Century Financial

NEWS DESK

Potential Impact of New Tariffs being Imposed by Donald Trump on the UAE and GCC – Century Financial

PR News Desk 02/04/2025

Vijay Valecha, Chief Investment Officer, Century Financial“The tariffs established during President Trump’s administration, expected to generate around $700 billion in revenue annually, have significant implications for both global and regional trade. On a global scale, these tariffs are

NEWS DESK

Gold Gains Nearly 19% YTD as Trade and Rate Uncertainty Persist – Century Financial

PR News Desk 02/04/2025

WTI crude oil futures fell below $71 per barrel on Wednesday as markets braced for US reciprocal tariffs that could escalate the global trade war. The White House did not disclose details on the size or scope of the tariffs but stated they would take effect immediately after being unveiled on Wednesday. President Trump also […]

NEWS DESK

How Eid will impact gold & markets – Century Financial

PR News Desk 26/03/2025

Eid-al-Fitr impact gold & marketsHistorically, Eid has fallen in late March or early April for approximately the last 3–4 years and will continue to do so for a few more years before shifting into earlier March. Eid gifting remains a core element of this celebration. It is anticipated that more than 50% of UAE residents […]

NEWS DESK

Fed Holds Rates Steady – Century Financial

PR News Desk 20/03/2025

The Federal Reserve has decided to keep interest rates steady, meaning there will be no changes in this area for now. The median forecast for rate cuts remains unchanged from December, with expectations of two rate cuts being the central projection. Additionally, the Fed is slowing its Treasury runoff, a part of quantitative tightening, to […]

NEWS DESK

Gold rose by 0.18% today – Century Financial

PR News Desk 19/03/2025

WTI crude oil futures extended its recent decline toward $66 per barrel on Wednesday, pressured by prospects of increased Russian supply.This follows President Putin’s agreement to halt attacks on Ukrainian energy sites while rejecting a 30-day ceasefire. The potential lifting of Russian sanctions added to concerns over a surplus, as OPEC and its allies plan […]

NEWS DESK

Gold Prices in UAE Steady Amid Global Economic Uncertainty – Century Financial

PR News Desk 17/03/2025

WTI crude oil futures rose to around $67.6 per barrel on Monday, extending gains from the previous session, after top oil importer China promised new measures to boost consumption, and the U.S. ordered attacks on Yemen’s Houthis. Beijing on Sunday unveiled plan on special initiatives to revive consumption, including raising people’s incomes and establishing a

NEWS DESK

US Trade Uncertainty Drives Volatility in Crude Oil and Gold Prices – Century Financial

PR News Desk 10/03/2025

Oil prices took a hit this week, and according to Rystad Energy, the bearish mood is real—but temporary. Brent crude briefly dipped near $69 per barrel as markets reacted to OPEC+’s decision to gradually increase output starting in April, while ongoing tariff drama from Washington continues to rattle demand expectations. Higher flows from Kazakhstan and […]

NEWS DESK

Oil Drops, Bitcoin Stabilizes, Gold Surges Amid Trade Fears – Century Financial

PR News Desk 05/03/2025

Oil prices fell for a third session on Wednesday as plans by major producers to raise output in April combined with concerns that US tariffs on Canada, Mexico and China will slow economic growth and hit fuel demand. The Organization of the Petroleum Exporting Countries and its allies including Russia, a group known as OPEC+, […]

NEWS DESK

Bitcoin Drops to 3.5-Month Low – Century Financial

PR News Desk 28/02/2025

Bitcoin (BTC) fell below $80,000 on Friday, hitting its lowest level in 3.5 months amid uncertainty over U.S. President Donald Trump’s tariff plans, crypto regulations, and weak investor sentiment following a $1.5 billion hack in Ethereum. The world’s largest cryptocurrency was last down 5.7% at $79,792, having touched an intraday low of $78,523, its weakest

NEWS DESK

Gold Prices Edge Higher Amid Economic Uncertainty, With Focus on US Data and Fed’s Next Move

PR News Desk 26/02/2025

Gold prices have edged slightly higher after a sharp decline from near all-time highs yesterday as economic uncertainty and ongoing fears of instability around Donald Trump’s tariff plans provide some support to the yellow metal as a safe-haven asset. However, movements remain more or less rangebound. The US consumer confidence fell the most since August […]

NEWS DESK

Crude Oil, Bitcoin and Gold Face Market Pressures Amid Global Uncertainty and Technical Challenges – Century Financial

