Central Bank

UAE makes first cross-border digital dirham payment, transferring $13.6 million to China

Transaction took place during a celebration marking the 50th anniversary of the CBUAE

Gold prices rally on Middle East tensions and Fed meeting anticipation

Gold maintains its safe-haven appeal as investors seek refuge amid economic uncertainties

Wall Street braces for a testing week

Fed’s decision, companies' profits, and economic data all in focus

ECB interest rates remain unchanged amid inflationary concerns

Increased focus on inflation targets and monetary policy flexibility

Türkiye hikes interest rates to 45 percent in a battle against inflation

Analysts skeptical as Turks grapple with economic challenges

Oil prices increase amid U.S. crude storage and production decline

Chinese economic stimulus and a weaker output contribute to the complex oil market dynamics

Gold prices fall, market awaits GDP and inflation data

Strong economic indicators and diminishing recession fears impact gold's allure

Gold prices rise as investors await U.S. interest rate cuts

Uncertainty looms as investors navigate economic data and central bank decisions

European banks enter 2024 bolstered by strong profit growth

Lenders expected to experience adverse effects of rising interest rates

Indicators suggest gold will maintain strength in 2024

Metal likely to remain within specific range but exhibit some volatility

U.S. dollar decline triggered by speculation of Fed rate cut

China's interest rate stabilization impacted U.S. dollar, Yuan