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Tag: MARKET ANALYSIS

Business / economics

Oil Prices Decrease Amidst Tariff Concerns and Rising Iraqi Exports

February 28, 2025February 28, 2025 - by Carmen Mendez - Leave a Comment

Light crude oil futures fell on Friday, reflecting uncertainty amid tariff concerns and Iraq’s renewed oil exports. Resistance levels at $70.35 and $70.59 are capping gains, and sustained trading below …

Oil Prices Decrease Amidst Tariff Concerns and Rising Iraqi Exports Read More
Business / Technology

Saudi PIF Temporarily Bans PwC from Advisory Services

February 28, 2025February 28, 2025 - by Sofia Nawab - Leave a Comment

The Saudi Public Investment Fund has suspended PwC from advisory roles for a year without clear explanation. This follows PwC’s establishment of significant operations in the kingdom, where it has …

Saudi PIF Temporarily Bans PwC from Advisory Services Read More
Business

Global Markets Dive as Trump Escalates China Tariffs

February 28, 2025February 28, 2025 - by Sofia Nawab - Leave a Comment

Donald Trump’s announcement of increased tariffs on Chinese imports, alongside additional duties on Canadian and Mexican goods, has led to a significant sell-off in global stock markets. Investor concerns about …

Global Markets Dive as Trump Escalates China Tariffs Read More
Business

Botswana and De Beers Launch Marketing Initiative to Revive Diamond Sales

February 27, 2025February 27, 2025 - by Carmen Mendez - Leave a Comment

Botswana and De Beers have introduced a marketing initiative to revive interest in natural diamonds amid a significant market downturn. Natural diamond prices have fallen by 26% over the last …

Botswana and De Beers Launch Marketing Initiative to Revive Diamond Sales Read More
Business / economics

Current Gold Rates and Market Dynamics in the UAE

February 27, 2025February 27, 2025 - by Carmen Mendez - Leave a Comment

As of November 25, 2024, gold rates in the UAE are: 24K at AED 325.25, 22K at AED 301.00, 21K at AED 291.50, and 18K at AED 249.75. The UAE …

Current Gold Rates and Market Dynamics in the UAE Read More
Business

Canadian and Brazilian Banks Eye XRP and 1Fuel for Cryptocurrency Integration

February 12, 2025February 12, 2025 - by Liam Nguyen - Leave a Comment

Banks in Canada and Brazil are contemplating the integration of cryptocurrencies, focusing on XRP and the emerging token 1Fuel. XRP facilitates cross-border transactions but faces challenges due to its centralized …

Canadian and Brazilian Banks Eye XRP and 1Fuel for Cryptocurrency Integration Read More
Business / economics

Brazil’s Crypto Surge: The Rise of Meme Coins and Best Wallet Token

February 9, 2025February 9, 2025 - by Carmen Mendez - Leave a Comment

Brazil’s crypto market is thriving, with a $90 billion influx and stablecoins dominating. Concerns surrounding taxation persist. The global stablecoin market has surpassed $200 billion, contributing to increasing liquidity. The …

Brazil’s Crypto Surge: The Rise of Meme Coins and Best Wallet Token Read More
Business

Wall Street Sees Mixed Outcomes on February 6, 2025

February 8, 2025February 8, 2025 - by Allegra Nguyen - Leave a Comment

On February 6, 2025, Wall Street closed mixed; the S&P 500 rose by 0.4%, while the Dow fell 0.3%. Ford and Qualcomm’s profits did not prevent stock declines. However, Tapestry …

Wall Street Sees Mixed Outcomes on February 6, 2025 Read More
economics

Oil Prices Surge Amid Trump’s Renewed Sanctions on Iran

February 4, 2025February 4, 2025 - by Allegra Nguyen - Leave a Comment

Oil prices are rising in response to President Trump’s renewed sanctions on Iran, with Brent crude up to $76.34 per barrel and WTI showing a minor decrease at $72.93. The …

Oil Prices Surge Amid Trump’s Renewed Sanctions on Iran Read More
Business / economics

Kenya and Uganda Prepare Economic Updates Amid Regional Stability Concerns

December 31, 2024December 31, 2024 - by Allegra Nguyen - Leave a Comment

Kenya and Uganda are set to release key economic updates, including GDP and inflation data, which will impact regional markets. The Asian stock market has responded negatively to global economic …

Kenya and Uganda Prepare Economic Updates Amid Regional Stability Concerns Read More

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