The risk has increased that the European Central Bank won’t get inflation back up to where it wants, the bank’s chief economist said on Wednesday, pledging to beef up ... Read More
China‘s turbulent stock markets slipped again on Wednesday, as a double-barrelled blast of central bank stimulus failed to convince investors of Beijing’s ability to jolt the world’s second biggest ... Read More
Dubai’s benchmark gauge is biggest decliner in region Brent crude has dropped almost 60 percent in 12 months Most Middle Eastern stock markets declined amid mounting concern the region’s largest ... Read More
This is exactly the type of market behavior that we would expect to see during the early stages of a major financial crisis. In every major market downturn throughout history there ... Read More
Gold prices quickly touched a new 7-week high of $1169 per ounce on Tuesday morning in London, while European and US stock market indices bounced back after the shockwaves sent ... Read More
U.S. crude rises 3 pct after Monday tumble, Brent up 1 pct China cuts interest rates, helping global stock market rebound EIA seen citing a 1.0 mln-barrel build in U.S. ... Read More
Chinese shares were up amid volatile trade as traders gauge the effect of a fresh rate cut by the central bank. The mainland’s benchmark Shanghai Composite was 3.1% higher ... Read More
China cut interest rates for the fifth time since November and lowered the amount of cash banks must set aside, falling back on its major levers to stem the ... Read More
Palladium slides nearly 5%; copper still at 6-year low Gold futures failed to score any gains on Monday, despite its reputation as a refuge in times of market turmoil, ... Read More
UAE investors helped local equities escape relatively unscathed yesterday, even as plummeting Chinese stocks and additional pressure on oil prices provoked a further global sell-off of shares. China’s Shanghai ... Read More
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