Central Bank
Challenges remain in education, housing, and hotels
Can the Fed intervene to calm global markets?
Japanese stocks rebounded sharply on Tuesday after their biggest single-day decline since the 1987 Black Monday sell-off in the previous session
U.S. unemployment rate rose to 4.3 percent, signaling a possible weakness in the labor market
Gross credit grew 0.7 percent from AED2.063 trillion in April 2024 to $565.47 billion
Traders priced in a 28.5 percent chance of a larger 50-basis-point rate cut in September
Gold prices rose as support for the safe-haven asset strengthened amid the threat of conflict escalation in the Middle East
Data showed that the bank's net foreign assets in June were around SAR1.670 trillion
If the Fed signals the possibility of multiple rate cuts this year, gold prices will likely rally
The Bank of England and the Bank of Japan's policy meetings are also due this week
Brent oil futures expiring in September fell 0.2 percent to $79.63 per barrel
