News

The U.S. dollar rose against most major currencies on Tuesday, continuing its upward trend that pushed it to its highest level in over two months. This movement was supported by expectations that the Federal Reserve will continue to…
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The Pound Sterling fell to a two-month low on Wednesday following weaker-than-expected inflation data from the UK. This data opened the door for the Bank of England to accelerate the pace of interest rate cuts. Meanwhile, the euro hit its…
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Oil prices saw a significant decline at the start of this week’s trading, wiping out all the gains made last week. This drop was due to investor disappointment in China’s announced stimulus plans, which failed to meet market expectations…
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The U.S. dollar remained steady at its recent highs on Monday as investors processed China’s weekend stimulus announcements, which fell short of expectations. Meanwhile, the euro continued its decline ahead of the European Central Bank…
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In an anticipated move to boost China's struggling economy, China announced on Saturday its intent to "significantly increase debt," without providing any details on the size of the stimulus package, leaving investors in suspense about how…
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Bank of America reported that stock purchases by its clients saw a slight improvement last week, with $0.6 billion flowing into the market after a series of outflows. Client investments were focused on individual stocks and exchange-traded…
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Oil prices saw an additional rise on Monday, with Brent crude nearing the $80 mark, continuing last week's gains, which were the largest since early 2024. The increase was driven by concerns about a potential expansion of the conflict in…
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According to a report issued by HSBC Bank, the recent rise in gold prices appears to be slowing, and the precious metal could see further declines unless there is a significant escalation in geopolitical risks. Gold reached a record high…
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The U.S. dollar rose on Wednesday amidst global market uncertainty, with the Dollar Index, which measures the performance of the U.S. currency against a basket of six major currencies, increasing by 0.1% to reach 100.969. This followed a…
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The euro strengthened on Monday following the release of German inflation data, while commodity-linked currencies gained amid hopes for a recovery in China’s economy. Meanwhile, the Japanese yen remained steady as markets reacted. On the…
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