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Century Financial

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Gold Holds Near $4,155 as Fed Cut Odds Hit 85% and Dollar Slides Below 100 : Comments from Vijay Valecha , CIO – Century Financial

US Markets  The S&P 500 rose 0.75% in yesterday’s session, while the Nasdaq 100 gained 0.96%, marking four days of a winning streak as AI stocks rebounded and on increased expectations that the Federal Reserve will end the year with another rate cut next month. Markets are now pricing an 80.4% probability of a 25-basis-point […]
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Markets Rise on Rate-Cut Hopes as Gold Tests Breakout and Dollar Slips : Comments from Vijay Valecha , CIO – Century Financial

US Markets  The S&P 500 gained 0.84% in yesterday’s session while the Nasdaq rose 0.52% extending its three-day winning streak. The positive momentum continues for today with the S&P 500 trading at $6,785 up by 0.32% reflecting solid investor confidence. Alphabet rose 1.53% to a record close of $323.44, marking a closer to a $4 […]
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Gold Breaks Higher as Oil Slips on Supply Glut — Market Signals Shift: Comments from Vijay Valecha , CIO – Century Financial

US Markets  The S&P 500 extended its strong rebound, rising 1.43% in yesterday’s session, while the Nasdaq gained 2%, supported by a renewed tech-led rally. Optimism around a potential Federal Reserve rate cut continues to support sentiment, with the index currently trading at $6,703 in today’s session. Megacap technology stocks were the main drivers of […]
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Dubai’s Investment Boom: What’s Driving Smart Money Into the Emirate’s Key Sectors : Comments from Vijay Valecha , CIO – Century Financial

Smart money, the capital deployed by institutional and sophisticated investors, has become the essential conviction signal in today’s market. For Dubai, its rise as a leading frontier market is not just an anecdotal marketing narrative but one supported by actual economic data, including fund flows and new firm incorporations. From prime real estate to the […]
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Commodities Mixed: Crude Slips, Gold Holds Firm as Fed Bets Shift: Comments from Vijay Valecha , CIO – Century Financial

US Markets  After experiencing a steep selloff last week, U.S. indices ended the week with a rebound late Friday. This momentum appears to have continued at the beginning of this week, triggered by renewed hopes of a December rate cut. New York Fed President, John Williams, highlighted growing risks to employment and diminishing upside risks […]
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Gold Climbs as Rate-Cut Hopes Grow; Oil Steady Ahead of EIA Data : Comments from Vijay Valecha , CIO – Century Financial

Crude Oil  WTI crude oil rose by 1.54% to 60.70 in yesterday’s session. In the early Asian session today, WTI is relatively flat around 60.64, holding firm despite the API reporting a 4.4 million-barrel build in U.S. crude inventories. Geopolitics continue to be a positive catalyst, as U.S. sanctions on Rosneft and Lukoil take effect […]
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Oil Retreats as Supply Fears Ease; Gold Extends Decline on Fed Caution – Comments from Vijay Valecha , CIO – Century Financial

Crude Oil  WTI closed 2.1% higher on Friday, amid renewed geopolitical tensions, heightening supply concerns. However, it has retreated 0.76% today as supply fears have eased since then. Last week, a Ukrainian strike on the Russian port of Novorossiysk caused damage and temporarily halted operations. However, two tankers were able to dock on Sunday, signaling […]
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UAE Markets Retreat as DFM and ADX Track Global Weakness Despite Strong Q3 Earnings – Comments from Vijay Valecha , CIO – Century Financial

DFM: The DFM General Index closed the week ending 14th November with a small 1.25% decline, near the AED 5,949 level. The index has been pressured recently, dragged by a slowdown in global equity indices. The index was pressured by the lagging performance of stocks like Emirates NBD Bank, which fell by 7.91%; Talabat Holding, […]
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Gold Hits 3-Week High ; Equities Rally on Shutdown Optimism – Comments from Vijay Valecha , CIO – Century Financial

US Markets  Yesterday’s session brought a sizeable risk-on rally, as indices rose following the Senate’s passage of legislation to end government shutdown. The S&P 500 was up +1.54%, while the Nasdaq surged higher by 2%. While the early trading today shows some modest weakness in the indices, this reflects profit-taking activity, rather than renewed risk
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Equities Surge on Political Breakthrough; Dollar Dips as Gold Extends Gains – Comments from Vijay Valecha , CIO – Century Financial

US Markets The Senate’s procedural vote to resolve the record-breaking government shutdown has injected strong bullish energy into equity markets, reigniting risk appetite among investors. S&P 500 jumped 0.6% and Nasdaq 100 surged 1%, signalling broad optimism that political uncertainty and its economic drag are fading quickly. Historically, shutdown resolutions have
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Oil Slips Again as Supply Fears Grow; Gold Holds Near Key Range – Comments from Vijay Valecha , CIO – Century Financial

US Markets The SPX slipped 1.12% yesterday, while the NASDAQ fell 1.9%. Over the week, the SPX has declined 1.75%, as investors have grown cautious amid stretched valuations and an uncertain economic outlook. Markets remain tense as the government shutdown drags on, now marking the longest in U.S. history. The closure is costing roughly $15 […]
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Oil Slips on Rising U.S. Stockpiles; Gold Steadies Ahead of Fed Cues – Comments from Vijay Valecha , CIO – Century Financial

US Markets   After a risk-averse week, markets saw a modest rebound yesterday, with the SPX up 0.37% and the NDX gaining 0.72%. Dip buyers stepped in, supported by upbeat U.S. economic data, giving the market some breathing room. From a fundamental view, the recovery remains fragile but supported. Tech majors like Amazon, Google, Tesla, […]
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Gold Holds Steady, Oil Slips as Market Volatility Returns – Comments from Vijay Valecha , CIO – Century Financial Services

US Markets   The SPX dropped 1.17% yesterday, marking its biggest decline since October 10. Since reaching its recent high on October 29, the index has fallen 2.18%. The selloff was mainly triggered by Palantir. Despite posting strong earnings, investors grew wary about its frothy valuations,  as the stock trades around 217x forward P/E. Meanwhile, […]
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Gold steadies above $4,000 as investors weigh China policy and Fed signals – Comments from Vijay Valecha, CIO – Century Financial

US Markets The SPX posted a modest gain of 0.2% yesterday, mainly driven by the Mag 7 stocks. Amazon rose 4% after announcing a multi-year strategic partnership with OpenAI. However, the broader market ended in the red, with over 300 index members retreating. The NDX gained 0.5%. From a fundamental standpoint, the index continues to […]
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Oil Rises as OPEC+ Halts Output Hike and Black Sea Tensions Lift Sentiment – Comments from Vijay Valecha, CIO – Century Financial

US Markets The week ended with a 0.74% gain, driven by stellar Q3 earnings from six of the Magnificent Seven. Sentiment was also lifted by signs of easing U.S.-China trade tensions, with the Nasdaq 100 up 1.9%. From a fundamental standpoint, upbeat earnings reignited AI momentum in the markets. However, the rally cooled slightly last […]