Market

Dollar Near One-Week High Amid Middle East Uncertainty

Doha: The dollar held near a one-week high on Wednesday as risk sentiment soured after a hot US inflation reading sent Treasury yields higher, and oil prices inched up on renewed Middle East uncertainty. The euro stood at $1.1735 and the British pound…

IEA Forecasts Global Oil Supply to Plunge Below Demand in 2026

Doha: The International Energy Agency (IEA) has predicted a decline in global oil demand in 2026, averaging 104 million barrels per day, which is 1.3 million barrels per day lower than the pre-war forecast.

According to Qatar News Agency, the IEA a…

European Stocks Close Higher on Strong Mining Sector Performance

Doha: European shares closed higher on Wednesday, buoyed by a surge in mining stocks. The pan-European STOXX Europe 600 rose 0.8 percent to close at 611.42 points, with most major sectors and bourses posting gains.

According to Qatar News Agency, Fr…