact of …
Read More »Noor Capital | Interview with Mohammed Hashad on Dubai TV – January 30, 2023
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: oil Oil is …
Read More »Why is Biden refusing to negotiate on debt ceiling?
Joe Biden’s most important decision for this year has already been made. Biden and his top advisers indicated that they will reject demands from the new Republican majority in the House of Representatives to link increasing the debt ceiling with cutting federal spending. Instead, Biden is insisting that Congress pass …
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