July 7, 2025

Oil Drops on Surprise OPEC+ Output Hike

Doha: Oil prices slipped on Monday after OPEC+ surprised markets by hiking output more than expected in August, while uncertainty over US tariffs and their potential impact on global economic growth weighed on demand expectations. Brent crude futures …

Gold Prices Fall as Trade Progress Dampens Demand

Doha: Gold prices dropped on Monday after US President Donald Trump signaled progress on multiple trade agreements and announced extended tariff reprieves for several countries, dampening demand for the safe-haven metal. Spot gold fell 0.6% to $3,314….

Dollar Nears Multi-Year Lows Against Euro and Swiss Franc

Doha: The US dollar drifted close to its lowest level since 2021 against the euro and the weakest since 2015 versus the Swiss franc on Monday, with traders alert for any trade-related headlines in the countdown to US President Donald Trump’s tariff de…

Japan, GCC Discuss Developments of Their Free Trade Negotiations

Tokyo: Japan’s Vice Minister of Economy, Trade and Industry Kato Akiyoshi and Secretary-General of the Gulf Cooperation Council (GCC) Jasem Mohamed Albudaiwi, who is visiting Tokyo, discussed a number of investment and trade-related issues, the latest…