Market

Gold Rebounds From Over One-Week Low Amidst US-Iran Peace Talks

Gold: Gold rebounded from a more than one-week low on Monday as oil prices fell on signs of progress in US-Iran peace talks, though expectations of higher interest rates after hawkish Federal Reserve signals weighed on the metal’s outlook.

According…

Trading Value on Muscat Stock Exchange Tumbled 27% Week-on-Week

Muscat: Trading value on the Muscat Stock Exchange (MSX) last week stood at OMR 139.3 million, compared with OMR 191.4 million in the previous week, down 27%, and executed transactions fell by 24.4%, from 41,000 trades to 31,514 trades.

According to…

Rising Sovereign Yields Signal Restrictive Financial Outlook

Doha: Rising sovereign bond yields in major advanced economies are signaling a shift towards a more restrictive financial environment. Qatar National Bank (QNB) stated that this development is a reflection of the broader reassessment of global economi…