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Arab Today, arab today
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Wednesday 9 April 2025
Last Updated : GMT 06:49:16
Arab Today, arab today
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Greg McKenna

Global markets extend 2018 rally

Arab Today, arab today Global markets extend 2018 rally314969/504
New York - Arab Today
The 2018 global equity rally continued apace Friday, with Asian and European markets posting healthy gains and Wall Street powering to fresh records once again. One day after the Dow finished above 25,000 for the first time, the blue-chip index moved higher still, picking up momentum throughout the day before finishing at 25,295.87, up nearly one percent. The rise cameRead more

Euro rises on bets for ECB tightening

Arab Today, arab today Euro rises on bets for ECB tightening285102/87
Paris - Arab Today
The euro held its gains on Monday (Aug 28) as traders bet that the European Central Bank would start to wind down its crisis-era stimulus programme, while lower expectations for further tightening in the United States weighed on the dollar. While ECB boss Mario Draghi made no mention of the bank's plans for its bond-buying scheme in a much-anticipated speechRead more

Oil rises from one-month low on hopes of output deal extension

Arab Today, arab today Oil rises from one-month low on hopes of output deal extension267212/244
London - Arab Today
Oil prices rose on Friday after a slide to a one-month low the previous day prompted investors to buy at cheaper levels ahead of an Organization of the Petroleum Exporting Countries (OPEC) meeting next month at which producers could prolong output curbs. Most analysts polled by Reuters expect the deal between OPEC and non-OPEC producers struck in December 2016 toRead more

Oil Prices Soar after U.S. Launches Missile Strike in Syria

Arab Today, arab today Oil Prices Soar after U.S. Launches Missile Strike in Syria261140/244
Washington - QNA
Oil prices surged more than 2 percent to a one-month high on Friday after the United States launched dozens of cruise missiles at an airbase in Syria, later dropping back as there seemed no immediate threat to supplies.  International benchmark Brent crude futures LCOc1 jumped to $56.08 per barrel before easing to $55.71 per barrel at 0519 GMT, still upRead more

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