Crude Oil WTI crude gained 6.25% last week and is currently trading at $86.11, down 1.65% in early Monday trading. While prices are lower today following increased tanker activity through the Strait of Hormuz, the broader fundamental backdrop remains supportive. Around 40 tankers moved through
Century Financial
The UAE markets ended the week slightly lower, amid developments in the global economy and the wider geopolitical landscape. The DFM General Index fell 0.49% over the week to 5,856.55. That said, Dubai has had a particularly strong month and is still up more than 15% month-to-date. Abu Dhabi saw a similar move, with the […]
Gold & Silver Gold pulled back on Thursday, down around 0.7% to trade near $4,488 per ounce, as investors booked profits following Wednesday’s sharp 4%+ rally that took prices to $4,525.79, their highest level since June 2. The move came after a surprise announcement from the U.S. Treasury Department that it would double the size […]
US Dollar Index DXY extends its slide Wednesday, down ~0.2% near 99.40, as Treasury yields ease from Tuesday’s selloff highs. Drivers: 10-year yield near 4.70%, 30-year back to ~5.27% off its near 20-year peak. Markets price 67% odds of unchanged Fed rates in September; eyes on today’s FOMC minutes (2 p.m. ET). Softer labour/inflation data […]
Gold & Silver Gold and silver remain firmly supported by a softer US dollar, fading expectations of a near-term Fed rate hike, and renewed demand across precious metals. Gold is trading around $4,403 per ounce, having risen on Monday before giving back some gains on Tuesday as higher Treasury yields and rising oil prices weighed […]
Gold Gains on Fed Easing Bets While Hormuz Risks Keep Oil Elevated – Comments from Century Financial
Gold & Silver Gold is trading 0.55% higher at $4,401 per ounce this morning, rebounding after Thursday’s 1.3% decline as weaker-than-expected US retail sales reinforced expectations for a more accommodative Federal Reserve. Softer economic data has pushed Treasury yields lower and weighed on the dollar, strengthening the macro backdrop for non-yielding assets such as
U.S. Markets U.S. equities remain firmly bullish, with the S&P 500 hitting a fresh all-time high of $7,816 yesterday. The index is trading around $7,800 in early trading today. Tech and communication services led gains, while the Nasdaq and S&P 500 remain on track for a third consecutive weekly advance. The rally continues to be […]
US Equities Hold Gains as Softer CPI Eases Fed Tightening Concerns – Comments from Century Financial
U.S. Markets U.S. equities remain supported after July CPI broadly matched expectations, easing concerns around inflation and near-term Fed policy. The S&P 500 closed 0.2% higher yesterday and is trading near $7,756 (+0.15%) today, while the Nasdaq 100 climbed 0.56% and is up 0.28% in early trading today. July CPI rose 0.1% MoM and 3.4% […]
U.S. Markets The SPX index is trading at $7,753 today and remains relatively flat, with the Nasdaq 100 trading at $29,660, as investors weigh easing hopes around the Strait of Hormuz against renewed uncertainty over U.S.-Iran negotiations. Brent crude remains elevated near $90 after climbing almost 4% yesterday, keeping pressure on equities and raising inflation […]
Gold and Silver Gold and silver are trading higher today, with gold up 0.35% and silver up around 1% at the time of writing. Gold is holding above the $4,300 level after gaining around 7% last week, its strongest weekly performance since January. The move continues to be supported by softer US labor-market data, which […]
UAE equity markets closed the week on a strong note, with a significant easing of regional tensions providing a clear catalyst for investor sentiment. In a major development recently, the US and Iran are close to reaching a deal and opening the Strait of Hormuz. The near-term optimism has boosted global equity indices and caused […]
US Markets US equity indices consolidated yesterday as the AI and tech rally took a breather. SPX was down 0.3%, closing around $7,700. In today’s session, SPX appears to be trading flat as investors await the July jobs report. The outlook for today is mildly bullish, driven by resilient earnings. In corporate news, Airbnb jumped […]
US Markets US equity indices were mixed yesterday following a temporary cooldown in the AI rally. SPX was down 0.2%, closing around $7,730. In today’s session, SPX appears to be trading marginally higher around $7,740. The outlook for today is moderately bullish. Healthcare stocks performed well yesterday as Eli Lilly reported strong results. Surging demand […]
US Markets US equity indices closed higher yesterday as earnings momentum continues. SPX rose 1.8% to $7,750, a new record, and NDX jumped 3%. In today’s session, both indices are marginally higher, with SPX trading around $7,770. The outlook for today is bullish. Strong earnings results from Palantir and Caterpillar helped pull stock indexes higher. […]
US Markets US equity indices closed higher yesterday, with MAG7 leading the charge. SPX rose 1.7% to $7,610, testing its all-time highs, and NDX jumped 2.3%. In today’s session, both indices are marginally higher, with SPX hitting a fresh record of $7,620. The outlook for today is bullish. Magnificent Seven tech stocks were on quite […]
US Markets US equity indices closed last week in gains, despite volatility. SPX rose 0.90% as breadth widened, and NDX was little changed. In today’s session, indices jumped higher as oil prices retreated amid hopes of a US-Iran deal. The SPX is up 0.8% above $7,500. The outlook for today is bullish. July was a […]
UAE equities delivered a mixed performance this week as investors weighed the country’s resilient economic backdrop against lingering global macro uncertainty. Sentiment remained broadly constructive, supported by confidence in the domestic economy and anticipation of the upcoming earnings season. At the same time, investors became more selective, favouring
The Federal Reserve’s decision to hold interest rates at 3.50% to 3.75% was widely expected. However, three members dissenting in favour of a rate hike, combined with Chair Kevin Warsh’s deliberately limited forward guidance, left markets with more questions about the direction of monetary policy. With inflation still above target, oil prices vulnerable to […]
This week’s FOMC meeting is highly unpredictable as Chairman Kevin Warsh hasn’t revealed whether he favours a rate hike. Officials face sharply conflicting signals on growth and inflation. The Fed was evenly divided on further rate hikes at its last meeting. Warsh could tip the balance. In a no-guidance regime, the headline decision could remain […]
With the US Federal Reserve set to announce its latest interest rate decision this week, markets are closely watching whether policymakers will keep rates on hold or signal that further tightening remains on the table. While a pause is widely expected, persistent inflation concerns, fluctuating oil prices, and geopolitical developments continue to complicate the outlook.












