Thursday, May 26, 2022
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Dubai

Tuesday Outlook: World stocks rally on upbeat Wall St earnings; oil prices fall

Dollar softens amid bets other central banks to outpace Fed tighteningA recovery in risk sentiment has weighed on the safe-haven U.S. currencySoybeans fall from 6-day high on ample global suppliesThe most active corn futures were down 0.5% at...

Monday Outlook: Asian shares fall; oil hits fresh highs; Bitcoin near record peak

Oil prices climb to highest in years as COVID-19 recovery, power generators stoke demandBrent touches most since Oct 2018, WTI highest since Oct 2014Dollar wavering as global inflation surges; kiwi jumpsBitcoin loiters near record peakMideast Stocks: Saudi index...

Wednesday Outlook: Asian shares stumble; oil drops; dollar stands tall

Zawya brings you all the latest news and insights relevant to Middle East and global investors in equities, commodities and currencies.Asian shares stumble as U.S. yields, dollar hold firmDoubts are re-emerging over the global recoveryDollar stands tall as...

Tuesday Outlook: Asian markets grapple with Evergrande fallout; oil extends rally

Zawya brings you all the latest news and insights relevant to Middle East and global investors in equities, commodities and currencies.Asian markets grapple with Evergrande fallout, eye China power crunchChina's blue chip index edged up 0.1% at the...

Monday Outlook: Asian stocks rise over stimulus hope; dollar firm

Zawya brings you all the latest news and insights relevant to Middle East and global investors in equities, commodities and currencies.Asian shares rise as U.S. stimulus plans offset virus woesChinese shares rose, with the blue-chip CSI300 index up...

Interview: Citi UAE to hire more as economy opens up this year

As the COVID-19 vaccination rollout brightens the outlook for the economy, Citibank UAE plans to increase its workforce in the consumer business by close to 17 percent this year to strengthen its wealth management and credit-card segments.In an...

Thursday Outlook: Asian stocks at record highs; dollar on back foot

Zawya brings you all the latest news and insights relevant to Middle East and global investors in equities, commodities and currencies.Asian stocks at record highs as Biden inauguration lifts stimulus hopesAfter record high closes on Wall Street overnight,...

Post-merger, NCB Cap to become Saudi’s largest asset management firm: Moody’s

Moody’s Investors Service expects the potential merger between Saudi Arabia’s National Commercial Bank (NCB) and Samba Financial Group to reinforce NCB's asset management arm.“If successfully executed, the merger will bring long-term benefits to NCB Capital including some product...

Wednesday Outlook: Asian shares on a high; oil rises on stimulus hopes

Oil extends gains on hopes of U.S. stimulus and crude stocks drawdownU.S. West Texas Intermediate (WTI) crude futures climbed 23 cents, or 0.4%, to $53.21 a barrelGold gains as U.S. stimulus prospects weigh on dollarGold at $2,000/oz is...

Tuesday Outlook: Oil edges upwards; gold prices rise

Dollar hovers near one-month high as Biden's FX policy takes shapeThe dollar index was 0.1% lower at 90.690 in early Asian tradingBrent crude edges up as optimism over economy trumps demand concernsU.S. West Texas Intermediate crude was at...
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