Dollar falls on bets for dovish Fed SINGAPORE: The US dollar declined broadly on Monday and slid against the yen in particular as investors bet on a... Published 19 Aug, 2024 09:57am
Business & Finance US dollar dips in choppy trade NEW YORK: The dollar slipped on Tuesday in choppy trading after Federal Chair Jerome Powell struck a slightly dovish... Published 03 Jul, 2024 07:35am
Markets Gold treads water ahead of US inflation test, Fed decision Gold prices were flat on Wednesday as investors awaited the US Federal Reserve’s policy announcement for insights... Published 12 Jun, 2024 09:30am
Markets Gold retreats as dampened Fed rate cut hopes dent appeal Gold prices slipped on Monday as hopes for early interest rate cuts this year dampened, while focus shifted to the... Published 29 Apr, 2024 10:42am
Markets Gulf markets in red ahead of US inflation data DUBAI: Most stock markets in the Gulf ended lower on Tuesday, ahead of US inflation data later in the session, which... Published 15 Nov, 2023 06:09am
Markets Gulf bourses drop amid hawkish Fed tone, Mideast conflict RIYADH: Stock markets in the Gulf fell on Sunday amid warnings of possible further interest rate hikes from the U.S... Published 23 Oct, 2023 05:58am
Markets Gulf bourses end higher DUBAI: Most stock markets in the Gulf gained on Wednesday as investors shrugged off fears of hawkish signals from US... Published 22 Jun, 2023 05:45am
Markets Oil rallies 1pc after hawkish remarks from Fed’s Powell BENGALURU: Oil prices gained a dollar a barrel on Wednesday after some analysts predicted a drawdown in US ... Published 22 Jun, 2023 05:45am
Business & Finance Dollar edges down after Powell testimony NEW YORK: The US dollar edged down against a basket of currencies on Wednesday after Federal Reserve Chair Jerome... Published 22 Jun, 2023 05:45am
Markets Wall St slides, Dow set for worst first-half since 1962 NEW YORK: US stocks slipped on Thursday, setting the Dow up for its worst first six months since 1962, on concerns... Published 01 Jul, 2022 06:13am
Markets Qatar shares suffer biggest weekly drop in two years on recession fears DUBAI: Qatari shares led declines in the Gulf on Thursday to post their biggest weekly decline in more than two... Published 24 Jun, 2022 06:15am
Markets Oil prices dive $2/barrel on fear Fed rate hikes will hurt demand NEW YORK: Oil prices fell by more than $2 a barrel on Thursday in volatile trading as investors weighed the risk ... Published 24 Jun, 2022 06:15am
Markets Wall Street edges higher after Powell’s remarks NEW YORK: US stock indexes edged higher in choppy trading on Wednesday, with healthcare shares offsetting losses in... Published 23 Jun, 2022 06:05am
Business & Finance Dollar rises off of 1-month low ahead of Fed minutes NEW YORK: The US dollar snapped a two-day losing streak on Wednesday ahead of the release of the minutes from the US... Published 26 May, 2022 05:26am
Business & Finance Dollar rebounds as risk appetite fades NEW YORK: The US dollar edged higher on Wednesday, on pace to snap a three-session losing streak, as concerns about... Published 19 May, 2022 05:29am
Opinion Battered bulls hope Fed pain in rearview mirror after Powell maps out hikes Federal Reserve Chair Jerome Powell gave investors a glimmer of hope that the central bank is unlikely to become ... Published 06 May, 2022 05:03am
Business & Finance US dollar rallies to more than 2-year high on steep Fed rate hike outlook NEW YORK: The dollar surged to a more than two-year high on Friday, continuing to draw support from Federal Reserve... Published 23 Apr, 2022 04:45am
World Ukraine war impact on US economy 'highly uncertain’: Fed's Powell WASHINGTON: The impact of the conflict in Ukraine on the US economy is "highly uncertain," and the central bank will... Published 02 Mar, 2022 07:03pm
Markets Sterling, euro gain on dollar after Fed announces taper HONG KONG: The dollar lost ground on the euro and sterling on Thursday after the US Federal Reserve said it would ... Published 04 Nov, 2021 09:56am
Business & Finance Australia, NZ dollars cling to gains SYDNEY: The Australian and New Zealand dollars were hanging onto much-needed weekly gains on Friday as investors... Published 28 Aug, 2021 03:54am
Business & Finance Dollar slips after Powell beckons tapering NEW YORK: The dollar slid on Friday after the market perceived a highly anticipated speech by Federal Reserve Chair... Published 28 Aug, 2021 03:54am
Markets Wall Street falls on taper worries, Kabul blast NEW YORK: Wall Street's main indexes fell to session lows on Thursday on fears of a faster tapering of the US ... Published 27 Aug, 2021 04:52am
Markets Tokyo stocks close flat ahead of Jackson Hole TOKYO: Tokyo stocks closed flat on Thursday with investors on the sidelines ahead of this week's key Jackson Hole... Published 27 Aug, 2021 04:52am
Business & Finance Sterling steady in sluggish markets LONDON: Sterling was little changed on Wednesday, slipping slightly against the dollar but lacking direction overall... Published 26 Aug, 2021 04:52am
Markets THE RUPEE: All-round loss KARACHI: On Thursday, PKR went down against USD in both interbank and open markets after recording gains yesterday.... Published 16 Jul, 2021 04:34am
Markets Gold falls in Europe • Platinum hits one-month high AMSTERDAM/LONDON: Gold edged off a one-month peak on Thursday, weighed down by a... Published 16 Jul, 2021 04:34am
Business & Finance Early trade in New York: Dollar recovers ground NEW YORK: The US dollar edged higher on Thursday, recovering some of the ground lost in the prior session after the... Published 16 Jul, 2021 04:34am
Markets Japan rubber futures rise TOKYO: Japanese rubber futures rose on Thursday after the US Federal Reserve signalled it will continue loose... Published 16 Jul, 2021 04:34am
Business & Finance US weekly jobless claims at 16-month low; shortages hamper manufacturing WASHINGTON: The number of Americans filing new claims for unemployment benefits fell to a 16-month low last week as... Published 16 Jul, 2021 04:34am
Markets Japanese shares down TOKYO: Japanese shares closed lower after two straight sessions of gains on Wednesday, with investors holding their... Published 15 Jul, 2021 04:03am
