Skip to main content Skip to footer Traders currently expect a 98.6 percent chance that the Fed will cut rates by 25 basis points
Brent Oil Futures dipped slightly to $73.50 a barrel
Brent crude futures for February delivery ascended by 0.4 percent to $72.47 a barrel
Inflation data could help set market expectations for the Fed's 2025 policy
Traders currently see an 89.5 percent chance of a Fed rate cut this month
Brent oil futures for February delivery decreased by 0.2 percent, settling at $72.00 per barrel
The number of oil and gas rigs deployed in the U.S. last week hit the highest since mid-September
Brent crude futures for February delivery fell by 0.4 percent to $71.80 a barrel
Markets currently see a 70.1 percent chance of a 25-basis-point cut by the Federal Reserve in 12 days
AI expected to generate $8.5 billion for GCC media and entertainment by 2030
Brent crude futures, set to expire in February, climbed by 0.1 percent to $72.37 a barrel
PwC’s Hopes and Fears report reveals that only 33 percent of employees in the Middle East feel their well-being is a priority at work
Powell is scheduled to speak later in the day, likely marking the last public remarks before the Fed's December meeting
Brent oil futures for February delivery dipped 0.1 percent to $73.58 a barrel
The group will likely extend its output cuts until the end of the first quarter of 2025 amid supply concerns
The dollar index was up 0.07 percent to 106.52, reducing gold’s appeal among holders of other currencies
In the UAE, gold rates fell by AED3.75, with 24-carat gold priced at AED318.25 and 22-carat gold at AED294.50
Brent crude futures for February increased by 0.3 percent to $72.02 a barrel
The dollar index fell 0.14 percent to 105.90, raising gold’s appeal among holders of other currencies
Brent crude futures for January fell by 0.1 percent to $73.21 per barrel
This complex transaction stands as one of the most substantial investments to date in Saudi Arabia’s private K-12 education sector
The dollar index was up 0.15 percent to 106.25, reducing gold's appeal among holders of other currencies
January Brent oil futures dipped 0.1 percent to $72.78 a barrel
President-elect Trump threatens new trade tariffs on China, Canada, and Mexico, sparking fears of a trade war