Gold prices retreated from all-time highs on Monday, after rising on Western cash flows and optimism about a US interest cuts, as investors prepared for minutes from the Federal Reserve’s latest policy meeting to clarify the extent of the cut.
Spot g…
Continue ReadingThe dollar index, which tracks the currency against the euro, pound, yen and three other major currencies, fell to its lowest since Jan. 2 at 101.34, after falling 0.5% or more in each of the previous three sessions, as traders awaited US jobs data la…
Continue ReadingThe article added that the relevance of FDI in digital media can be largely attributed to the global pandemic. While most sectors faced a decline in investment, the media and communication industry saw a rise. The pandemic accelerated the shift toward…
Continue ReadingEgypt on Wednesday echoed opposition to the Israeli occupation’s escalatory policies, assassination policy and breach of countries’ sovreignty as leading to nothing but further escalation that would make it difficult to contain the crisis.
This came…
Continue ReadingEgypt’s Foreign Minister Badr Abdelatty and UN Secretary General Antonio Guterres on Wednesday collectively urged an “immediate” ceasefire in the Gaza Strip, subsequently allowing humanitarian aid to pour into the Palestinian enclave.
Discussing the…
Continue ReadingOil prices fell on Tuesday on estimates showing an increase in US crude inventories.
Brent crude futures fell 9 cents, or 0.1%, to $77.11 a barrel, while US West Texas Intermediate crude lost 12 cents, or 0.2%, to $73.05 a barrel.
According to marke…
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