Friday, May 17, 2024

Economy

The volatility in the performance of the region’s markets comes with fears of an oil slump and rising interest rates

Dubai Financial MarketMajor stock markets in the Gulf region fell on Thursday as investors continued to remain cautious in light of falling oil prices...

The greenback is falling despite Jerome Powell’s statements about raising interest rates

USD against a basket of currenciesThe U.S. dollar fell against a basket of currencies on Wednesday after Federal Reserve Chairman Jerome Powell's comments about...

Most Gulf stock markets ended higher ahead of Powell’s testimony via Reuters

© Reuters. Saudi traders follow the movement of stock trading at the Saudi Stock Exchange in Riyadh, in a photo from the Reuters...

Wall Street starts the week lower on interest rate worries

US stocksWall Street's major indexes fell on Tuesday as better-than-expected housing data fueled fears the U.S. Federal Reserve will raise interest rates, while Tesla...

Fed’s Interest Rate Signals Are ‘Crazy’… Stay tuned for more alarming scenarios by Investing.com

© Reuters. Investing.com - The newly released median forecast from the FOMC calls for the bank to hold rates at 5.6% by the end...

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