United States
MENA startups raised $116 million in June 2024, bringing H1 total to $882 million
Recent weak U.S. economic data has raised the market's hopes for two interest rate cuts by the end of the year
Brent oil futures for September delivery hovered around $85.72 per barrel
Global average temperatures in the last 12 months reached the highest on record at 0.76 °C above the 1991-2020 average
Unemployment reached a 2.5-year high of 4.1 percent, signaling a softer U.S. labor market
Brent crude futures for September delivery edged up 0.2 percent to $86.67 per barrel
If the non-farm payrolls data declines, investors will likely raise their expectations of a September Fed interest rate cut
Brent crude futures, which have risen 7 percent over the past four weeks, dipped slightly by 2 cents to $87.41 per barrel
Brent crude futures were down 48 cents, or 0.55 percent, at $86.86 a barrel
The dollar index declined 0.06 percent to 105.34, making greenback-priced bullion cheaper for other currency holders
Saxo Bank expects U.S. and European sovereign bond yields to remain range-bound in Q3 2024
