Century Financial

NEWS DESK

Equities Slide on AI Shock; Dollar Up, Gold Consolidates – Comments from Century Financial

News Desk 24/02/2026

U.S. Markets  The S&P 500 and Nasdaq fell by almost 1% in yesterday’s session as concerns about the impact of AI hit financial and software companies. A research by Citrini laid out the potential risks AI could pose for the global economy and disrupt payment, delivery, and software

NEWS DESK

Markets Cautious After Trump Tariff Threat; Gold Firm, Oil Retreats – Comments from Century Financial

News Desk 23/02/2026

US Markets US equities are trading lower this morning with SPX down by – 0.7% as investors react to renewed global uncertainties arising from the US SCOTUS ruling on Trump tariffs. President Trump’s indication that global tariffs could potentially increase from 10% toward 15% has brought trade tensions back into focus, tempering the optimism seen […]

NEWS DESK

Equities Test Support While Oil and Gold React to Iran, Fed Signals – Comments from Century Financial

News Desk 17/02/2026

US Markets   Today, S&P500 and Nasdaq 100 contracts are trading lower by about 0.50%and 0.90%, respectively. The Nasdaq declined for a third straight week last week and is now negative for the year, as risk factors stack up. Iran began live-fire naval exercises in the Strait of Hormuz, intensifying fears about a potential disruption […]

NEWS DESK

Markets Cautious After CPI; Dollar Weaker, Gold Slips, Oil Holds : Comments from Century Financial

News Desk 16/02/2026

US Markets  The S&P 500 closed just above the flatline on Friday, rising 0.05%, while the Nasdaq 100 gained 0.18%, as a slightly softer-than-expected CPI report failed to spark a meaningful rally. However, both the indices posted declines for the week. The S&P 500 fell 1.39% and the Nasdaq 100 dropped 1.37%. Inflation data released […]

NEWS DESK

Century Financial Expands UAE Presence with New Offices in Abu Dhabi and Sharjah, Reinforcing Its Commitment to Investor Accessibility Across the Emirates

News Desk 16/02/2026

Century Financial, a leader in the UAE’s financial services sector with over 35 years of national presence, has expanded to new locations in Abu Dhabi and Sharjah. This strategic move reinforces the company’s long-standing commitment to improving accessibility, offering bespoke client services, and fostering deeper local engagement within these key emirates.

NEWS DESK

AI Fears Weigh on Equities; Dollar Edges Up, Oil Retreats, Gold Recovers – Comments from Century Financial

News Desk 13/02/2026

US Markets  Stocks remained under pressure as sentiment soured after AI-related concerns triggered a selloff in US tech shares.  The S&P 500 fell 1.5% on Thursday, erasing YTD gains for the index, which is now down 0.2%. The Nasdaq 100 Index has lost 2.2% YTD and fell 1.8% on Thursday. The sharp moves over the […]

NEWS DESK

UAE Markets Defy Global Weakness, Hit Multi-Year Highs : Comments from Century Financial

News Desk 13/02/2026

UAE markets have shown resilience despite global market volatility. The S&P 500 and Nasdaq are expected to end the week in the red, yet UAE markets remain relatively stable. In the US, stocks faced selling pressure amid AI-related concerns, triggering a broad selloff in technology shares. Additionally, key economic data releases contributed to negative sentiment. […]

NEWS DESK

Strong Jobs Lift Dollar; Oil Up on Iran Risks, Stocks Steady, Gold Softens – Comments from Century Financial

News Desk 12/02/2026

US Markets  The S&P 500 ended the session little changed, with a slight decline of 0.05%. Worries around the impact of artificial intelligence on several industries curtailed a rally fuelled by strong employment data. Stocks had initially received a boost from stronger-than-expected employment data. Payrolls rose in January by the most in more than a […]

NEWS DESK

US Stocks Slip; Dollar Weakens, Gold and Oil Rise Ahead of NFP – Comments from Century Financial

News Desk 11/02/2026

US Markets  US stocks declined on Tuesday as investors examined the first of several key economic data releases this week for clues on the Fed’s monetary policy. The S&P 500 Index closed 0.3% lower, snapping a two-session winning streak, and the Nasdaq 100 Index declined 0.6%. On Tuesday, Retail sales unexpectedly stalled in December. The […]

NEWS DESK

US Stocks Steady After Tech Rebound; Dollar Weakens as Oil and Gold Hold Firm – Comments from Century Financial

News Desk 10/02/2026

US Markets  The S&P 500 index was up 0.47% in Monday’s session. U.S. stock futures were little changed Tuesday morning after two consecutive sessions of gains, with S&P 500 and Nasdaq 100 futures edging slightly lower. The broader market remains supported by a strong rebound in tech stocks, which extended last Friday’s comeback and eased […]

