Century Financial

NEWS DESK

Tariff Shockwaves: U.S. Trade Moves Fuel Inflation Risks, Bond Market Volatility : Comments from Century Financial

PR News Desk 07/07/2025

In April, President Trump imposed a 10% baseline tariff on imports from all countries, before suspending them later on for negotiation purposes. The US administration has threatened that, in the absence of new agreements, tariffs would revert to the higher levels by August 1. Letters of

NEWS DESK

Gold Holds Firm Above $3,330 Despite Hawkish Fed : Comments from Century Financial

PR News Desk 02/07/2025

WTI dipped by 0.32% today and is currently trading at $66.26. From a fundamental standpoint, the API’s weekly Crude Oil Stocks report was released today. The actuals were recorded at 680K barrels, versus an expected decline of 2.26 million. This triggered a bearish sentiment among participants. From a technical stance, WTI continues to trade close […]

NEWS DESK

UAE Temperature Soars past 48 °C – Tabreed’s AED 3.8 billion Acquisition of PAL Holdings Cooling the Blisters

PR News Desk 01/07/2025

Stocks in Focus Acquirer Company Tabreed UH Equity | DFM Listed | Last Price : AED 2.84 | 52 Week High : AED 3.29 | 52 Week Low : AED 2.49 | Market Cap : AED 8.08 Billion | YTD Returns : -5.33% Target Company Multiply Group is the 100 % owner of the target […]

NEWS DESK

Gold Rebounds Strongly to $3,336 : Comments from Century Financial

PR News Desk 01/07/2025

Despite recent losses from risk-off sentiment unwinding, gold has rebounded strongly after testing and bouncing off the long-term bullish trendline. Today, gold prices have surged by 1%, reaching around $3,336 per ounce. This rise is fueled by the dollar’s retreat, driven by concerns over the expanding US government deficit and the progress of a massive […]

NEWS DESK

Personal Income Tax Implementation in Oman – Will the Rest of GCC Follow Suit?

PR News Desk 24/06/2025

Vijay Valecha, Chief Investment Officer, Century Financial on personal Income Tax Implementation in Oman and will the model serve as a template for rest of the GCC nations : In a landmark and much-watched move, Oman announced a new personal income tax targeting high-income earners today. Starting from January 2028, a tax rate of 5 % […]

NEWS DESK

Crude Surges, Gold Slips – Markets on Edge : Comments from Century Financial

PR News Desk 23/06/2025

Crude prices rose on Monday, briefly touching five-month highs as geopolitical risks in the Middle East escalated. Investor anxiety is mounting over potential Iranian retaliation following U.S. strikes on its nuclear facilities, especially after Iran’s parliament approved measures to potentially block the Strait of Hormuz. While oil prices initially reacted to the headline

NEWS DESK

Fed Expected to Hold Rates Steady Again as Markets Eye September Cut : Comments from Century Financial

PR News Desk 17/06/2025

The Federal Reserve is widely expected to leave the federal funds target range unchanged at 4.25%–4.50% at the June FOMC meeting, marking the seventh consecutive hold since December. According to the CME FedWatch Tool, there is a 99.8% implied probability that the Fed will stay on pause this week, reinforcing consensus around a cautious, data-dependent […]

NEWS DESK

Energy Markets on Edge : Comments from Century Financial

PR News Desk 16/06/2025

Crude prices extended Friday’s surge in early Monday trade but failed to hold higher levels, with WTI retreating to $71.56 and Brent easing to $73.25 after jumping over 13% intraday on Friday. The rally, driven by escalating Israel-Iran tensions, briefly pushed prices to multi-month highs before profit-taking and cooling momentum pulled them back toward last […]

NEWS DESK

Oil Slips on Trade Jitters; Gold Steady Ahead of Key Data : Comments from Century Financial

PR News Desk 11/06/2025

Oil prices eased on Wednesday, following a 1% decline on Tuesday, as markets weighed the results of U.S.-China trade talks, which still await President Donald Trump’s review, against concerns over weak Chinese oil demand and rising OPEC+ output. The recent price pullback reflects a combination of profit-taking and market caution ahead of the official U.S.-China […]

NEWS DESK

Gold Hits 4-Week High : Comments from Century Financial

PR News Desk 03/06/2025

In yesterday’s session, oil rallied by almost 4%, settling at $63.27 for the day. This was mainly driven by the worst fears of significant output increases not materializing as expected. On the geopolitical front, Russia and Ukraine completed a second round of talks in Istanbul, which did not bring them closer to ending the war. […]

