GCC market Stock markets in the Gulf ended higher on Tuesday as investors brushed aside worries about the U.S Federal Reserve interest rate trajectory and volatile oil prices, although the Qatar index fell with a tepid performance across most sectors. Dubai’s benchmark stock index gained
Market Report
For investors who anticipated a smooth 2024, last week painted a different picture of the market. The week started with a sharp drop in the Dow Jones on Monday, sparking a wave of negative headlines predicting further losses. The following days were marked by wild swings, including some sharp gains. However, by the week’s end, […]
Mark Pussard, Head of Risk, APM Capital On Monday, global stock markets, like the U.S., presented a mixed picture with a combination of modest gains and losses across major indices. US markets Wall Street closed with mixed results on Monday as investors anticipated fresh inflation data, Federal Reserve Chair Jerome Powell’s commentary, and the beginning […]
Commodities: Oil increased as tensions escalated in the Middle East following the death of an Egyptian soldier in a clash with Israeli troops. WTI rose by approximately 1% from Friday’s close to near $79 a barrel, while Brent traded close to $83. Egypt’s military confirmed the death at the Rafah crossing into Gaza, potentially heightening […]