Search
Close this search box.

Day: August 5, 2025

European Stocks Rise on Rate Cut Hopes

London: The European stocks rose today as investors awaited a series of earnings reports and data, while investor sentiment improved due to hopes that the Federal Reserve (the US central bank) will cut interest rates at its monetary policy meeting in …

Oil Prices Hold Steady Amid Oversupply Concerns

Abu dhabi: Crude oil prices held steady today, following three consecutive days of declines, as traders weighed concerns over potential oversupply and geopolitical risks affecting Russian crude exports. Brent crude futures were unchanged at $68.76 per…

Gold Edges Higher Amid Softer Dollar, Lower US Yields

Muscat: Gold nudged higher for a fourth session today, supported by a softer dollar and lower Treasury yields as weaker-than-expected US jobs data strengthened expectations of a rate cut in September. Spot gold was up 0.1% at $3,375.89 per ounce. US g…