markets

NEWS DESK

FX Update: Trump tariff headlines roil markets – Saxo Bank MENA

News Desk 1 07/01/2025 0

Summary: The USD is all over the map today on a story that Trump will dial back his broad-based approach on tariffs, which Trump later specifically denied. Chart: USDCNH The critical exchange rate for the world this year may be USDCNH as we await how the US-China relationship takes shape in the

NEWS DESK

Deloitte extends Anaplan alliance to GCC Markets

News Desk 1 21/11/2024 0

Deloitte announces the rollover of its Anaplan offerings to the GCC market. The Deloitte collaboration with the pioneering cloud-based scenario planning and analysis software provider will present solutions that help streamline business planning in the Middle East, enhancing decision-making processes, and providing organizations with essential data and analytical tools to

NEWS DESK

Global oil markets likely to witness price drop – Noor Capital

News Desk 1 14/11/2024 0

Factors That Could Lead to Further Decline in Oil Prices Several factors have emerged in global oil markets that may contribute to a price drop shortly. Most of these are linked to imbalances in supply and demand, while some are related to political and economic developments in the United States and major economies. Oil prices […]

NEWS DESK

US Election Countdown: The many ways the election could yet shock markets – Saxo Bank MENA

News Desk 1 03/11/2024 0

This week: The many ways the election could yet shock markets. The inexorable tightening in the US election polls has continued as Harris’ lead versus Trump has narrowed to the narrowest margin since early August. Many believe from the faulty polling in the 2016 and 2020 elections that the polls always underestimate Trump’s chance of […]

NEWS DESK

Gold Prices Climb as Investors Brace for Election 

News Desk 1 17/10/2024 0

The ADX General is advancing slightly to 9,312.08 in Abu Dhabi. International Holding Co. PJSC contributed the most to the index gain, increasing 0.4%. Bank of Sharjah had the largest increase, rising 2.9%.The DFM General Index is falling 0.4% at 4,467.84 in Dubai. Emirates NBD Bank PJSC contributed the most to the index decline, decreasing […]

NEWS DESK

Oil Markets Roiled Amid Geopolitical Tensions, Hurricane Devastation

News Desk 1 11/10/2024 0

Oil prices have been on a wild ride in recent weeks, driven by a perfect storm of geopolitical tensions and natural disasters. The escalating conflict between Israel and Iran, coupled with the devastating impact of Hurricane Milton on U.S. fuel supplies, has sent crude oil prices soaring. The Middle East, a region that accounts for […]

NEWS DESK

AM Best Briefing in Bahrain to Explore State of MENA Insurance Markets

News Desk 2 09/10/2024 0

AM Best will host a briefing focused on the insurance markets of the Middle East and North Africa (MENA) on 18 November 2024, at the Crowne Plaza Manama in Manama, Bahrain. The event is being held in association with the Bahrain Insurance Association. At the event, senior AM Best analysts and leading executives from the (re)insurance […]

Business

Global business centre market set to hit $64 billion by 2030

News Desk 2 21/08/2024 0

The trends, statistics, and prospects The global business centre market is not just evolving rapidly but leading change. Driven by the increasing demand for flexible office space, the rise of remote working, and the globalisation of business operations, business centres are proving their adaptability. They offer fully equipped office spaces and professional services,

NEWS DESK

Market on edge: Surging volatility – Saxo Bank MENA

News Desk 1 06/08/2024

In the last Thursday and Friday trading sessions and pre-market today, markets have experienced a significant spike in volatility, sparking widespread concern among investors. The VIX, commonly known as the “fear gauge,” has surged to levels not seen in recent times, reflecting a heightened state of market anxiety. This dramatic rise in volatility indicators,

NEWS DESK

Widespread commodities decline in July, with gold as the notable exception  – Saxo Bank MENA

News Desk 1 02/08/2024

The month of July, normally a relatively quiet period of the year across markets, ended up being nothing but quiet. During the month, US politics were rocked by the assassination attempt on Trump, followed by President Biden announcing that he would not seek re-election, instead passing on the baton to Kamala Harris. Elsewhere in China, […]