NEWS DESK

MENA Regions First Tokenized Real Estate Project : Comments from Century Financial

PR News Desk 02/06/2025

In a significant move, the Dubai Land Department has announced the launch of the region’s first tokenized real estate investment project through the Prypco Mint Platform. The initiative is being implemented with Prypco, and collaborations from VARA, CBUAE & DFF. Zand Digital Bank is the official banking partner for the project’s main pilot phase. The […]

NEWS DESK

Oil Slips on OPEC+ Supply Surge, Gold Gains on Safe-Haven Demand : Comments from Century Financial

PR News Desk 26/05/2025

Crude oil has declined sharply this year amid concerns that Trump’s import tariffs could dent economic growth and curb demand, just as OPEC+ accelerates output increases to protect market share. Oil opened the year near $74.93 and surged to $82.63 by mid-January, only to reverse course sharply, tumbling to $58.40 by April 9. A modest […]

NEWS DESK

Gold Pauses After Record Run; Oil Tests Resistance After Double Bottom Breakout : Comments from Century Financial

PR News Desk 19/05/2025

WTI oil prices rose after exhibiting a double bottom pattern on the daily and weekly charts, closing the last week with a 2.05% gain. Although the start of the week showcased a strong performance, prices tested a resistance near the $63.5 level, where the 50-EMA also lay, and dipped to test the $60 level on […]

NEWS DESK

Gold Dips 1.1% on Risk-On Sentiment : Century Financial

PR News Desk 13/05/2025

WTI rose slightly by 0.1% and is currently trading at $62.2.From a fundamental standpoint, the US and China agreed on a much-anticipated trade agreement. According to the deal, the US and China agreed to slash reciprocal tariffs for 90 days. China will cut tariffs on the US to 10% from 125% for 90 days. The […]

NEWS DESK

Gold Slips on Trade Optimism; Oil Rallies on Tariff Relief : Century Financial

PR News Desk 12/05/2025

Gold:Gold closed in the green on Friday, up 0.6%. However, the rally was short-lived as prices stuck to intraday losses through the Asian session on Monday, and the latest optimism over a US-China trade deal undermined demand for traditional safe-haven assets. The US and China will temporarily lower tariffs on each other’s products, according to […]

NEWS DESK

FED meeting outcome and path forward : Century Financial

PR News Desk 08/05/2025

The Federal Reserve voted unanimously to leave interest rates unchanged between 4.25% and 4.50% at its May FOMC meeting, broadly in line with expectations. This marks the third consecutive meeting during which the central bank adopted a data-dependent, wait-and-see approach since the quarter-point reduction in December 2024. The rationale behind this move is that the […]

NEWS DESK

Crude Gains, Gold Slips Amid Supply Cuts and Trade Optimism: Century Financial

PR News Desk 07/05/2025

WTI crude oil futures rose toward $60 per barrel on Wednesday, building a more than 3% gain from the last session, supported by signs of weaker US production and growing demand in Europe and China. Major producers such as Diamondback Energy and Coterra Energy announced plans to reduce their rig counts, helping to limit production. […]

NEWS DESK

U.S. Fed Poised to Hold Rates : Century Financial

PR News Desk 05/05/2025

The next Federal Open Market Committee meeting is scheduled to take place this Wednesday, 7th May 2025, with market participants highly expecting the interest rates to be held stable in the 4.25%-4.50% range. As of writing, according to the CME FedWatch Tool, which tracks the likelihood of changes to the Fed Fund rates implied by […]

NEWS DESK

Gold prices declined for the third time this week: Century Financial

PR News Desk 01/05/2025

The crypto market, while still slowed down, is seemingly stabilising after going through a rough April. Stepping into May, the markets are showing signs of consolidation. Bitcoin reflected a minor price dip of 0.17 percent to trade at $94,920. Bitcoin showed strong resilience at lower levels, fueled by continuing Bitcoin ETF inflows and increasing whale […]

NEWS DESK

UAE prepares for major crypto leap: Century Financial

PR News Desk 29/04/2025

The UAE gears up for another big crypto push with a plan to launch a new stablecoin, backed by three entities: First Abu Dhabi Bank, the largest bank in the UAE; ADQ, one of the main sovereign wealth funds in Abu Dhabi; and International Holding Co., the largest listed company in the UAE by market […]