Donald Trump

UAE gold prices down AED2.25, global rates fall on stronger dollar

On Saturday, Trump levied 25 percent tariffs on Canadian and Mexican imports and 10 percent on goods from China starting February 4

Oil prices rise 0.6 percent to $76.13 amid potential disruptions from Trump’s tariffs

The focus on oil prices increase highlights concerns over potential supply disruptions from Canada and Mexico

Oil prices rise 0.4 percent to $77.21, head for weekly losses with focus on Trump tariffs and PCE data

Attention focused on key U.S. PCE inflation data later today for clues on interest rates

Markets surge after ECB cuts interest rates for fifth time to 2.75 percent

Eurozone stagnation due to industrial recession leads ECB to continue its easing trajectory

UAE gold prices rise AED2.5, global rates hit record high on Trump tariff concerns

Earlier in the session, gold prices hit an all-time high of $2,799.71

UAE gold prices gain AED0.25, global rates rise ahead of key U.S. inflation data

Fed signaled no rush in lowering borrowing costs until inflation and jobs data made it appropriate to begin another easing cycle

Oil prices rise 0.2 percent to $76.71 as traders absorb hawkish Fed signal, Trump tariffs

West Texas Intermediate crude futures climbed 0.3 percent to $72.81 a barrel

US Federal Reserve, UAE central bank hold interest rates steady

After cutting the benchmark interest rate a full percentage point last year, the Fed kept it in the current 4.25-4.50 percent range

DeepSeek surpasses ChatGPT as top app in App Store, Google Play

On iOS, DeepSeek is currently the No. 1 free app in the U.S. App Store and 51 other countries

UAE gold prices rise AED2.25, global rates steady as investors await Fed decision

The recovery in global markets failed to assist gold prices in rising over their Tuesday levels

Oil prices stabilize at $77.47 amid U.S. inventory data and Trump tariff concerns

Crude prices saw some losses this week amid concerns over weak Chinese economic data

Trump confirms Microsoft in talks to acquire TikTok

In 2020, Microsoft emerged as a top bidder to buy TikTok, but talks soon collapsed when he left office