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Category: Trading

Oil Prices Steady in Early Asian Trade

Singapore, Oil prices were steady in early Asian trade today, as signs of weakening demand growth in China clashed with the prospect of declining US oil stockpiles.

Brent crude oil futures fell by 11 cents, or 0.1%, to $83.62 a barrel, and US West Te…

European Stocks Open Lower Amid Tech Sector Decline

Brussels, European stocks opened lower for the third consecutive session today, driven by a decline in the technology sector. The Stoxx 600 index dropped 0.3 percent, with the tech sub-index falling 1.9 percent.

Dutch semiconductor company ASML saw a…

Dollar Eases Due to Possible Fed Rate Cuts

Singapore, The dollar was broadly weaker today after a modest but short-lived boost following better-than-expected US retail sales data, as traders focused on the prospect of Federal Reserve rate cuts as early as September.

The New Zealand dollar gai…

Gold Soars to Record Prices

Singapore, Gold prices rose to an all-time peak today, driven by mounting hopes of a US interest rate cut in September after recent comments from US Federal Reserve officials.

Spot gold was steady at $2,468.55 per ounce, after hitting a record peak o…

MSX Gains 2 Points

Muscat Stock Exchange (MSX) general index (30) today gained (2.2) points, comprising a rise by (0.05%) to close at (4656.58) points, compared to the last session, which stood at (4654.35) points.

The trading value today stood at (RO 2,939,736), compr…