interest rate

Fed’s Powell sparks July rate cut hopes with ambiguous comments

When asked whether July was too soon for a rate cut, Powell responded that he "can't say"

Stock market today: Asian shares dip as dollar holds near 3.5-year low on Fed, tariff uncertainty

Markets are currently pricing in 64 basis points of rate cuts by the Fed this year, with only a 21 percent chance of a cut in July

Dubai 24-carat gold price today drops to AED400.25 as U.S. data, Fed stance weigh in

Gold prices dipped slightly as investors awaited U.S. payroll data and Fed Chair's remarks

Dubai 24-carat gold price rises to AED401.06 as dollar declines, global prices up 0.14 percent

Upcoming week includes ISM Manufacturing PMI and Nonfarm Payrolls report for June

Crude oil prices fall 0.19 percent above $67.6 as Middle East tensions ease, OPEC+ plans increase

The market has largely eliminated the geopolitical risk premium after the ceasefire announcement

Dubai 24-carat gold price today hits AED394.50, global rates rise 0.14 percent following U.S.-China deal

Investors await Federal Reserve comments for future direction amid fluctuating gold prices

Dubai gold prices rise to AED402.75 as global rates gain 0.17 percent on weaker dollar

The U.S. dollar fell to its lowest level since March 2022, making gold less expensive for holders of other currencies

Stock market today: Asian shares rise, dollar hovers near four-year low amid Mideast ceasefire

In the Asian stock market, Japan’s Nikkei rose 0.3 percent and Taiwan’s benchmark climbed 1.09 percent

Dubai 24-carat gold price today remains above AED405 amid rising dollar, Middle East tensions

Investors shifted to the dollar following U.S. airstrikes, impacting gold and commodity markets

Egypt aims for 4.5 percent economic growth as parliament passes FY2025/26 development plan

Real GDP growth is projected to rise from 2.4 percent in FY2023/24 to 3.8 percent in FY2024/25, then to 4.2 percent and 4.6 percent in FY2025/26 and FY2026/27, respectively, according to World Bank projections

Turkey central bank holds interest rates at 46 percent amid geopolitical tensions

Market rates, such as the Turkish Lira Overnight Reference Rate (TLREF), have also aligned in the 46 percent range