Market

European Stocks Approach Highest Level in Two Weeks

Doha: European stocks closed near a two-week high today, supported by strong gains in major healthcare and technology companies, driven by growing expectations that the U.S. Federal Reserve will almost certainly cut interest rates next month. The Euro…

Gold Rises After Weak US Data

Doha: Gold edged higher on Wednesday, supported by a weaker dollar after mild US inflation data cemented bets for an interest rate cut in September. Spot gold was up 0.2% at $3,351.46 per ounce, and US gold futures for December delivery were steady at…

European Stocks Approach Highest Level in Two Weeks

Doha: European stocks closed near a two-week high today, supported by strong gains in major healthcare and technology companies, driven by growing expectations that the U.S. Federal Reserve will almost certainly cut interest rates next month. The Euro…