Business

Dollar Steady as Monetary Tightening Expectations Ease

Tokyo: The US dollar held near multi-month lows against most major currencies on Tuesday as traders walked back expectations of near-term monetary tightening.

According to Qatar News Agency, the euro fetched $1.1581 in early Asian hours, not far fr…

Oil Prices Increase as Middle East Peace Prospects Wane

Doha: Oil prices rose on Tuesday as prospects for a Middle East peace agreement faded after the US ruled out extending the ceasefire, fueling concerns about energy supplies.

According to Qatar News Agency, Brent crude futures climbed 27 cents, or 0….

Gold Extends Gains to $4,431.09 per Ounce

Gold: Gold rose for a third straight session on Tuesday as fears of a US interest rate hike next month eased, with investors awaiting minutes from the Federal Reserve’s latest meeting for fresh clues on the monetary policy path. Spot gold was up 0.4% …

European Stocks Close Lower Amid Market Concerns

European stock indices closed lower at the end of trading today: The European Stoxx 600 index ended trading with losses of 0.64 percent. The German DAX index fell by about 0.80 percent, and the French CAC 40 index declined by 0.82 percent. Italy’s MIB…