English / العربية / Français / Eλληνικά

Economy

Gold Under Pressure

Gold Under Pressure Market comments on behalf of Inki Cho Financial Markets Strategist Consultant to Exness Gold slid after recording three sessions of gains and hitting a month-high as the market positions for a third consecutive weekly gain. The bullish momentum was supported by recent US economic indicators as traders reacted to in flation and retail sales figures. Furthermore, comments from Fed Governor Christopher Waller suggested the possibility of...

Inflation Data Weighs on the Dollar

Inflation Data Weighs on the Dollar by Rania Gule, Senior Market Analyst at XS.com – MENA The USD/JPY pair witnessed a significant drop, starting Thursday’s session around the 155.00 level, near the lower boundary of the short-term descending channel. This decline came after U.S. inflation data showed a slowdown in core inflation, triggering a dollar sell-off and prompting investors to seek refuge in the Japanese yen. This...
spot_img

The Global Economy’s Continued Mixed Performance

The Global Economy's Continued Mixed Performance Bas Kooijman is the CEO and Asset Manager of DHF Capital S.A In a week marked by light news and relatively low...

PayPal Lost Six Million Active Users in a Year

PayPal Lost Six Million Active Users in a Year Despite reporting better-than-expected first-quarter profit and sales, the fintech giant PayPal still counts much less users...

US Stock Futures Surge on Cooling Inflation, Fed Meeting in Focus

US Stock Futures Surge on Cooling Inflation, Fed Meeting in Focus Market analysis on behalf of Ali Jaffari, CFA, Chief Financial Officer at DHF Capital Following...

World Economic Forum Convenes Special Meeting on Global Collaboration

World Economic Forum Convenes Special Meeting on Global Collaboration With geopolitical upheavals and complex economic challenges destabilizing a fractured world, the World Economic Forum Special...

Significant fluctuations in online payment transactions

Significant fluctuations in online payment transactions In the aftermath of recent severe weather conditions the UAE witnessed, global payments solution provider Checkout.com has conducted a...

Gold Awaiting Direction Before NFP

Gold Awaiting Direction Before NFP market analysis on behalf of Fadi Al Kurdi founder CEO FFA Kings Gold paused its ascent after it pulled back from...

Bitcoin price predictions and the secret of pre-halving whales

Bitcoin price predictions and the secret of pre-halving whales Market analysis on behalf of Rania Gule Market Analyst at XS.com The price of Bitcoin (BTC) is...

BITCOIN FLY AND COME BACK TO 71,000 DOLLARS

BITCOIN FLY AND COME BACK TO 71,000 DOLLARS Today's cryptocurrency analysis on behalf of Antonio Ernesto Di Giacomo - Market Analyst Latam at xs.com In a stunning turn...

In Numbers: Extreme Wealth Vs Corporate Power

In Numbers: Extreme Wealth Vs Corporate Power By Syed Sadain Gardazi Forbes Middle East : he fortunes of the world’s five wealthiest people have surged by a...

APIC achieved net profits of USD 19.05 million in 2023

APIC achieved net profits of USD 19.05 million in 2023 Arab Palestinian Investment Company (APIC) announced its consolidated preliminary (unaudited) financial results for 2023. In his statement,...

Pacific Economic Growth Slowing After Post-Pandemic Rebound

Pacific Economic Growth Slowing After Post-Pandemic Rebound The World Bank: Growth in Pacific island countries is estimated to have slowed in 2023 and is forecast...

NASA Cancels $2B Satellite Servicing Test Project Due To Budget

NASA Cancels $2B Satellite Servicing Test Project Due To Budget  By Muhammad Addam Forbes Middle East Staff Forbes Middle East: NASA announced Friday the termination of...