Search Results for: Arab markets
UK pound retreated further from last week’s gains
September 17th, 2019
The pound retreated further from last week’s gains following a heated remarks by Luxembourg Prime Minister Xavier Bettel on Monday showing that the gap between the British and European Union positions on Brexit remained far apart. Bettel lashed out ...
Emerging-Market currencies drop; Latam stocks fell sharply
January 23rd, 2019
Latin American stocks fell sharply on Tuesday, in line with world stocks, as global growth slowdown fears gripped markets after the International Monetary Fund cuts its growth forecast. The IMF revised its 2019 global growth forecast lower than what ...
Some forecasters remain positive on oil prices and demand going into 2019
December 12th, 2018
Despite dramatic slides in the oil market, some forecasters remain positive on prices and demand going into 2019. A year ahead outlook report from Bank of America Merrill Lynch expects Brent crude to regain its recent losses in 2019 ...
Oil prices jumped by more than 5 percent on Monday
December 3rd, 2018
Oil prices jumped by more than 5 percent on Monday after the United States and China agreed to a 90-day truce in a trade dispute, and ahead of a meeting this week of the producer club OPEC that is ...
Oil prices fall; Brent has lost more than 16 percent in value since early October
November 5th, 2018
Oil prices fell on Monday as the start to U.S. sanctions against Iran’s fuel exports was softened by waivers that will allow some countries to still import Iranian crude, at least temporarily. Front-month Brent crude futures were at $72.39 ...
FCA published UK’s policy and regulatory approach to cryptoassets
October 30th, 2018
The Financial Conduct Authority (FCA) has, as part of a Treasury (HMT) led Cryptoasset Taskforce published a report on the UK’s policy and regulatory approach to cryptoassets. The Taskforce Report has considered the policy and regulatory implications of distributed ledger ...
Global sell-off takes toll on Latin America stocks, forex
October 24th, 2018
Latin American stocks dropped on Tuesday, led by a 1.6 percent slide in Brazilian equities, swept up in a global sell-off sparked by concerns about Saudi Arabia’s diplomatic isolation, a brewing spat over Italy’s finances and fatigued U.S. corporate ...
What to watch in European stocks
October 23rd, 2018
Here what investors watch ahead of the market open in Europe: Unprecedented Steps Italy continues to hog attention in European markets, and there’s no reason Tuesday should be any different. After the government continued a staunch defense of its ...
Euro, Sterling try to steady as traders keep wary eye on Italy budget, Brexit
October 22nd, 2018
The euro and the British pound managed to hold steady against the dollar on Monday as investors cautiously awaited developments around Brexit as well as Italy’s budget plan which drew heavy criticism from the European Union. The dollar was ...
Gold prices rise as global stocks drop
October 19th, 2018
Gold has risen overnight as renewed weakness in global stock markets spurred investors to seek refuge in bullion, which has also been helped by an improved technical outlook. Spot gold rose 0.3 per cent to $US1,226.11 per ounce, while ...
