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...
Wall Street banks to report quarterly results
by Antonio Di Giacomo, Senior Market Analyst at XS.com
The quarterly earnings of several Wall Street banks will serve as a key indicator of market optimism following Donald Trump's election, which raised expectations for pro-business policies. This reporting period is crucial for understanding how financial institutions are navigating the current economic environment, especially after the volatility caused by political and...
New COVID-19 Law Lab to provide vital legal information and support for the global COVID-19 response
Launching today, the COVID-19 Law Lab initiative gathers and...
Etihad Airways partners with sitata to launch interactive map with Covid-19 information
Etihad Airways, the national airline of the UAE, has partnered with Sitata, a...
Saudi Arabia among top 50 global countries in research share according to Nature Index Tables 2020
In the Nature Index 2020 Annual Tables*, Saudi Arabia...
Technology sector stocks most profitable with 30% average ROI
Data gathered by Buyshares.co.uk indicates that the technology sector stocks are most profitable with a 30.65% ...
People living longer and healthier lives but COVID-19 threatens to throw progress off track
All over the world, the COVID-19 pandemic is causing significant loss of life,...
COVID-19 Puts Over Half of 2020 Passenger Revenues at Risk
The International Air Transport Association (IATA) released updated analysis showing that the COVID-19 crisis will...
Ebola outbreak in the Democratic Republic of the Congo
That moment was the celebration of a woman being discharged from an Ebola treatment centre in Beni. Her...
Russia counts on oil production growth as OPEC production cuts
As Russia’s statistic agency reports that 2019 was another year of record oil production, with...