UAE equity markets closed the week on a strong note, with a significant easing of regional tensions providing a clear catalyst for investor sentiment. In a major development recently, the US and Iran are close to reaching a deal and opening the Strait of Hormuz. The near-term optimism has
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Nick Spencer-Skeen, Senior Executive Officer, Lunaro Markets Limited  Friday Closing Prices S&P 500 7,490 (+0.70%) Nasdaq 25,374 (+1.00%) Gold $4,045 (-1.42%) Brent Crude Oil $89.86 (+3.11%) Markets endured a historically volatile week, as investors had to deal with risk events on several fronts. This included hawkish central bank meetings, major tech earnings,
This week’s FOMC meeting is highly unpredictable as Chairman Kevin Warsh hasn’t revealed whether he favours a rate hike. Officials face sharply conflicting signals on growth and inflation. The Fed was evenly divided on further rate hikes at its last meeting. Warsh could tip the balance. In a no-guidance regime, the headline decision could remain […]
Ahead of the upcoming European Central Bank (ECB) meeting, please find below insights from Nick Spencer-Skeen, Senior Executive Officer, Lunaro Markets Limited, on the key factors shaping the decision and market outlook.   The European Central Bank (ECB) Governing Council will be holding its July 2026 monetary meeting today at 13:15 (UK). This meeting is part of its
The European Central Bank is widely expected to leave interest rates unchanged today. It raised rates last month for the first time since 2023. Today’s meeting also comes without a new set of staff economic forecasts. So raising rates again without any new information would be difficult to justify, especially after policymakers presented June’s decision […]
Alphabet and Tesla will headline this week’s earnings calendar, with investors looking beyond headline numbers to determine whether billions of dollars in artificial intelligence (AI) investment are translating into sustainable growth, according to Josh Gilbert, Lead Market Analyst, APAC & Middle East at eToro. “The Magnificent Seven have carried markets
The second-quarter earnings season has begun with expectations at their highest level in years. Analysts expect S&P 500 profits to grow around 23.6% from a year ago. What makes that unusual is that analysts normally trim their forecasts as a quarter unfolds. This time they raised them, and more companies issued upbeat guidance than at […]
Conventional market wisdom suggests that heightened geopolitical uncertainty should lift precious metals. Yet the opposite has unfolded. Despite renewed global tensions, both gold and silver remain under sustained bearish pressure, with gold trading around 29% below its yearly high and silver down by nearly 50%. The disconnect reflects the dominance of macroeconomic
Global markets are responding to the breakdown of the US-Iran ceasefire with renewed caution, as investors weigh the implications of rising oil prices and their potential impact on inflation and central bank policy. Commenting on the latest market developments, Lale Akoner, Global Market Analyst at eToro, said:“Markets are reacting to the break in the US-Iran […]
Released amid a dynamic and complex global economic landscape, the Julius Baer Global Wealth and Lifestyle Report 2026 highlights the effects of geopolitical tensions, evolving trade routes, and volatile foreign exchange markets. Even with resilient financial markets, these macroeconomic shifts are significantly altering the cost of living for the worlds affluent.
Nick Spencer-Skeen, Senior Executive Officer, Lunaro Financial Markets Friday Closing Prices  S&P 500 7,483 (+0.0%) Nasdaq 25,833 (+0.0%) Gold $4,176 (+1.26%) Brent Crude Oil $72.10 (+0.42%)  Markets ended the holiday-shortened week with risk appetite broadly firmer, but the tone was shaped by a softer US labour market and a less urgent central-bank […]
Capital Hills, a financial advisory and funding solutions provider, unveiled its new corporate identity alongside its new AI-enhanced website. The strategic move is in line with the company’s ongoing efforts to boost its corporate and digital presence while reinforcing its ability to offer innovative, customer-centric and agile financial advisory and funding services
UAE Markets Update:Â ADX and DFM post-war note. Over the past three months, the DFM General Index (DFMGI) has risen roughly 10%, while the FTSE ADX General Index (FADGI) has gained about 3%. On a one-month basis, the two are up 4% and 1% respectively, and measured from their recent lows, they have recovered around 14% […]
UAE equity markets recorded their strongest weekly performance in months during the period ending June 19, driven by optimism surrounding a potential diplomatic breakthrough between the United States and Iran. However, despite the sharp rebound, both major UAE indices remain below their pre-conflict highs, highlighting the extent of the losses sustained during the regional
Gold & Silver Precious metals continue to face selling pressure, with Gold falling 2.71%, breaching below the $4000 mark, while Silver witnessed a sharp 6.69% drop to fall below the $60 level on Wednesday. Thursday’s Asian session sees the trend continue, with Gold trading 0.50% lower and Silver trading 0.70% lower. The pressure continues on […]
Gold & Silver Gold is down by abut 1.81% in the day and is currently trading at $4,116. From a fundamental standpoint, Deutsche Bank AG reduced its gold price forecasts by as much as 22%, as investors grew more wary of the outlook for US monetary policy and investment demand for the precious metal dried up. Furthermore, […]
Industrial and precious metals remain on the defensive as financial markets continue to adjust to the prospect of higher funding costs and a more restrictive US monetary policy outlook. The latest wave of selling has been amplified by a sharp correction across technology stocks, with today’s 10% tumble in the tech-heavy KOSPI index and the […]
U.S. Markets U.S. stock futures are trading lower today due to growing uncertainty surrounding U.S.-Iran negotiations. At the time of writing, S&P 500 futures are down around 0.5%, while Nasdaq futures are lower by nearly 0.68%. Risk sentiment deteriorated after reports confirmed that planned U.S.-Iran talks in Switzerland have been postponed. The delay has raised […]
Investors are widely expecting the US Federal Reserve to leave interest rates unchanged at its upcoming Federal Open Market Committee (FOMC) meeting. However, market participants will be paying closer attention to the central bank’s guidance, updated economic projections, and signals from incoming Chair Kevin Warsh as they assess the direction of monetary policy for
MMG Group today announced a major evolution in its business model, building on the strong foundation established since its inception in Dubai in 2008. Through its two core divisions, MMG Art Production and MMG Artists, the company is strengthening its integrated creative, marketing, production, and talent representation capabilities to better serve premium brands, artists,























