Search Results for: Dollar
Oil prices stable on strong Chinese imports, OPEC-led production cuts
February 10th, 2017
Oil prices were stable on Friday, supported by strong Chinese crude imports and OPEC-led production cuts, although ample U.S. fuel inventories weighed on the market. Brent crude futures LCOc1, the international benchmark for oil prices, were trading at $55.68 ...
Salaries in the Middle East to see slight increase in 2017
February 9th, 2017
The strongest salary growth of 3 per cent is expected in the procurement and supply chain sector Salaries in the Middle East are anticipated to increase by an average of 2 per cent this year, according to a new ...
Strengthening ruble boosts Russian imports
February 9th, 2017
Russian imports surged 36.4 percent year on year in January, as the ruble strengthened significantly, becoming the world’s best-performing currency last year. In the first month of the year, Russia imported $11.1 billion worth of products from non-CIS countries, ...
The Reserve Bank of New Zealand left the Official Cash Rate unchanged
February 9th, 2017
The Reserve Bank of New Zealand has issued a Monetary Policy Statement for February 2017 to inform for its decision to keep the Official Cash Rate (OCR) unchanged at 1.75 percent. According the Policy Statement: The recovery in commodity ...
Asian Bonds Gain, Kiwi Falls, Yen Slipped
February 9th, 2017
Asian Bonds Gain While China Shares Extend Rally Kiwi falls after New Zealand central bank holds rates Euro-dollar volatility surges amid French election buildup Political uncertainty continues to drive financial markets, with Asian bonds following a rally in Treasuries. ...
Yen climbs after the nation’s central bank move
February 8th, 2017
Yen climbs, Oil Slumps Before India Rates Decision Japan currency reverses loss as BOJ offers to buy bonds Energy shares decline as crude falls for third straight day The yen rose after the nation’s central bank offered to buy ...
Oil prices rise on the heels of sharp losses; production data ahead
February 7th, 2017
Crude oil prices rose slightly on Tuesday, though investors are eagerly awaiting production and inventory data from the Organization of the Petroleum Exporting Countries. On the New York Mercantile Exchange, light, sweet crude futures for delivery in March CLH7, ...
Asian Equities Decline While Aussie, Kiwi Advance
February 7th, 2017
Gold eases after three-day advance, Treasuries continue gains Yen fluctuates after touching highest level since November Asian stock markets were mixed and the dollar strengthened as investors eased up after political uncertainty sent them toward haven assets. The Aussie ...
Looking to find a job in UAE? These are the top sectors hiring in UAE today
February 6th, 2017
UAE professionals with healthcare qualifications and experience are more likely to find a job today than most of their peers, as the industry continued to show a high demand for new talent. Across the Middle East, there are job ...
Pound to Euro Exchange Rate: Week Ahead Forecast
February 6th, 2017
Pound Sterling has pulled reversed recent gains against th Euro after being rejected at highs at 1.18 and is seen valued at 1.1580 ahead of the new week. Although the fundamental backdrop looks marginally more supportive to the Euro ...
