The seasonally adjusted IHS Markit/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) eased to 64.2 in June versus 64.0 expected and 65.6 – May’s final reading.
Read More »Dubai TV Interview, June 21, 2021
Speaking to Dubai TV on Monday, Mohamed Hashad, Director of Research and Development at Noor Capital, explained the recent developments impacting global markets, with anticipation for the upcoming events. Oil We can say that oil is one of the most important tools that has moved significantly over the past weeks …
Read More »Britain Records a Significant Increase in Infections With the Delta Variant
Data from the Public Health Authority in Britain revealed a significant new increase in weekly infections with the Delta strain of the Coronavirus after Prime Minister Boris Johnson decided to postpone the final lifting of the restrictions on the general closure. The Public Health Authority detected 33,630 new infections with …
Read More »Britain is Considering Easing Travel Restrictions For Those Who Have Received The Corona Vaccine
Britain is considering easing travel restrictions for those who have received the two doses of the Covid-19 vaccine, in a move to placate airlines that threaten legal action against the government’s stringent restrictions on travel abroad. Pressure is mounting on the aviation sector, as companies seek to ease restrictions before …
Read More »Britain Records The Highest Daily Death From Corona Cases Since February
Britain recorded the highest daily number of new cases of Coronavirus since February, which increases indications of the spread of a new, highly contagious mutation first discovered in India. The government recorded 9,055 cases of infection, which is the largest number since February 25, and more than a fifth of …
Read More »UK Inflation Hits 2.1%
Inflation in Britain unexpectedly jumped, exceeding the target of the Bank of England in May, reaching 2.1%, in the context of the rise in prices after the end of the general isolation measures from Corona, which is expected to gain momentum. This acceleration of the consumer price index after recording …
Read More »Dubai TV Interview, June 14, 2021
Speaking to Dubai TV on Monday, Mohamed Hashad, Director of Research and Development at Noor Capital, explained the recent developments impacting global markets, with anticipation for the upcoming U.S. Federal Reserve meeting. Federal Reserve Last week, we saw clear market movements following the release of inflation data in the United …
Read More »UK Retail Sales Are Falling Again After April Spree
British retailers said sales were back to normal levels earlier this month after a surge in demand in April, as the easing of lockdown restrictions allowed unnecessary stores to reopen for the first time sinceMonths. The Confederation of British Industry said its monthly index of whether sales are more or …
Read More »Tech Companies Take Center Stage in Today’s News
A number of news reports and stories by major international media outlets on Monday shined a light on the rising importance of technology companies in the world economy, as well as their intersection with the issues of privacy and political conflicts. In India, the police announced that they visited a …
Read More »BoE’s Bailey Expects Limited Impact from Rising Inflation
The Bank of England (BoE) Governor Andrew Bailey is not expecting long-term impacts from thw recent surge in consumer prices. The inflation rate in the United Kingdom (UK) rose last month to 1.5%, compared with 0.7% in March, as the economy recovers from the coronavirus pandemic, and amid rising energy …
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