Browsing: investors

Investors are grappling with the market implications of a possible Kamala Harris presidential administration, which could pressure corporate profits through higher taxes while weighing on consumer staples and boosting solar energy.

The dollar slipped 0.15% against major currencies to trade at 104.21 TOKYO – The dollar slipped on Friday as investors…

Gold prices were poised for a second straight weekly decline, although bullion held nearly steady on Friday as investors remained cautious ahead of the U.S. non-farm payrolls data that could provide cues on the Federal Reserve’s rate cut timeline.

RIYADH: Saudi Arabia’s Capital Market Authority slapped fines to the tune of SR42.9 million ($11.4 million) on 13 investors and others found in violation of the law.

LONDON – Gold prices held steady on Monday as investors waited for the Federal Reserve policy meeting and U.S. non-farm payrolls data due this week for policy clues.

The third straight month of strong consumer price readings reported by the Labor Department on Wednesday also suggested that the pick up in inflation in January and February could not be solely attributed to businesses raising prices at the start of the year as economists had argued

Gold prices were headed for their third straight week of gains on Friday ahead of the much-awaited U.S. non-farm payrolls data, supported by strong safe-haven inflows and prospects for lower U.S. interest rates this year.

RIYADH: Investors eyeing opportunities in Saudi Arabia’s mining sector stand to gain from a new incentive package totaling nearly SR685 million ($182 million) in financial facilitation.