NEWS DESK

Global Markets: US Stocks Rebound on Short Covering; Dollar Slips, Gold Recovers – Comments from Century Financial

News Desk 09/02/2026

US Markets  U.S. equities rebounded on Friday, clawing back much of the losses earlier in the week. The S&P 500 rose 1.97%, the Nasdaq gained 2.15%, and the Russell 2000 jumped 3.6% after a violent midweek selloff. Though, for the first week of February, SPX was down 0.1%, Nasdaq declined 1.87%. Russell 2000 was up […]

NEWS DESK

DFM and ADX Post Third Weekly Gain as UAE Markets Start Year Strong : Comments from Century Financial

News Desk 07/02/2026

DFM General Index  The Dubai benchmark, the DFM General Index, recorded a modest 3.97% gain. Despite the global volatility, UAE markets remained resilient. The volatility is due to nomination of Kevin Warsh as a Fed governor, who is viewed as more hawkish, triggering a sell-off in US technology stocks and weighing on global markets. This […]

NEWS DESK

Markets Slip as Tech Weakens; Dollar Supported, Oil Recovers, Metals Rebound – Comments from Century Financial

News Desk 06/02/2026

US Markets  The SPX index slipped 1.2% yesterday amid tech, AI, and broader selling that hit markets. This marked the third consecutive day of decline for the index. The indications are clear that AI spending will be rewarded by the markets only if its monetisation pipeline has started bearing fruits, beats expectations and generates strong […]

NEWS DESK

Risk-Off Returns: AI Stocks Slide, Dollar Rises, Metals Extend Losses – Comments from Century Financial

News Desk 05/02/2026

US Markets  The SPX index slid 0.5% yesterday amid selling pressure that rattled tech and AI companies. It is trading 0.48% lower at around $6,872 in today’s session. The software-sector jitters that affected markets yesterday are turning into a broader AI slump. Nasdaq fell 1.7%, marking two consecutive days of decline. Google reported an 18% […]

NEWS DESK

US Stocks Steady After Tech Selloff; Dollar Softens, Oil Firms, Gold Rebounds – Comments from Century Financial

News Desk 04/02/2026

US Markets  The SPX index slipped 0.8% yesterday, with tech and software companies bearing the brunt of a new AI tool announcement from Anthropic that threatened competitors. It is trading steadily around $6,920 in today’s session. Anthropic announced that it was adding new legal tools to its Cowork assistant, meant to help automate a number […]

NEWS DESK

US Stocks Rise on Strong ISM Data; Dollar Steady, Oil Slides, Gold Rebounds – Comments from Century Financial

News Desk 03/02/2026

US Markets  The SPX index logged a 0.6% gain yesterday and is trading around 0.21% higher at $6,990 in today’s session. This upside was underpinned by surprisingly strong readings from the ISM Manufacturing PMI, which printed 52.6 in January 2026, up from 47.9 in December, and well above forecasts of 48.5. It represented a strong […]

NEWS DESK

Markets Brace for Earnings Week as Dollar Rebounds, Oil and Metals Extend Losses – Daily Market Comments from Century Financial

News Desk 02/02/2026

U.S. Markets The SPX index closed last week higher by 0.34% and is trading around $6,858 in today’s session. This week will be defined by key earnings, especially tech heavyweights Alphabet and Amazon. Focus will be on forward earnings and capex guidance. Pharmaceutical companies Pfizer, Novo Nordisk and Eli Lily will also report earnings this […]

NEWS DESK

US Stocks Slide as Fed Stays Hawkish; Dollar Rallies, Oil and Gold Retreat – Daily Market Comments from Century Financial

News Desk 30/01/2026

US Markets  The SPX Index is down 0.6% today and is currently trading at $6,920. From a fundamental stance, on the data front, the hawkish stance of the Fed continues to weigh on the SPX index. The Fed held its rate steady at 3.5%-3.75% after three rate cuts. Though the cut was in line with […]

NEWS DESK

Gold and Oil Extend Rally as Fed Flags Inflation Risks; US Stocks Steady – Daily Market comments from Century Financial

News Desk 30/01/2026

US Markets  The SPX Index is up 0.05% today and is currently trading at $6,990. From a fundamental stance, on the data front Fed’s FOMC garnered attention yesterday. The Fed held its rate steady at 3.5%-3.75% after three rate cuts. Though the cut was in line with market expectations, there is a shift in the […]

NEWS DESK

Market Reaction to the US Fed’s Latest Policy Decision – Century Financial and Saxo Bank

News Desk 29/01/2026

Vijay Valecha, CIO, Century Financial The Federal Reserve kept interest rates unchanged at the range of 3.50% to 3.75% as expected by market participants in the first FOMC meeting of 2026. Out of the 12 voting members, 10 members supported the decision to pause, while two members, Stephen Miran and Christopher Waller, voted against. Supporting […]