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23 November 2016
Join us today at 12:30 pm UAE time (8:30 GMT) on the Trading Middle East online forum for a live chat with Marie Salem, Director - Capital Markets at FFA Dubai Limited, we will be discussing Nasdaq Dubais equity futures market.
The dollar hovered near a recent 13 1/2-year peak on Wednesday, taking a breather after surging on expectations that U.S. interest rates will rise further than earlier anticipated due to prospects of increased fiscal stimulus under a Trump administration.
Asian stocks bounced to one-week highs on Wednesday as investors tried to share in the exuberance of Wall Street's record run.
Saudi Arabian stocks rebounded on Tuesday as oil prices hit a one-month high, outperforming other stock markets in the Gulf where traders booked profits.
Oil prices fell in volatile trade on Wednesday, on worries Iran and Iraq were not ready to agree on an OPEC output freeze. Prices earlier rose to their highest levels this month on reports that cartel members had overcome their internal disputes.
Gold edged lower on reduced appetite for safe-haven assets.
In the latest news, Algeria's lower house of parliament on Tuesday endorsed a 2017 budget that includes new taxes on goods and fuel subsidy cuts as part of government efforts to offset a fall in energy revenues.
Leading members of the European Union's parliament on Tuesday called for a halt to membership talks with Turkey because of its post-coup purges, but the bloc's top diplomat warned against it.
Lufthansa said it was cancelling more than a third of its flights on Wednesday due to a 24-hour strike by its pilots, the latest disruption to its operations to be caused by a long-running pay dispute.
For access to market moving insight, subscribe to the Trading Middle East newsletter by clicking here.
Join us today at 12:30 pm UAE time (8:30 GMT) on the Trading Middle East online forum for a live chat with Marie Salem, Director - Capital Markets at FFA Dubai Limited, we will be discussing Nasdaq Dubais equity futures market.
The dollar hovered near a recent 13 1/2-year peak on Wednesday, taking a breather after surging on expectations that U.S. interest rates will rise further than earlier anticipated due to prospects of increased fiscal stimulus under a Trump administration.
Asian stocks bounced to one-week highs on Wednesday as investors tried to share in the exuberance of Wall Street's record run.
Saudi Arabian stocks rebounded on Tuesday as oil prices hit a one-month high, outperforming other stock markets in the Gulf where traders booked profits.
Oil prices fell in volatile trade on Wednesday, on worries Iran and Iraq were not ready to agree on an OPEC output freeze. Prices earlier rose to their highest levels this month on reports that cartel members had overcome their internal disputes.
Gold edged lower on reduced appetite for safe-haven assets.
In the latest news, Algeria's lower house of parliament on Tuesday endorsed a 2017 budget that includes new taxes on goods and fuel subsidy cuts as part of government efforts to offset a fall in energy revenues.
Leading members of the European Union's parliament on Tuesday called for a halt to membership talks with Turkey because of its post-coup purges, but the bloc's top diplomat warned against it.
Lufthansa said it was cancelling more than a third of its flights on Wednesday due to a 24-hour strike by its pilots, the latest disruption to its operations to be caused by a long-running pay dispute.
For access to market moving insight, subscribe to the Trading Middle East newsletter by clicking here.
