Media In / Agencies 08-12-2018 China’s trade surplus with the United States hit a record $ 35.6 billion in light of rising exports and falling imports, official figures released on Saturday showed. Chinese exports to the United States rose 9.8 percent in November year-on-year, while imports in the same month …
Read More »Export Credit Union” and “Natixis” reinforce the UAE’s non-oil economic diversification strategy
Media In Dubai, 5 December 2018, The Union of Export Credit, the federal government’s national export credit agency, has signed a memorandum of understanding with French bank Natixis, the second largest banking group in France, to enhance the ability of UAE exporters to compete internationally and help companies expand their …
Read More »Falling Gold Prices We adhered to the rise of the dollar
Media In / Agencies -5-12-2018 Gold prices fell, dropping from their peak in more than five weeks recorded during the previous session as the dollar rose. The spot price of gold fell 0.2 percent to $ 1235.31 an ounce, after hitting its highest since October 26 at $ 1241.86 an …
Read More »Trade and economic concerns down Wall Street 3%
Media IN-5-12-2018 The Wall Street fell more than 3 percent, led by losses in banking and industrial stocks, as the US bond market sent worrisome signs of economic growth and renewed investor fears about global trade. The Dow Jones industrial average <.DJI> was down 784.99 points, or 3.04 percent, at …
Read More »Dollar Falls on “US Bonds”
Media In-Agencies 3-12-2018 The dollar saw a tumble on Tuesday as US Treasury yields fell to a three-month low, prompting investors to worry about a possible cut in interest rates during the US central bank session. US 10-year Treasury yields fell to 2.94 percent on Tuesday, their lowest level since …
Read More »US stocks open higher
Media In \ Agencies 3-12-2018 US stocks opened higher today, buoyed by strong gains in trade-related technical and industrial stocks, after the United States and China agreed to temporarily stop charging new fees. The Dow Jones industrial average <.DJI> was up 241.11 points, or 0.94 percent, at 25,779.57. The Standard …
Read More »Paris Stock Exchange closes higher
MediaIN Agencies 3-12-2018 – The Paris Stock Exchange closed on Sunday with a 1% rise The CAC 40 index gained 50.06 points to 5053.98 points, amid a trading volume of 4.5 billion euros.
Read More »Britain is considering signing free trade agreements with a number of countries after “Brixet”
MEDIA IN \ Agencies 03-12-2018 British Prime Minister Theresa May said her country is discussing with free countries a number of free trade agreements following the upcoming European departure. During her address to the British House of Commons, the Prime Minister said she had held talks with leaders of Canada, …
Read More »WTI rises after US-China deal
Media In \ Agencies 3-12-2018 Oil prices rose nearly 5 percent today, after the United States and China agreed not to impose new tariffs for 90 days and ahead of OPEC’s meeting this week, which is expected to result in a cut in supplies. US WTI rose to $ 53.41 …
Read More »Gold hits its highest level in 3 weeks
MediaIn \ Agencies 3-12-2018 Gold prices hit their highest level in more than three weeks as the dollar weakened as investors demand higher risk assets after the US-China “truce” in their trade war. The spot price of gold rose 0.7 percent to $ 1230.78 an ounce after hitting its highest …
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