Century Financial

NEWS DESK

AI Sell-Off Rattles Global Markets as Dollar Recovers and Oil Rebounds – Comments from Century Financial

News Desk 06/11/2026

U.S. Markets On Thursday, the S&P 500 dropped 4.84% to 7,330, with about $3 trillion wiped off S&P 500 companies. The Nasdaq 100 sank 6.96% to 26,526, more than erasing Wednesday’s post-election rally. Nvidia fell more than 9%, while the Philadelphia Semiconductor Index plunged

NEWS DESK

Post-Election Market Rally Fades as Investors Reassess AI, Oil and Gold – Century Financial

News Desk 06/11/2026

Following yesterday’s developments around the US midterm elections, we would like to share the following fresh perspective on the second day, highlighting the latest market movements and emerging investor concerns. With Democrats now securing control of both chambers of Congress, markets have begun reacting to the potential implications for US fiscal policy,

NEWS DESK

Century Financial introduces a complimentary gold-linked trading position for eligible clients during the Diwali season

News Desk 05/11/2026

As the UAE prepares to celebrate Dhanteras and Diwali, gold is once again taking centre stage, driven by its cultural significance and continued relevance in investment portfolios. With global gold prices responding to economic uncertainty, currency movements and shifting interest rate expectations, the festive season also provides an opportunity to examine how investors

NEWS DESK

US Midterm Fallout Rattles Markets as Oil Plunges, Gold Rallies and Dollar Weakens – Comments from Century Financial

News Desk 05/11/2026

U.S. Markets U.S. stocks traded lower on Thursday, as the post-election rally gave way to renewed weakness in chip stocks. S&P 500 were down 0.3%, and the Nasdaq 100 fell 1.17%. On Wednesday, as Democrats won control of both chambers of Congress and oil prices tumbled. The S&P 500 added 1.66% to 7,704, while the […]

NEWS DESK

Aramco’s Q3 Results: Strong Refining Margins Offset Production Challenges as Export Recovery Remains in Focus

News Desk 05/11/2026

Saudi Aramco’s third-quarter results saw adjusted net income rise 9.2% year on year to $31.2 billion, supported by stronger refining margins and higher realised oil prices. However, lower production volumes and ongoing export constraints continue to shape the company’s earnings outlook. With reported net income reaching $36.3 billion, including a one-off gain from the sale

NEWS DESK

US Midterm Results Rattle AI Stocks and Dollar as Gold Rebounds – Comments from Century Financial

News Desk 04/11/2026

U.S. Markets U.S. stocks fell on Wednesday after Democrats won control of both chambers of Congress. Nasdaq 100 futures fell more than 2.8% overnight before paring losses, leaving the S&P 500   down 0.3% and the Nasdaq 100 0.7% lower. The selling focused on AI stocks, as investors worry that a Democratic Congress could bring […]

NEWS DESK

Oil Slides on US-Iran Peace Hopes as Gold and Silver Face Pressure – Comments from Century Financial

News Desk 03/11/2026

U.S. Markets Overview: U.S. stocks edged lower on Tuesday as investors prepared for the midterm elections and assessed mixed corporate earnings. Both the S&P 500 and Nasdaq 100 declined approximately 0.40%, with the S&P 500 touching 7,527 and the Nasdaq 100 reaching 27,975. Drivers:  Voters head to the polls to decide control of both chambers of […]

NEWS DESK

Oil and Gold Face Volatility Amid Shifting Geopolitical Signals – Comments from Century Financial

News Desk 03/11/2026

Crude Oil Oil retreated almost 2% in today’s session, pulling back from multi-week highs as investors weighed reports of ongoing diplomatic efforts to end the Middle East conflict against fears of renewed US military action against Iran. Qatari and Iranian officials continued their discussions for a third consecutive day, seeking an agreement to end the […]

NEWS DESK

Oil Surges on Middle East Tensions as Gold and Stocks Face Pressure – Comments from Century Financial

News Desk 22/10/2026

US Markets The S&P 500 Index closed higher for a third day on Wednesday as solid earnings from SpaceX and Super Micro Computer Inc. bolstered bullish views of the artificial-intelligence trade. The  index advanced 0.6%, Nasdaq 100 Index gained 1.1% and the Philadelphia Semiconductor Index, known as the SOX, added 2.0%. Meta released blockbuster earnings […]

NEWS DESK

AI Optimism Lifts US Futures as Oil Risks Support Prices and Dollar Strength – Comments from Century Financial

News Desk 21/10/2026

US Markets  The S&P 500 Index erased early-session losses to close higher on Tuesday as big banks and healthcare companies rallied. The Nasdaq 100 Index ended the day with a slight decline after South Korean neocloud company Elice Inc. tanked in its trading debut, spurring concern about the sustainability of the global AI boom. The […]