NEWS DESK

Markets Struggle Amid Geopolitical Risks, FOMC Decision Outlook

News Desk 2 30/07/2024

Mohamed Hashad, Chief Market Strategist, Noor Capital Global financial markets concluded the first trading day of the new week under the sway of mounting geopolitical tensions in the Middle East, which dampened risk appetite. This led to a decline in several risky assets by the end of Monday’s trading session. However, another factor intervened to […]

NEWS DESK

Fed Meeting to Dominate Next Week’s Markets

News Desk 2 30/07/2024

The Federal Reserve’s meeting, scheduled for Tuesday and Wednesday, is set to be the most significant event shaping global financial markets next week. Anticipation surrounding the Fed’s decisions and Chairman Jerome Powell’s accompanying remarks is likely to influence market activity from the very beginning of the trading week. While there’s a broad consensus among

NEWS DESK

How could markets react to Trump’s potential victory in US elections?

News Desk 2 23/07/2024

Donald Trump, the Republican presidential contender and former US president, has emerged as a new influential force in the financial markets in the recent past, and his chances of winning the US presidential election in 2024 are being closely watched. These prospects have grown recently due to certain developments that have taken place in American […]

NEWS DESK

How markets have reacted to FOMC minutes

News Desk 2 04/07/2024

The minutes of the Fed’s June meeting were made public, and they contained a plethora of signals that the markets interpreted differently with regard to the factors influencing the federal rate’s future trajectory. “Most monetary policymakers in the meeting of the Central Bank’s Board of Governors on June 11 and 12 last see that economic […]

NEWS DESK

Markets will focus on inflation data next week

News Desk 2 24/06/2024

Throughout the week ending June 21, the market’s attention was fixated on the Federal Reserve’s future interest rate decisions. Investor focus centred on everything influencing interest rate expectations, including economic data releases, developments within the US economy, and statements from the Federal Reserve itself. Last week saw the release of several key sets of US

NEWS DESK

Financial Markets’ Weekly Recap: Fed Policy, Market Sentiment, Jobs Data

News Desk 2 10/06/2024

The financial markets displayed a mixed performance this past week, as investors navigated a confluence of economic data, central bank policy updates, and ongoing geopolitical tensions. While some sectors thrived, others took a backseat, reflecting the underlying uncertainty about the future trajectory of the global economy. Equity Markets Take a Breather Following a

NEWS DESK

𝗪𝗵𝗮𝘁 𝗰𝗮𝗻 𝗺𝗮𝗿𝗸𝗲𝘁𝘀 𝗲𝘅𝗽𝗲𝗰𝘁 𝗳𝗿𝗼𝗺 𝗘𝗖𝗕’𝘀 𝗿𝗮𝘁𝗲 𝗱𝗲𝗰𝗶𝘀𝗶𝗼𝗻?

News Desk 2 06/06/2024

Based on recent signals from central bank officials that the economy qualifies monetary authorities for this option, the ECB is widely expected to cut rates at its meeting, on Thursday, June 6. If this forecast comes to pass, it will be the first European cut for lending interest since 2016 and the first in interest […]

Business Markets Tech

Nasdaq Deploys Advanced AI Into Its Market Surveillance

Arnold Pinto 21/05/2024 0

Targeting Manipulation And Insider Trading Nasdaq has launched a groundbreaking addition to its market surveillance technology, introducing a potent AI feature set to transform the detection and investigation of market abuse worldwide. Through the integration of generative AI, Nasdaq aims to expedite the process of identifying potential market manipulation and insider

Banking Markets

Investors Concerned Over Prevailing Market Uncertainty

Arnold Pinto 12/05/2024 0

Saxo Bank Client Survey Reveals Saxo Bank has unveiled the results of its latest client survey, shedding light on investor sentiments and expectations concerning the financial markets for the second quarter of 2024. Despite the unpredictability of the global financial market, investors’ responses echo concerns over prevailing market uncertainty. The Client Sentiment

Banking Markets

Saxo Tracks Market Dynamics Amid Election Fever

News Desk 1 04/04/2024 0

Bank Unveils Its Q2 2024 Quarterly Outlook Saxo, a leading global financial institution, has released its Quarterly Outlook for Q2 2024. It offers valuable insights for investors seeking to navigate evolving market dynamics amid pivotal elections in several countries and shifting economic landscapes. With crucial elections shaping discussions worldwide, Saxo’s