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...
Goldman Sachs, Morgan Stanley held 24% of Wirecard voting rights before the collapse
Data obtained by Buyshares.co.uk indicates that Goldman Sachs Group and Morgan Stanley accounted for...
Shareholders prioritized as big oil’s first quarter earnings slump
Earnings of major international oil and gas producing companies have suffered in the first quarter of...
The General Assembly of APIC ratifies distributing USD 10.5
Arab Palestinian Investment Company (APIC) held its ordinary and extraordinary general assembly on Thursday, May 2, 2019,...
Net profit attributed to the shareholders of (APIC) raised to USD 13 million
Arab Palestinian Investment Company (APIC) announced its consolidated preliminary (unaudited) financial results...