Markets

Oil prices climb 0.2 percent to $77.21 after steep losses amid Trump concerns, demand uncertainty

DeepSeek questions the need for data center investments, suggesting fewer centers may lower energy demand

UAE gold prices fall AED3.5, global rates rise as focus shifts to Fed meeting

China's net gold imports through Hong Kong fell 84 percent in December, dropping to their lowest since April 2022

Oil prices decline 1.2 percent to $77.59 as Trump’s policies, China’s weak data impact market

Oil markets faced pressure from weak PMI data from China, indicating ongoing struggles in business activity

UAE gold prices dip AED1.5, global rates fall as Fed’s rate decision nears

The U.S. dollar index gained 0.28 percent to 107.74, making bullion less attractive for other currency holders

UAE gold prices surge AED3.5, global rates hit 3-month high

The dollar lost over 1 percent this week, recording its worst weekly fall in two months

Oil prices fall 0.6 percent to $77.82 as Trump pushes for lower crude prices, higher U.S. production

West Texas Intermediate crude futures dropped 0.6 percent to $74.21 per barrel

Oil prices fall 0.3 percent to $78.8 amid Trump policies, U.S. production concerns

West Texas Intermediate crude futures dropped by 0.2 percent, settling at $75.27 per barrel

UAE gold prices dip AED1.25, global rates ease on stronger dollar

Investors will look forward to Trump's speech at the World Economic Forum for more concrete announcements on tariffs

Oil prices dip to $79.24 amid Trump’s push for increased energy production

Market participants are focusing on upcoming U.S. inventory data for insights into supply dynamics

UAE gold prices surge AED3.5, global rates hit 11-week high on Trump policy concerns

The Fed will meet next week and is expected to hold its benchmark rate steady at the meeting

UAE gold prices gain AED2.5, global rates rise as markets await Trump’s tariff plans

The dollar weakened to a nine-day low of 107.95 during the inauguration speech, before recovering above the 108.00 level

Oil prices drop to $80.6 as Trump declares national energy emergency

West Texas Intermediate crude futures saw a 0.9 percent decline, reaching $76.69 per barrel

Bitcoin hits new record high of $109,588 ahead of Trump’s inauguration

In the last year, Bitcoin has surged over 158 percent 

Oil prices up 0.2 percent to $80.91 amid supply concerns, Trump’s inauguration caution

West Texas Intermediate crude futures also rose by 0.2 percent to $77.56 per barrel

UAE gold prices largely steady, global rates rise ahead of Trump’s inauguration

The Federal Reserve will likely hold interest rates steady on January 29

Oil prices climb to $81.63, 0.4 percent surge driven by strong Chinese economic data

Crude oil WTI futures expiring in March rose 0.5 percent to $78.24 a barrel

UAE gold prices rise AED1.5, global rates set for third weekly gain on Fed rate cut bets

Gold rose to its highest since December 12 after several sets of U.S. economic data pressured Treasury yields further

OPEC projects 1.4 million barrels per day increase in oil demand for 2026

The 2026 outlook matches OPEC's long-term view that oil consumption will keep increasing over the next two decades

UAE gold prices rise AED1.5, global rates hover near 1-month high

Easing underlying inflation in the U.S. renewed hopes of a less restrictive Fed policy this year

Oil prices rise to $82.35 amid soft U.S. inflation, tightening global supply concerns

Crude oil WTI futures expiring in March rose 0.4 percent to $79.01 a barrel

Crypto Tower launched in Dubai to support DMCC’s growing community of companies

DMCC expects the construction of the tower to end by Q1 2027, with full operations beginning shortly after

Global markets to trade with considerable volatility as Trump takes office: Saxo Bank

Consensus U.S. GDP growth forecasts for 2025 are at +2.1 percent, a rosy forecast given the risks

Oil prices steady at $79.95 amid key U.S. inflation data release

Crude oil WTI futures expiring in March inched up 0.1 percent to $76.45 a barrel