Century Financial

NEWS DESK

Bitcoin Consolidates, Gold Slips Amid Risk-On Sentiment : Comments from Century Financial

PR News Desk 23/07/2025

Crude oil prices edged higher today as investors digested fresh developments in U.S. trade policy. Brent climbed by 0.15% toward $68 after a three-day retreat, while WTI increased by 0.32% near $65.30. The gains followed President Trump’s announcement of new tariff agreements—19% with the

NEWS DESK

Geopolitical Uncertainty Creates Tug-of-War in Oil Markets : Comments from Century Financial

PR News Desk 21/07/2025

Oil prices remained largely stable on Monday, with Crude trading at $68.60 and WTI at $65.85, balancing new European sanctions targeting Russian oil with concerns that escalating tariffs could stifle fuel demand, even as OPEC producers increase output. The EU’s 18th sanctions package aims to cut Russia’s oil revenues by banning imports of petroleum products

NEWS DESK

Oil Prices Dip Amid Tariff Concerns, but Demand Holds Steady : Comments from Century Financial

PR News Desk 17/07/2025

Oil prices declined by around 2% over the last three sessions after Trump announced that he would send letters to over 150 countries, notifying them of tariff rates ranging from 10% to 15%. Moreover, U.S. government data presented a mixed picture of stockpiles, showing an increase in distillate holdings but a decline in nationwide crude […]

NEWS DESK

Bitcoin crossed the $120,000 level for the first time : Comments from Century Financial

PR News Desk 14/07/2025

Bitcoin crossed the $120,000 level for the first time on Monday, marking a major milestone for the world’s largest cryptocurrency as investors bet on long-sought policy wins for the industry this week. Starting on Monday, the U.S. House of Representatives will debate a series of bills to provide the digital asset industry with the nation’s […]

NEWS DESK

Ethereum is about to give a bullish breakout – So is the UAE crypto use case adoption

PR News Desk 10/07/2025

Global crypto markets are currently euphoric, with participants eyeing the ongoing rally in Ethereum as a sign of positive times ahead for the entire blockchain space. Bitcoin has rallied and remains the market leader. Ethereum’s rise, however, could signal a more bullish uptick for the entire blockchain space, as the protocol accounts for nearly 50% […]

NEWS DESK

Gold, Silver Steady Amid Tariff Uncertainty : Comments from Century Financial

PR News Desk 08/07/2025

Crude Oil prices bounced back significantly on Monday, with a 1.95% rise in WTI and a 2.41% rise in Brent by the close. Despite an increase in supply from OPEC+ members over the weekend, crude oil prices continued to rise. This could primarily be due to renewed geopolitical tensions in the Middle East, specifically after […]

NEWS DESK

Tariff Shockwaves: U.S. Trade Moves Fuel Inflation Risks, Bond Market Volatility : Comments from Century Financial

PR News Desk 07/07/2025

In April, President Trump imposed a 10% baseline tariff on imports from all countries, before suspending them later on for negotiation purposes. The US administration has threatened that, in the absence of new agreements, tariffs would revert to the higher levels by August 1. Letters of notification are being sent to around 100 nations with […]

NEWS DESK

Gold Holds Firm Above $3,330 Despite Hawkish Fed : Comments from Century Financial

PR News Desk 02/07/2025

WTI dipped by 0.32% today and is currently trading at $66.26. From a fundamental standpoint, the API’s weekly Crude Oil Stocks report was released today. The actuals were recorded at 680K barrels, versus an expected decline of 2.26 million. This triggered a bearish sentiment among participants. From a technical stance, WTI continues to trade close […]

NEWS DESK

UAE Temperature Soars past 48 °C – Tabreed’s AED 3.8 billion Acquisition of PAL Holdings Cooling the Blisters

PR News Desk 01/07/2025

Stocks in Focus Acquirer Company Tabreed UH Equity | DFM Listed | Last Price : AED 2.84 | 52 Week High : AED 3.29 | 52 Week Low : AED 2.49 | Market Cap : AED 8.08 Billion | YTD Returns : -5.33% Target Company Multiply Group is the 100 % owner of the target […]

NEWS DESK

Gold Rebounds Strongly to $3,336 : Comments from Century Financial

PR News Desk 01/07/2025

Despite recent losses from risk-off sentiment unwinding, gold has rebounded strongly after testing and bouncing off the long-term bullish trendline. Today, gold prices have surged by 1%, reaching around $3,336 per ounce. This rise is fueled by the dollar’s retreat, driven by concerns over the expanding US government deficit and the progress of a massive […]

NEWS DESK

Personal Income Tax Implementation in Oman – Will the Rest of GCC Follow Suit?

