Century Financial

NEWS DESK

Will UAE Banks’ Q3 Earnings Beat Expectations? Lending, Margins, and Non-Interest Income in Focus

PR News Desk 15/10/2025

UAE bank earnings are about to kick start, with prominent names, Emirates NBD and Dubai Islamic Bank, scheduled to announce their Q3 earnings this week. The earnings will serve as a bellwether event for the market, dictating the overall tone and momentum of future DFM and ADX index price

NEWS DESK

UAE Gold Prices Climb as Global Bullion Market Strengthens : Comments from Century Financial

PR News Desk 29/09/2025

Oil prices inched upward in early trading during the European session on Monday, extending last week’s gain of over 4%. Both WTI and Brent rose to their highest levels since August 1 as Ukraine struck Russia’s energy infrastructure and the U.S. reported an unexpected drawdown in inventories. So far, oil markets have absorbed the additional […]

NEWS DESK

Gold’s surged to a fresh record high : Comments from Century Financial

PR News Desk 23/09/2025

Crude oil prices are under pressure, trading 0.61% lower at $62.30 in today’s session after forming a Doji candlestick pattern in the previous session, signaling market indecision. Downside sentiment was reinforced by news that Iraq, the Kurdistan Regional Government, and international oil companies have reached an agreement to resume crude exports via the pipeline to […]

NEWS DESK

Fed Cuts Rates by 25bps, Signals More Easing Ahead : Comments from Century Financial

PR News Desk 18/09/2025

The Federal Reserves slashed interest rates by 25-basis-points on September 17, in line with broader market expectations. Additionally, the central bank has penciled in two more rate cuts for the year, although the decision was not unanimous. Nine officials were in favor of two or less interest rate cuts, while ten showcased their support for […]

NEWS DESK

Gold surged to yet another record high of $3,690 on Tuesday : Comments from Century Financial

PR News Desk 16/09/2025

Oil rose by 1% in yesterday’s session after investors tracked a supply disruption from Russia after Ukrainian drone attacks on its refineries. According to the estimates from Goldman Sachs, Russia’s refining capacity reduced by 300k barrels per day in August and so far in September due to drone attacks. In today’s session, the commodity has […]

NEWS DESK

Oil Prices Rebound as OPEC Slows Output Hike, Markets Eye Fed Rate Cut and Russia Sanctions : Comments from Century Financial

PR News Desk 09/09/2025

Crude Oil prices experienced fluctuations of about $1 to $2 on Monday but ended up slightly higher by market closing, with WTI indicating a 0.65% gain and Brent showing a 0.86% rise. Tuesday’s Asian session saw a continuation in the recovery of prices with a 0.51% upmove in WTI and a 0.53% upmove in Brent. […]

NEWS DESK

Gold Hits Record $3,508.90 as Fed Cut Bets Rise, Oil Gains on Supply Risks – Comments from Century Financial

PR News Desk 02/09/2025

Following a 0.84% increase yesterday, gold reached a record high of $3,508.90 in early trading today, as expectations of Federal Reserve rate cuts and rising concerns over the central bank’s independence fueled the multi-year rally in precious metals. ETFs added 104,284 ounces of gold to their holdings in the last trading session, bringing this year’s […]

NEWS DESK

Gold Surges Beyond Forecasts – Insights & Tips for Retail Success from Century Financial

PR News Desk 25/08/2025

Gold has continued to outperform forecasts this year, reinforcing its reputation as the ultimate safe-haven asset. UBS has upgraded its projections, expecting an average of $3,600 per ounce in Q1 2026 and $3,700 in Q2 2026, levels it anticipates will hold into the following quarter. After reaching a record $3,500 in April 2025 and consolidating […]

NEWS DESK

Fed Rate Cut Odds Weigh on Dollar : Comments from Century Financial

PR News Desk 18/08/2025

Crude oil slipped 0.84% last week, reflecting ongoing softness and suggesting that bearish momentum could persist. The Alaska summit underscored softer supply risks, as Washington avoided imposing tariffs on Chinese oil imports despite ongoing Russian purchases, signaling a reluctance on the part of the Trump administration to trigger moves that could push global crude

NEWS DESK

Gold Supported by Central Bank Buying, Strong Indian Demand Outlook : Comments from Century Financial

PR News Desk 13/08/2025

Oil fell 1.2% on Monday and steadied after an early drop on Tuesday, as investors await Friday’s meeting between US and Russian leaders for fresh direction. Traders are closely watching the lead-up to the talks, which could result in eased US sanctions on OPEC+ member Russia and potentially bring more supply to the market. Prices […]

NEWS DESK

Oil fell 5% last week, its biggest drop since June : Comments from Century Financial

PR News Desk 11/08/2025

Oil fell 5% last week, its biggest drop since June, before a meeting between the US and Russian leaders on Friday, which is raising the prospect of an end to the war in Ukraine and more supply. President Donald Trump did not announce new sanctions on Russia or tariffs on its energy buyers during the […]

NEWS DESK

Crude Oil Holds Strong Amid OPEC+ Hike and Geopolitical Risks; Crypto and Gold Rally on Fed Cut Hopes : Comments from Century Financial

PR News Desk 04/08/2025

Despite OPEC+’s planned production increase in September, the crude oil market displays underlying bullish momentum. Today, Brent and WTI both rebounded by 0.68% to $69.50 and $66.90 respectively, defying previous session losses, underscoring market resilience. While the 547,000 bpd increase from OPEC+ (part of a larger 528,000 bpd total quota adjustment) aims to

NEWS DESK

US Federal Reserve Decision Impact on UAE : Comments by Century Financial

PR News Desk 31/07/2025

“The US Federal Reserve’s interest rate decisions directly influence the UAE economy due to the UAE dirham’s peg to the US dollar. The Central Bank of the UAE (CBUAE) aligns its monetary policy with the Fed to maintain this peg. On July 30, 2025, the CBUAE kept its key interest rate unchanged, mirroring the Fed’s […]

NEWS DESK

Oil Rallies on Tariff Threats, Gold Slips as Dollar Gains Strength : Comments from Century Financial

PR News Desk 29/07/2025

Crude Oil prices rallied to a weekly high on Monday, with WTI up 2.79% and Brent up 2.89% by close. This was driven as investors digested President Trump’s threat towards Russia. He stated that Russia would be given a new deadline of 10 to 12 days to make progress towards ending the war with Ukraine, […]

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 Philippines and 15% with Japan.Adding to the momentum, U.S. Treasury Secretary […]

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 […]