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...
Travel and Tourism Industry Fully Recovering to Pre-COVID-19 Levels
The global travel and tourism sector is bouncing back after the hardest two years in its...
Tourism in Palestine in figures
The Palestinian Central Bureau of Statistics (PCBS), in cooperation with the Palestinian Ministry of Tourism and Antiquities, issued a press...
Aqaba Development Corporation Signs Multiple Agreements
AD Ports Group, a leading facilitator of trade and logistics, has strengthened its regional footprint by signing a number...
Tourism, retail expected to fuel Dubai’s economic growth in 2022
Dubai economy is expected to see sustained economic growth in 2022 supported by an expected...
DUBAI ICOMIA Conference in Dubai: key international industry professionals
The ICOMIA World Marinas Conference 2021 (IWMC) held at The Address Dubai Marina, Dubai saw the...
UAE-India Economic Forum 2019 to Focus on New Investment Opportunities
The UAE has been India’s evergreen growth partner, through trade, investments, job creation and remittances....