Central Bank

Lagarde signals shift in ECB strategy with third rate cut in 2024

This marks the first consecutive rate reduction in 13 years

Gold prices set new record high at $2,713.76 as safe-haven demand surges, UAE rates up

As tensions in the Middle East escalated, less than three weeks remained to vote for the next U.S. president

Global gold rates near all-time high, UAE prices up ahead of U.S. economic data

The U.S. retail sales and industrial production data for September, as well as weekly jobless claims data, are all due later today

UAE, global gold prices up as investors await U.S. retail sales data

U.S. dollar index and Treasury yields dipped, making bullion more attractive to other currency holders

UAE, global gold prices rise as investors seek additional U.S. rate cut hints

Despite the rise in gold prices, the U.S. dollar's recent ascent and rate-cut expectations have limited gains

Oil prices dip amid strong U.S. inflation data, yet remain on track for weekly gains due to Middle East tensions

Brent crude futures for December delivery dropped 0.5 percent to $78.98 a barrel

UAE, global gold prices rise as U.S. inflation data supports November rate cut

Market focus now shifts to U.S. Producer Price Index (PPI) report due today

UAE gold prices down, global rates inch up ahead of key U.S. inflation data

Traders are currently pricing an 84.7 percent chance of a 25-basis-point cut in November

Oil prices rise after two-day decline amid Middle East tensions, expected Chinese stimulus

Brent crude futures for December delivery climbed 0.4 percent to $76.89 a barrel

UAE, global gold prices dip as dollar surges ahead of Fed’s meeting minutes

U.S. dollar index rose 0.06 percent to 102.61 earlier in the session, inching closer to the seven-week high it recorded last week

UAE gold prices flat, global rates dip as traders eye Fed’s latest meeting minutes, economic data

Investor focus now shifts to the Fed's latest policy meeting minutes due on Wednesday and inflation data due on Friday