United Arab Emirates President Sheikh Mohammed bin Zayed Al Nahyan's tour of Gulf countries is aimed at coordinating positions after Tuesday's Israeli attack on Hamas leaders in Doha, his diplomatic adviser said on Thursday. "The President's Gulf tour reflects a deep conviction in strengthening coordination and cooperation, and in reinforcing the concept of a common destiny," Anwar Gargash said in a post on X. Israel attempted on Tuesday to kill Hamas political leaders in an airstrike on the Qatari capital, escalating its military campaign in the Middle East and prompting a flurry of...
Gold prices rose on Wednesday (15/1) as the US dollar and Treasury yields weakened, while market participants awaited US inflation data for clues on the Federal Reserve's interest rate strategy. In addition, an upbeat US monthly jobs report released on Friday reaffirmed the Federal Reserve's (Fed) hawkish outlook and kept US Treasury bond yields elevated, which contributed to driving flows away from non-yielding Gold prices. Source: Newsmaker.id
The Hang Seng rose 66 points, or 0.3%, to close at 19,286 on Wednesday, rising for a second session amid gains mainly from financials and property. The index eased off a near four-month low after China's central bank today injected the second-largest amount of cash into the economy via 7-day reverse repos to meet demand ahead of the Lunar New Year. Meanwhile, data on Tuesday showed that new yuan loans jumped in December after falling to their lowest since 2012 in November. However, further gains were capped by concerns over trade tensions between Beijing and Washington, with the U.S....
Silver prices are still struggling in the early European trading session, when the news was made Silver was trading at around $29.96 on Wednesday (15/1). This is supported by market players still focusing on the US inflation data that will be released. While investors expect to support the US Federal Reserve's (Fed) decision to maintain interest rates at the current level in January. Note: This article is only an analysis and not a definitive reference. Pay attention to the development of fundamental and technical aspects in transactions before making investment decisions. Source:...
Gold prices extended gains after U.S. inflation data came in slightly weaker than expected, giving investors a faint hope that the Federal Reserve will continue its path of easing interest rates this year, which weakened the dollar.Spot gold rose 0.3% to $2,671.27 per ounce. U.S. gold futures settled 0.1% higher at $2,682.30. The data showed the Producer Price Index (PPI) rose 3.3% on an annualized basis in December, compared with a 3.4% increase expected by economists polled by Reuters.The cooler PPI data sent the U.S. dollar index lower and that helped the bullion market, as lower...
Silver prices edged up in midday US trading on Tuesday after falling more than 3% in the previous session, as the dollar weakened following weaker-than-expected US inflation data. Looking ahead, investors are focused on US consumer price index data for further insight into the Fed's policy direction. Despite the recent decline, silver has surged nearly 3% last week, marking its best weekly performance since mid-November. Silver continues to find support from strong industrial demand, particularly in renewable energy and electronics, as well as ongoing supply concerns. Source: Newsmaker.id
China's official NBS Manufacturing PMI increased to 49.7 in June 2025 from May's 49.5, matching market expectations while marking the third consecutive month of contraction in factory activity.
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Both the STOXX 50 and STOXX 600 hovered around the flatline on Friday, as investors adopted a cautious stance ahead of further developments in trade talks between US President Trump and Chinese...
Less than four months ago, President Donald Trump met with Qatar's leader, praised his magnificent palace, and signed a comprehensive defense agreement with the Gulf monarchy, a key ally that hosts...