Commodities market comment
Today’s market analysis on behalf of Ahmad Assiri Research Strategist at Pepperstone
Gold
Amidst the shifting sands of global trades, gold continues to shine as a pivotal hedge against the turbulence wrought by tariff policies and trade war. With the rollout of tariffs on imports from Canada and Mexico, coupled with ramped-up duties on China, there has been a noticeable surge in gold buying. This...
Gold Ends -Eigh Wteek Winning Streak, Hits New Low Near $2,833/Oz
Written by Linh Tran, Market Analyst at XS.com
Gold ended last week down near $2,858 per ounce as economic data indicated a complex inflation situation and the strength of the U.S. dollar was reinforced by market expectations that the Fed would maintain its hawkish stance.
Last Friday, gold officially ended an eight-week winning streak. On the same...
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...
UAE Hosts Regional Senior Budget Officials Network for the Middle East and North Africa
The UAE Ministry of Finance is hosting the 13th annual meeting...
DAE announces Financial Results for the three months ended March 31, 2021
Dubai Aerospace Enterprise (DAE) Ltd today reported its financial results for the three...
India unveils budget in wake of COVID slump, proposes doubling healthcare spending
By Manoj Kumar and Aftab Ahmed, Reuters News
NEW DELHI - Unveiling an annual budget...
