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Stocks and Markets
Saudi Arabia’s Industrial Production Index rose 1.6 percent in July, compared to the same month last year, driven by a surge in manufacturing activity
The overall picture is that freight movements have started to rise even before the U.S. Federal Reserve and other major central banks cut interest rates
Copper prices held steady in London on Thursday against a backdrop of dollar strength and uncertain demand prospects in top metals consumer China.
The Japanese currency was steady at 151.36 per dollar having traded just shy of the 152 mark at its weakest since 1990 on Wednesday
NEW YORK/LONDON – A gauge of global share markets was barely changed on Thursday as it was poised to end the quarter with solid gains, while a strong dollar kept the yen near its weakest in decades amid the threat of intervention from Japanese authorities.
NEW YORK – The dollar gained on the euro on Thursday before key U.S. inflation data due on Friday and as investors squared positions for month- and quarter-end.
Gold prices hit a record high on Thursday, and logged their best month in over three years, propelled by U.S. interest rate cut expectations and strong safe-haven demand.
Mideast Discourse is a news website specialised on the latest events and developments in the Middle East and the world, and it is in Both languages Arabic and English.
