{"id":79869,"date":"2023-02-13T18:30:22","date_gmt":"2023-02-13T14:30:22","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=79869"},"modified":"2023-02-14T08:41:57","modified_gmt":"2023-02-14T04:41:57","slug":"noor-capital-interview-with-mohammed-hashad-on-dubai-tv-feb-13-2023","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/noor-capital-interview-with-mohammed-hashad-on-dubai-tv-feb-13-2023\/02\/13\/general\/","title":{"rendered":"Noor Capital | Interview with Mohammed Hashad on Dubai TV \u2013 Feb 13, 2023"},"content":{"rendered":"\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"\u0646\u0648\u0631 \u0643\u0627\u0628\u064a\u062a\u0627\u0644 | \u0644\u0642\u0627\u0621 \u0645\u062d\u0645\u062f \u062d\u0634\u0627\u062f \u0639\u0644\u0649 \u0634\u0627\u0634\u0647 \u062f\u0628\u064a \u2013 13 \u0641\u0628\u0631\u0627\u064a\u0631 2023\" width=\"618\" height=\"348\" src=\"https:\/\/www.youtube.com\/embed\/kmkyBIFwRkQ?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>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:<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>The impact of the Russian decision to cut half a million barrels<\/strong><\/p>\n\n\n\n<p>Russia has become a significant player in the oil markets, and all decisions issued by the Russian side must be monitored. We saw strong movements in crude oil prices, recording more than 3% gains. The Russian side surprised the markets with the possibility of reducing production by half a million barrels per day, equivalent to 5% of the Russian output, significantly impacting oil prices. It started attacking the $80 level, and concerns about supply shortages returned, and thus we witnessed a rise in oil prices during the past week.<\/p>\n\n\n\n<p><strong>Will oil prices reach $100 per barrel as some analysts predicted?<\/strong><\/p>\n\n\n\n<p>The current market data indicate the possibility of an increase in prices with the continuation of geopolitical tensions and the Russian-Ukrainian crisis, in addition to the reopening of the Chinese economy, as China is the second largest consumer of oil in the world, which increases the global oil demand.<\/p>\n\n\n\n<p>The Kingdom of Saudi Arabia has raised oil shipments to Asia. This is because it expects the return of Chinese demand For oil, which is one reason that pushes a barrel of oil to 100 dollars. It may even reach 110 dollars a barrel during the year 2023, and I expect this to happen as soon as the central banks begin to abandon raising interest rates.<\/p>\n\n\n\n<p><strong>How likely is gold to return to $2,000 this year?<\/strong><\/p>\n\n\n\n<p>Data in the markets indicate that we may see an ounce of gold around the $2,000 level when central banks begin to end the wave of tightening, with the continuation of political tensions, so gold is considered a safe haven for investors.<\/p>\n\n\n\n<p><strong>Interest rates in the United States<\/strong><\/p>\n\n\n\n<p>Some expectations indicate that the interest rate may reach 6%, and the markets are waiting for inflation data this week. We may witness a rise in inflation. We may see levels of 6%, especially with the Fed targeting the 2% target, and the inflation target will not be achieved until demand declines. I expect inflation to rise tomorrow and, thus, monetary policy tightening.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 the Russian decision to cut &hellip;<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[7540,8159,7487,7589,6885,7603,7588],"class_list":["post-79869","post","type-post","status-publish","format-standard","","category-general","tag-chinese-economy","tag-crude-oil-prices","tag-debt-ceiling","tag-democrats","tag-fed","tag-gold-prices","tag-republicans"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/79869","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=79869"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/79869\/revisions"}],"predecessor-version":[{"id":79871,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/79869\/revisions\/79871"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=79869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=79869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=79869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}