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Worldwide
Markets
Gold is waiting for a weak dollar to restore its luster
Gold exchange-traded funds lost $4.5 billion in July
Economy
Bank of England raise interest rates by most since 1995
Inflation expected to peak at over 13%
Economy
Will the British pound falter because of the gas crisis?
The BoE is expected to raise interest rates the most since 1995
Markets
Pressured US tech stocks still favored by GCC clients: Saxo Bank
Apple leads the list as tech giants draw focus
Economy
Pelosi’s Taiwan visitworries markets…fears for global chip industry
Taiwan manufactures about 50 percent of the world's semiconductors
Economy
IMF issues 7 warnings that pose a danger to global economy
Worst-case scenario would be to reduce growth to 2% by 2023
Markets
Global bond issuance set to contract 16% in 2022, S&P says
Total issuances in H1 stood at $4.2 tn, down 11%
Markets
Could investing in tech stocks be best bet?
Tech select sector increased by 12% last month alone
Economy
The BOE to discuss Thursday the largest interest rate hike in 25 years
Concern about pledges of premiership candidate to cut taxes
Markets
Global Financial Markets in Brief Week 4 July
Markets focus on a possible slowdown in rate hikes rather than a recession
Logistics
First grain ship to depart from Ukraine’s Odesa to Lebanon
More ships will be launched successively
Energy
Attention turns to “OPEC+” meeting, as hopes of increasing production lessen
OPEC Sec Gen: Russia's presence in alliance key to agreement success
Technology
Fintech and blockchain will become inseparable
But there are bigger challenges than the ongoing crypto winter
Technology
UAE, Saudi IT security leaders playing catch up in handling cyber threats
They believe their security strategy is ‘In the Doldrums’
Banking & Finance
Samsung Q2 profits go through the roof
Profits increased to $10.8 bn
Economy
What does a strong dollar mean for countries?
It has broad implications for Americans and the global economy
Banking & Finance
Amazon, apple beat expectations on revenues, profits
Offering reassurance to an earnings period weighed down by inflation
Markets
Strong dollar, higher interest rates reduce gold global demand
Gold demand in the 3 months to end of June dropped to 948 tonnes
Economy
US economy shrinking again, fears of recession growing
GDP shrank 0.9 percent in the second quarter
Energy
Shell and Total continue their share buybacks after record profits
They benefited from rising oil and gas prices
Technology
What is Holepunch?
Why did a crypto exchange develop a communication app?
Technology
Decline in Meta profits due to tense competition with “TikTok”
"Meta" recorded about $6.69 billion in profits for the second quarter
Markets
Bitcoin pumps to 23K as Fed hikes rates
On Wednesday, Bitcoin increased nearly 9% to $22,792.02
Economy
A change in Powell’s comments: Will the rate hike path slow down or not?
"I don't think the economy is in a recession at the moment"
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