Skip to main content Skip to footer The possibility of a 50-basis-point rate cut by the Federal Reserve this month has risen from 34 percent last week to 41 percent
Traders are on the lookout for the ADP employment report and jobless claims data due later in the day
Brent crude futures for November rose by 15 cents, or 0.1 percent, to $72.85
So far this year, gold prices have gained over 29 percent, rising to a record high of $2,531.60 on August 20
Brent Oil Futures fell by 4.9 percent, closing at $73.75 per barrel
The industry's contribution to global GDP is expected to rise by 12.1 percent year-over-year
Last year, the country attracted a record $30.49 billion in foreign direct investment, ranking second globally
Gold prices may rally if reports signal a weaker economy and the Fed considers a larger rate cut
Brent crude futures had fallen by 37 cents, or 0.48 percent, settling at $77.15 a barrel
The U.S. personal consumption expenditures (PCE) price index rose 0.2 percent in July, in line with expectations
Brent crude futures dropped by 61 cents, or 0.8 percent, settling at $76.32 a barrel
Over 25 percent of revenue invested in marketing by companies under $1 billion
This $299.49 million auction is part of the Islamic T-Sukuk issuance program for August 2024
Gold prices gained almost 3 percent in the last 30 days, marking their second consecutive monthly gain
The port operator expanded to 33 terminals across 8 countries in 2024
Import levels rose by 6.8 percent year-on-year, reaching $2.77 billion
The third edition supports women entrepreneurs in publishing, fashion, food, and more over several months
Traders priced in a 65.5 percent chance of a 25-basis-point cut and a 34.5 percent chance of a bigger 50-basis-point reduction
Brent oil futures for October delivery dipped slightly to $78.62 a barrel
The count of Bitcoin millionaires has surged by 111 percent to reach 85,400
Markets now await the release of the U.S. PCE data, the Federal Reserve's preferred measure of inflation, on Friday
Brent crude futures set to expire in October rose by 0.5 percent to $79.92 a barrel
Traders now see a 70 percent chance of a 25-basis-point rate cut and about a 30 percent chance of a bigger 50-basis-point reduction
Brent crude futures declined by 32 cents, or 0.39 percent, to settle at $81.11 per barrel