The euro stood at a 15-year high on the yen on Thursday on signs of sticky inflation in Europe, while the dollar was squeezed ahead of consumption, inflation and jobs data that could add to evidence of a softening economy.The euro rose 0.4% to $1.0923….
Global oil prices rose in early trade on Thursday backed by tighter US supply, with a focus on China factory activity due later in the day amid recent weak economic expansion data in the world’s second-biggest economy.Brent crude futures contract for O…
Gold prices firmed near one-month highs on Thursday as a fresh set of soft U.S. data added to expectations that the Federal Reserve will pause rake hikes this year, although inflation readings due later in the day could amend this outlook.Spot gold was…
The UAE’s non-oil foreign trade reached a record AED1.239 trillion in H1 2023, representing a growth of 14.4 percent compared to the same period in 2022 – and 3 percent more than H2 2022.The figures, just released by the Ministry of Economy, underline…