Browsing: Stock market

The European common currency is gaining popularity among central bank reserve managers around the world

Bitcoin touched a record high on Tuesday, fueled by investors pouring money into US spot exchange-traded crypto products and the prospect that global interest rates may fall.

Bitcoin, which has just hit a record price of $69,000, is the most famous cryptocurrency, but remains shrouded in mystery and controversy.

Most stock markets in the Gulf ended lower on Tuesday on falling oil prices as China’s economic reforms underwhelmed investors, although the Saudi index bucked the trend. Crude prices – a catalyst for the Gulf’s financial markets – slipped for a second day as concern over China’s plan for growth and uncertainty over the pace of U.S. interest rate cuts offset the prospect of a tighter market due to continued OPEC+ supply restraint.

Mainland Chinese stocks reversed early losses with the blue-chip CSI 300 up 0.7% LONDON – Global shares eased below their recent…

Dollar steady versus euro ahead of ECB and US data, bitcoin in spotlight

The MSCI GCC Index remained elevated by the end of the month and closed after receding marginally in the last week with gain of 4.2%

The dollar went up by 0.52% to 91.67 rubles, while the euro rose by 0.29% to 98.9 rubles

The dollar index was last up 0.3% at 104.20, having risen 2.8% year-to-date LONDON – The dollar firmed up on…

By: Jeffery, R, Hunt, journalist and economical expert The Wall Street stock market, a hub of financial activity and a…