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...
Global academics and young people bring first Riyadh Philosophy Conference to a close
The inaugural Riyadh Philosophy Conference closed today after three days in which...
Global sukuk issuance to fall slightly in 2021 as financing needs ease
Gross long-term global sovereign sukuk issuance will amount to $96 billion in 2021,...
Azimut strikes an acquisition to enter the Egyptian asset management industry
Azimut Group (“Azimut”), one of Europe’s leading independent asset manager, signed today an agreement...
