Century Financial

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

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 […]

NEWS DESK

US Stocks at Record Ahead of Fed; Dollar Pressured, Gold Extends Rally – Daily Market comments from Century Financial

News Desk 28/01/2026

US Markets  SPX is trading at $7,000 in the early Asian trading session today, at an all-time high, signalling bullish momentum even with a potential US government shutdown, fresh tariff threats toward Canada, and lingering disruption from a winter storm. The market has absorbed the news without much stress, suggesting confidence remains intact. Technology is […]

NEWS DESK

Markets Mixed Ahead of Fed: Equities Hold Near Highs, Dollar Pressured, Metals Surge : Comments from Vijay Valecha , CIO – Century Financial

News Desk 27/01/2026

US Markets  The SPX Index is up by about 0.355 today and is currently at $6,967. From a fundamental stance, the US market gained strength from the higher-than-expected Durable Goods Orders, which suggested strong consumption. Durable Goods Order MoM rose 5.3% in November against the 3.1% consensus. Consequently, the Dallas Fed Manufacturing Index improved from […]

NEWS DESK

Market Watch: What investors expect from the upcoming Fed meeting

News Desk 27/01/2026

Ahead of the upcoming US Federal Reserve meeting on 27–28 January, I’m sharing expert market commentary from three regional and global financial institutions on what to expect from the Fed and the potential implications for markets, interest rates, and investor sentiment.   Aliasgar Tambawala Co-CIO, Klay Group We do not expect any major policy developments […]

NEWS DESK

US Stocks Steady Ahead of Fed; Dollar Slides, Oil Holds, Gold and Silver Hit Records : Comments from Vijay Valecha , CIO – Century Financial

News Desk 26/01/2026

US Markets  US equity markets closed relatively flat on Friday, with the SPX index falling 0.04% and the NDX index rising 0.25%. Although both indices opened with a gap down on Monday, the Asian session erased losses, with the SPX trading 0.06% higher and the NDX trading 0.03% higher. The markets initially reacted to Trump’s […]

NEWS DESK

DFM and ADX Post Third Weekly Gain as UAE Markets Start Year Strong : Comments from Vijay Valecha , CIO – Century Financial

News Desk 23/01/2026

DFM General Index  Despite Friday’s wobble, Dubai’s benchmark DFM General Index delivered its third consecutive weekly gain. It ended the week at 6,484.38. On January 22, the index gained 1.5%, marking its largest gain since mid-July 2025. In fact, Dubai started the year on a solid footing, delivering a month-to-date gain of 7.2%. This week’s […]