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Category: Trading

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 …

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…

Oman Oil Price Declines 80 Cents

Muscat: Oman oil price for October delivery 2025 has reached 70.36 US Dollars, marking a decline of 80 cents from the previous day’s price of 71.16 US Dollars.

According to Oman News Agency, the average price of Oman oil for August delivery 2025 has …

Dollar Steadies as US Jobs Report Fuels Rate Cut Speculation

New york: The dollar found some support today after the release of the US jobs report that led investors to ramp up bets of imminent Federal Reserve rate cuts. Against a basket of currencies, the dollar edged up 0.1% to 98.75, after sliding more than …

Gold Drops in Wake of US Jobs Data

Muscat: Gold prices slipped today as investors booked profits after a sharp rise in the previous session following weaker-than-expected US jobs data that boosted expectations for a Federal Reserve interest rate cut in September. Spot gold lost 0.3% to…