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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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Economy
Unprecedented growth in consumer products sector: Price increases drive surge, exceeding 10-year average
New report finds 75 percent of global growth was due to price increases in 2023
Markets
Oil prices slip as U.S. Fed signals delay in interest rate cuts
Fed's cautionary stance weighs on energy markets amid geopolitical tensions
Economy
ECB reports record annual loss of $8.57 billion in 2023
Aggressive interest rate hikes lead to billions in payouts to banks
Markets
Gold prices inch up supported by weakening U.S. dollar
Investors eye U.S. economic data for Insights into Fed's policy outlook
Markets
Oil prices rise for second day as U.S. demand prospects brighten
Weakening U.S. dollar may enhance short-term appeal of oil
Markets
Gold prices hit one-week high ahead of Fed meeting
Market dynamics and global economic developments shape precious metal's outlook
Markets
Oil prices rise amidst geopolitical tensions, uncertain Fed policy
Concerns over shipping attacks and Fed interest rate cuts impact crude futures
Miscellaneous
European Union initiates investigation into TikTok amid child safety concerns
The probe aims to ensure platform’s compliance, evaluate measures for minors
Technology
Nintendo shares plummet 6 percent amid Switch 2 delay speculations
Highly anticipated successor to switch pushed to early 2025, Impacting holiday sales prospects
Miscellaneous
Major Tesla supplier Forvia to cut 10,000 jobs in Europe
Job cuts will be distributed across France, Germany, Poland, Spain
Markets
Gold prices increase amid Fed rate cut speculation
Investors await Fed minutes for clues on interest rate timing
Markets
Oil prices decline following Chinese economic data release
Oil prices hold near three-week highs as geopolitical tensions persist
Technology
Nvidia’s earnings report to influence global AI market sentiment
Investors brace for potential impact on tech sector and AI stocks
Technology
Apple faces $539 million EU fine over alleged competition law breaches
Antitrust concerns loom as EU prepares penalty for tech giant
Markets
Dubai gold prices rise amid a softening U.S. dollar
Market trends and economic indicators drive gold's status as a safe haven
Markets
Oil prices dip amid rising producer prices, weak demand outlook
Investor concerns mount over inflation and geopolitical tensions
Markets
Gold prices recover marginally after drop following US inflation data
Traders reassess rate-cut expectations as economic data contradicts earlier trends
Markets
Oil prices stall amid slowing demand forecasts, regional tensions
Weak U.S. retail sales data spurs optimism for rate cuts
Markets
Bitcoin market value tops $1 trillion with support from U.S. spot ETFs
Bitcoin's price peaks at $52,079 amid inflows to exchange-traded funds
Technology
Nvidia surpasses Alphabet, becomes 3rd most valuable U.S. company
Chipmaker's soaring stock value reflects dominance in AI market
Energy
OPEC bullish on oil demand in contrast to more bearish IEA forecast
OPEC bullish on oil demand in contrast to more bearish IEA forecast
Banking & Finance
Interest rate cuts in 2024: Will expectations be met?
Analysts cite uncertainties surrounding timing of rate reductions
Markets
Gold prices stay around $2,000 as inflation impacts Fed rate outlook
Next key support level is $1,975 per ounce
Markets
Oil prices dip amid U.S. inventory surge, high CPI
Brent and WTI futures slipped by 0.5 percent
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