Gold prices went up on Monday amid expectations of a US rate cut in September and rising geopolitical tensions in the Middle East.
Spot gold was up 0.5% at $2,397.65 per ounce. US gold futures climbed 0.7% to $2,396.70.
The US central bank’s Federal…
The Japanese yen strengthened on Monday, reversing earlier declines, as an escalation in Middle-East tensions ignited safe-haven demand for the Japanese currency.
The dollar was last down 0.17 percent at 153.51 yen after slipping as much as 0.35 perc…
The Japanese Nikkei index closed up by more than two percent, on Monday, from its three-month low, recorded in the previous session.
The index have recovered, supported by improved investor sentiment following Wall Street’s rise at the end of last we…
European shares kicked off the week on a positive note, buoyed by the global oil sector amid fears of a widening conflict in the Middle East and as a raft of upbeat earnings updates also lifted the overall market sentiment.
The pan-European STOXX 600…
Doha: HE Governor of Qatar Central Bank (QCB) Sheikh Bandar bin Mohammed bin Saoud Al-Thani met on Monday with Regional CEO, Middle East, North Africa and Turkiye at HSBC Stephen Moss, who is visiting the country.
During the meeting, the two sides di…
Oil prices rose on Monday, paring last week’s losses, amid fears of a wider conflict in the Middle East following a rocket attack on the Golan Heights.
Brent crude futures rose 20 cents, or 0.3%, to $81.33 a barrel by 00:10 GMT. US West Texas Interme…