Century Financial

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

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 […]

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 notification are being sent to around 100 nations with […]

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 […]