NEWS DESK

Tech Stocks Rebound as Oil Risks Keep Global Markets on Edge – Comments from Century Financial

News Desk 20/10/2026

US Markets Chip companies rallied in Monday trading, helping stocks rebound after the worst week for the tech-heavy Nasdaq 100 Index since the tariff turmoil of April 2025. The Nasdaq 100 closed 1.2% higher, gaining the most since late September, while the S&P 500 Index rose 0.4%. Semiconductor stocks rose, with the benchmark Philadelphia Semiconductor […]

NEWS DESK

AI Sell-Off and Oil Volatility Keep Global Markets on Edge – Comments from Century Financial

News Desk 19/10/2026

US Markets The S&P 500 Index dropped 1% on Friday to cap its biggest weekly loss since June. This was driven by a spike in crude prices, renewed inflation fears, and worries about the viability of the AI trade. Futures have slightly recovered today. A wipeout in the shares of cloud-computing services provider CoreWeave Inc. […]

NEWS DESK

UAE Stocks Rebound as Bank Earnings Set Up Next Market Test – Comments from Century Financial

News Desk 19/10/2026

UAE market performance for the week and expectations (as of 16th October) UAE markets ended the week on a firmer footing, with the DFM General Index up 0.84% and the FTSE ADX General Index snapping a three-week losing streak. Investors looked past the escalation in Houthi attacks, as the Iran-aligned group has stepped up strikes […]

NEWS DESK

Oil Retreats and Gold Rebounds as Markets Digest Hot US Inflation – Comments from Century Financial

News Desk 15/10/2026

Crude Oil WTI fell 1.2% toward $94.8 per barrel while Brent is down around 2% to 106.2 on Thursday. This likely reflects a technical correction and profit-taking after five consecutive sessions of gains.Investors also assessed reports that the US is considering relaxing sanctions on so-called shadow fleet vessels that have transported oil and petroleum products […]

NEWS DESK

Saudi Attacks Fuel Oil Concerns as Markets Brace for US CPI – Comments from Century Financial

News Desk 14/10/2026

US Markets SPX was down 0.01% yesterday, and at the time of writing, the SPX futures are up 0.11%, pushing SPX to 7,816. Meanwhile, NDX was down 0.29%, closing at 30,559, as the tech rout spread across Asia, after Chinese memory company CXMT said it is making rapid progress and closing the technological gap. All […]

NEWS DESK

UAE approves AED292.5 billion federal budget for 2027–2029; experts discuss economic implications

News Desk 13/10/2026

Vijay Valecha, Chief Investment Officer, Century Financial The UAE Cabinet has approved Dh292.5 billion in federal expenditure for the period from 2027 to 2029 which is an increase of 28.3% from the previous three year period. This represents an estimated Dh64.5 billion increase in planned spending equivalent to approximately Dh97.5 billion annually over the new […]

NEWS DESK

Oil’s 70% Surge This Year Keeps Inflation and Markets Under Pressure – Comments from Century Financial

News Desk 13/10/2026

US Markets SPX was down 0.11% yesterday, closing at 7,807, and the futures are trading 0.04% lower at the time of writing this comment. NDX was down 0.78% yesterday and closed at 30,640. We saw a selloff in the memory market yesterday. The weakness was concentrated in memory chips. Shares fell after reports that Chinese […]

NEWS DESK

Oil Tensions and US CPI Set the Stage for Market Volatility – Comments from Century Financial

News Desk 12/10/2026

US Markets SPX futures are up 0.23% this morning, and NDX futures are up 0.16% this morning. We start the week with a few important datasets that will guide the market. Around 70% of SPX companies are said to report earnings in October. We start the earnings season this week with big Banks such as […]

NEWS DESK

UAE Stocks Extend Losses as DFM and ADX Remain Under Pressure Despite Easing Iran Tensions – Comments from Century Financial

News Desk 12/10/2026

UAE market performance for the week and expectations  UAE markets are turning increasingly bullish as investors move beyond Houthi attacks on Saudi energy infrastructure and cities, which temporarily heightened concerns over regional security and Red Sea trade routes. Sentiment improved after President Donald Trump said the US would not attack Iran before the November 3

NEWS DESK

Gold Rebounds as Yields Ease and Oil Retreats on Iran Hopes – Comments from Century Financial

News Desk 09/10/2026

US Markets The SPX Index is up 0.29% and is currently at $7,790. From a fundamental standpoint, the SPX Index climbed after more details emerged about OpenAI’s estimated revenue, suggesting Wall Street technology shares’ weakness may be contained. OpenAI expects to reach or exceed $70 billion in annualised revenue by year-end, driven largely by growth […]