Muscat: The US dollar fell to its lowest level in several weeks against major currencies today, amid market expectations that the US Federal Reserve will resume cutting interest rates next month. The dollar index, which measures the performance of the…
Muscat: Gold prices rose for the third consecutive session today, supported by a weaker dollar and lower Treasury yields as traders’ bets on a US interest rate cut in September increase. Spot gold rose 0.4% to $3,367.53 per ounce, and gold futures for…
New york: Oil prices were little changed today after industry data showed a rise in US crude inventories last week, reinforcing expectations that the peak summer demand season is coming to an end.
According to Oman News Agency, the US driving seaso…
New york: Oil prices were little changed today after industry data showed a rise in US crude inventories last week, reinforcing expectations that the peak summer demand season is coming to an end.
According to Oman News Agency, the US driving seaso…
Muscat: The Muscat Stock Exchange (MSX) 30 Index concluded trading at 4,900.31 points, showing an increase of 6.7 points, or 0.14%, from the previous session’s close of 4,893.61 points.
According to Oman News Agency, the trading value for the day a…
New york: The dollar weakened today after a tame reading on US inflation bolstered expectations of a Federal Reserve rate cut next month. The dollar index, which measures the performance of the US currency against a basket of major currencies, fell to…