PR News Desk 24/06/2025

Vijay Valecha, Chief Investment Officer, Century Financial on personal Income Tax Implementation in Oman and will the model serve as a template for rest of the GCC nations : In a landmark and much-watched move, Oman announced a new personal income tax targeting high-income earners today. Starting from January 2028, a tax rate of 5 % […]

NEWS DESK

Crude Surges, Gold Slips – Markets on Edge : Comments from Century Financial

PR News Desk 23/06/2025

Crude prices rose on Monday, briefly touching five-month highs as geopolitical risks in the Middle East escalated. Investor anxiety is mounting over potential Iranian retaliation following U.S. strikes on its nuclear facilities, especially after Iran’s parliament approved measures to potentially block the Strait of Hormuz. While oil prices initially reacted to the headline

NEWS DESK

Fed Expected to Hold Rates Steady Again as Markets Eye September Cut : Comments from Century Financial

PR News Desk 17/06/2025

The Federal Reserve is widely expected to leave the federal funds target range unchanged at 4.25%–4.50% at the June FOMC meeting, marking the seventh consecutive hold since December. According to the CME FedWatch Tool, there is a 99.8% implied probability that the Fed will stay on pause this week, reinforcing consensus around a cautious, data-dependent […]

NEWS DESK

Energy Markets on Edge : Comments from Century Financial

PR News Desk 16/06/2025

Crude prices extended Friday’s surge in early Monday trade but failed to hold higher levels, with WTI retreating to $71.56 and Brent easing to $73.25 after jumping over 13% intraday on Friday. The rally, driven by escalating Israel-Iran tensions, briefly pushed prices to multi-month highs before profit-taking and cooling momentum pulled them back toward last […]

NEWS DESK

Oil Slips on Trade Jitters; Gold Steady Ahead of Key Data : Comments from Century Financial

PR News Desk 11/06/2025

Oil prices eased on Wednesday, following a 1% decline on Tuesday, as markets weighed the results of U.S.-China trade talks, which still await President Donald Trump’s review, against concerns over weak Chinese oil demand and rising OPEC+ output. The recent price pullback reflects a combination of profit-taking and market caution ahead of the official U.S.-China […]

NEWS DESK

Gold Hits 4-Week High : Comments from Century Financial

PR News Desk 03/06/2025

In yesterday’s session, oil rallied by almost 4%, settling at $63.27 for the day. This was mainly driven by the worst fears of significant output increases not materializing as expected. On the geopolitical front, Russia and Ukraine completed a second round of talks in Istanbul, which did not bring them closer to ending the war. […]

NEWS DESK

MENA Regions First Tokenized Real Estate Project : Comments from Century Financial

PR News Desk 02/06/2025

In a significant move, the Dubai Land Department has announced the launch of the region’s first tokenized real estate investment project through the Prypco Mint Platform. The initiative is being implemented with Prypco, and collaborations from VARA, CBUAE & DFF. Zand Digital Bank is the official banking partner for the project’s main pilot phase. The […]

NEWS DESK

Oil Slips on OPEC+ Supply Surge, Gold Gains on Safe-Haven Demand : Comments from Century Financial

PR News Desk 26/05/2025

Crude oil has declined sharply this year amid concerns that Trump’s import tariffs could dent economic growth and curb demand, just as OPEC+ accelerates output increases to protect market share. Oil opened the year near $74.93 and surged to $82.63 by mid-January, only to reverse course sharply, tumbling to $58.40 by April 9. A modest […]

NEWS DESK

Gold Pauses After Record Run; Oil Tests Resistance After Double Bottom Breakout : Comments from Century Financial

PR News Desk 19/05/2025

WTI oil prices rose after exhibiting a double bottom pattern on the daily and weekly charts, closing the last week with a 2.05% gain. Although the start of the week showcased a strong performance, prices tested a resistance near the $63.5 level, where the 50-EMA also lay, and dipped to test the $60 level on […]

NEWS DESK

Gold Dips 1.1% on Risk-On Sentiment : Century Financial

PR News Desk 13/05/2025

WTI rose slightly by 0.1% and is currently trading at $62.2.From a fundamental standpoint, the US and China agreed on a much-anticipated trade agreement. According to the deal, the US and China agreed to slash reciprocal tariffs for 90 days. China will cut tariffs on the US to 10% from 125% for 90 days. The […]