United States
Traders are currently pricing in a 46 percent chance that the Fed will cut rates twice by the end of the year
Brent Oil Futures expiring in September rose 0.7 percent to $85.74 a barrel
Global physically backed gold exchange-traded funds saw inflows for the second month straight in June
Brent crude futures rose 0.2 percent to $84.84 per barrel
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
