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Category: Trading

Oil Prices Decline Amid Market Adjustments

Muscat: Oil prices declined today after rising nearly 2% in the previous session. Brent crude futures dropped 21 cents at $69.37 a barrel, while US West Texas Intermediate crude fell 24 cents at $67.69 a barrel.

According to Oman News Agency, the de…

Samsung Estimates 55.9% Drop in Q2 Operating Profit

Seoul: Samsung Electronics today estimated its second-quarter operating profit plunged 55.9% from a year earlier due to sluggish chip business and the fallout from US trade policies, missing market expectations.

According to Oman News Agency, the wo…

Dollar Drops to Near Multi-Year Lows

Muscat: The US dollar drifted close to its lowest level since 2021 against the euro and the weakest since 2015 versus the Swiss franc today, with traders alert for any trade-related headlines in the countdown to the US’s tariff deadline. The dollar sl…

Gold Prices Fall Amid Progress on US Trade Agreements

Muscat: Gold prices dropped today after the US signaled progress on multiple trade agreements and announced extended tariff reprieves for several countries, dampening demand for the safe-haven metal. Spot gold fell 0.6% to $3,314.21 per ounce, as US g…

Japan Stocks Decline Amid Rising Yields

Muscat: Japan’s stock markets declined today amid a broad sell-off in long-term bonds, as renewed concerns about the country’s fiscal outlook resurfaced ahead of this month’s upper house elections. The benchmark 225-issue Nikkei Stock Average fell 223…