Market comment
Market comment on behalf of Ruben Ferreira - Head of Portuguese Operations at FlowCommunity
Gold remains under pressure, declining for three consecutive sessions to its lowest level in a month, largely due to a stronger U.S. dollar and reduced safe-haven demand. Amid the broader market reassessment of fiscal and monetary strategies following Trump re-election, there is a marked rotation into riskier assets as market participants...
Neom City tenders revitalize construction sector
Saudi Arabia’s masterplan Neom megaproject is steadily progressing from the drawing board. After five years of spending cuts, the growing...
Asian shares step back from two-week highs
Asian shares retreated from two-week highs on Thursday and China started on the backfoot on fears central banks...
Corona virus trumps Middle East’s impact on oil prices
“The Gulf region, and Dubai in particular, is a major travel and business hub between Asia...
