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United States
Economy
Davos 2025 kicks off to address key global and regional challenges
Davos 2025 will see the participation of over 350 government leaders, including 60 heads of state and government
Miscellaneous
TikTok resumes services for 170 million U.S. users after Trump promises executive order
On Saturday evening, the Chinese-owned app stopped working for U.S. users after a national security law took effect
Energy
Oil prices up 0.2 percent to $80.91 amid supply concerns, Trump’s inauguration caution
West Texas Intermediate crude futures also rose by 0.2 percent to $77.56 per barrel
Markets
UAE gold prices largely steady, global rates rise ahead of Trump’s inauguration
The Federal Reserve will likely hold interest rates steady on January 29
Economy
IMF projects 3.3 percent global growth in 2025, inflation to fall to 3.5 percent by 2026
Despite the stable global growth forecast, disparities among countries are widening
Energy
Oil prices climb to $81.63, 0.4 percent surge driven by strong Chinese economic data
Crude oil WTI futures expiring in March rose 0.5 percent to $78.24 a barrel
Markets
UAE gold prices rise AED1.5, global rates set for third weekly gain on Fed rate cut bets
Gold rose to its highest since December 12 after several sets of U.S. economic data pressured Treasury yields further
Markets
UAE gold prices rise AED1.5, global rates hover near 1-month high
Easing underlying inflation in the U.S. renewed hopes of a less restrictive Fed policy this year
Energy
Oil prices rise to $82.35 amid soft U.S. inflation, tightening global supply concerns
Crude oil WTI futures expiring in March rose 0.4 percent to $79.01 a barrel
Economy
Global markets to trade with considerable volatility as Trump takes office: Saxo Bank
Consensus U.S. GDP growth forecasts for 2025 are at +2.1 percent, a rosy forecast given the risks
Energy
Oil prices steady at $79.95 amid key U.S. inflation data release
Crude oil WTI futures expiring in March inched up 0.1 percent to $76.45 a barrel
Markets
UAE gold prices gain AED0.75, global rates rise ahead of U.S. CPI data
Data on Tuesday showed that U.S. producer prices increased moderately in December
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