Century Financial

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

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 […]

NEWS DESK

Oil Surges on Iran Tensions as Gold Faces Pressure – Comments from Century Financial

News Desk 08/10/2026

US Markets The SPX Index is down 0.30% today and is currently trading at $7,775. From a fundamental standpoint, the SPX Index slid in the early session after a report surfaced that President Donald Trump could order strikes on Iran before the midterm elections. That pulled the timeline forward from a report last week suggesting […]

NEWS DESK

US Stocks Hit Record Highs as Oil Rebounds and Dollar Strengthens – Comments from Century Financial

News Desk 07/10/2026

US Markets US equity markets rose to fresh record highs on Tuesday, with the SPX up 0.63%, breaching the $7,800 mark and the NDX up 0.54% by the close. Wednesday’s Asian session is seeing a slight pullback in both indices, with SPX trading near $7830, down 0.08% and NDX trading near $31,215, down 0.13%. The […]

NEWS DESK

Dollar Hits 18-Month High as Oil Risks Persist and Markets Await US Jobs Data – Comments from Century Financial

News Desk 02/10/2026

U.S Markets US equities continue to show a constructive setup, with the Nasdaq reaching a fresh intraday high of 30,876 before closing at 30,560, up 0.20%. At the time of writing, the index is currently trading 0.24% higher at 30,634, while the S&P 500 is up 0.33% at 7,690. A key macro tailwind is the […]

NEWS DESK

Oil Rebounds as Dollar Hits Two-Month High and Treasury Yields Pressure Markets – Comments from Century Financial

News Desk 01/10/2026

U.S Markets The S&P 500 trades near $7,657 and the Nasdaq 100 near $30,596, both pulling back despite Micron’s blowout results and Alphabet’s Gemini 4 Argon rollout, as the rally shows signs of narrowing rather than broadening. Micron’s revenue beat ($54.23bn vs $51.49bn est.) and strong guidance failed to trigger a sustained follow-through, with

NEWS DESK

Oil Retreats as Fed Rate Bets Ease, but Bond Yields Keep Markets on Edge – Comments from Century Financial

News Desk 30/09/2026

U.S Markets The S&P 500 trades near $7,693, holding steady after slipping 0.2% Tuesday as US consumer confidence hit a 12-year low, while the tech-heavy Nasdaq 100 outperformed, up 0.2% to $30,412. Oil sold off sharply, logging its largest one-day decline in over a week on news that Saudi Arabia is restoring flows along its […]

NEWS DESK

Gold Near $4,100 as Oil Risks and Rising Yields Keep Markets on Edge – Comments from Century Financial

News Desk 29/09/2026

U.S Markets The S&P 500 trades near $7,679 and the Nasdaq 100 near $30,326, both holding steady after finding support and stabilising following the recent pullback. Rising Treasury yields, $100+ oil and a firmer dollar remain the key macro overhang, but AI-linked megacaps continue to absorb much of that stress, keeping the index resilient near […]

NEWS DESK

UAE Markets Split as US-Iran Deal Hopes Lift Outlook for the Week Ahead – Comments from Century Financial

News Desk 27/09/2026

UAE market performance for the week and expectations Shares trading in the United Arab Emirates ended this week mixed, after renewed hopes of a potential agreement between the US and Iran to resume energy flows eased oil prices. This followed a media report that stated that the US and Iran are discussing a phased deal […]

NEWS DESK

Gold Falls Below $4,320 as Oil Surge Revives Fed Rate Hike Fears – Comments from Century Financial

News Desk 25/09/2026

US Markets The S&P 500 finished nearly flat and edged down around 0.15% following several turns between losses and gains. Stocks have slowed their rally since the S&P 500 climbed to the brink of its all-time high earlier this week as pressure from the bond market has cranked higher. The yield on the 10-year Treasury […]

NEWS DESK

Nasdaq Nears Record High as AI Boom Meets Easing Oil and Strong Gold Demand – Comments from Century Financial

News Desk 23/09/2026

US Markets US equities extended their rebound in the previous session, with the Nasdaq 100 gaining 2.83% and the S&P 500 advancing 1.49%. At the time of writing, the Nasdaq 100 is trading at 30,485, while the S&P 500 stands at 7,770. The rally was led by technology and AI stocks, with easing oil prices […]

NEWS DESK

US Stocks Rally on AI Boom as Oil Eases and Gold Slips – Comments from Century Financial

News Desk 22/09/2026

US Markets US equities extended their rebound in the previous session, with the Nasdaq 100 gaining 2.83% and the S&P 500 advancing 1.49%. At the time of writing, the Nasdaq 100 is trading at 30,485, while the S&P 500 stands at 7,770. The rally was led by technology and AI stocks, with easing oil prices […]

NEWS DESK

Oil Falls Below $100 as Gold Holds Firm and Dollar Hits Seven-Week High – Comments from Century Financial

News Desk 21/09/2026

Gold & Silver Gold prices rose 0.84% on Friday, closing the first week in the green after three straight weekly declines. Silver was up 1.58% by Friday’s close, ending the week with a 2.72% rise. Both metals were about 0.60% weaker during Monday’s Asian session. Precious metals remain in a tight range, with gold caught […]