PR News Desk 24/02/2025

Hedge funds are turning less optimistic on crude oil’s prospects, trimming net-bullish bets in a further sign of market softening.Net-long positions for US marker West Texas Intermediate fell for a fourth week to the lowest since October. The corresponding measure for global benchmark Brent was dialed back by the most since December in a third […]

NEWS DESK

Gold Hits All-Time High as Safe-Haven Demand Grows Amid Geopolitical Tensions – Century Financial

PR News Desk 20/02/2025

Oil prices steadied following a series of modest gains, as an industry report highlighted another increase in US crude stockpiles, adding to the ongoing uncertainty over global supplies. The industry-funded American Petroleum Institute reported a 3.3 million-barrel increase in US commercial inventories last week, which would be the fourth week of builds if confirmed by

NEWS DESK

Century Financial debuts ‘Make Friends with Market Trends’ campaign

PR News Desk 11/02/2025

In an industry filled with trading platforms and investment solutions, investors often struggle to cut through the noise and make informed decisions. With constant market shifts and overwhelming data, today’s traders seek more than just analysis. To help investors understand trends, embrace both the highs and lows of the market and trade smarter, Century Financial’s […]

NEWS DESK

Crude Oil, Gold & Bitcoin React to U.S. Tariffs – Century Financial

PR News Desk 03/02/2025

WTI crude oil futures rose to around $73.9 per barrel on Monday after U.S. President Donald Trump imposed tariffs on Canada, Mexico, and China, raising concerns about potential supply disruptions. The U.S. announced tariffs of 25% on goods from Canada and Mexico, and 10% on those from China, set to take effect on Tuesday. Canadian […]

NEWS DESK

Indian Budget 2025-26: NRI Reforms to Simplify Investment and Tax Filing

PR News Desk 01/02/2025

The Indian budget for 2025-2026 of the Modi government is likely to provide a boost to domestic consumption, with the finance minister announcing that no tax will be payable on income up to Rs 1.2 million. Expectations are that this could provide a considerable consumption boost of Rs 700 billion, and it can be rightfully termed middle-class-friendly. […]

NEWS DESK

Century Financial Celebrates 35 Years of Excellence with Employee-Centric Awards Night

PR News Desk 31/01/2025

In a rapidly evolving workplace, the shift in employee expectations underscores the critical need for companies to foster a culture where employees feel valued, supported, and motivated to contribute to the organization’s growth. As per a recent report by  Parisima Talent a strategic talent acquisition business within Dulsco Group, companies are prioritizing financial

NEWS DESK

Fed Keeps Rates Unchanged, Eyes Inflation Progress Before Future Cuts – Century Financial

PR News Desk 30/01/2025

The Federal Open Market Committee meeting on 29th January went as expected widely by market participants, with the Federal Reserve keeping interest rates unchanged for a range of 4.25%-4.50%. In the three meetings prior to this, interest rates were cut by a total of 100 basis points. At the current moment, Fed Fund Futures suggest […]

NEWS DESK

US Tech Stocks Under Pressure as China’s Deep Seek AI Models Surge, Shaking Investor Confidence – Century Financial

PR News Desk 28/01/2025

Comments on Deep Seek :  Global equity markets, particularly the big tech names from the US, have started the week with a bloodbath of sorts. The latest developments arising out of China have rattled the core of US Big Tech’s existence. AI models from Deep Seek, the Chinese company, have zoomed to the global top […]

NEWS DESK

India Union Budget 2025 : Key Expectations – Century Financial

PR News Desk 27/01/2025

With Finance Minister Nirmala Sitharaman all set to present Union Budget 2025 on February 1 in the Lok Sabha, industry stakeholders, investors and, rather, the entire country are looking at a slew of measures to be announced. Key demands include increased tax exemptions, deductions, and targeted reforms to boost growth in manufacturing, agriculture, infrastructure, and

NEWS DESK

Bitcoin Surges Above $109K as Trump Inauguration Sparks Crypto Rally – Century Financial

PR News Desk 20/01/2025

Bitcoin (BTC), the world’s oldest and most valuable crypto, has rallied above $109,500 over the weekend as Donald Trump’s inauguration ceremony to assume the US President’s office approaches. The TRUMP coin, as well as wife Melania Trump’s own official cryptocurrency, are among the topmost gainers early Monday. It remains to be seen if Trump’s oath-taking […]