Financial Markets Today
Shanghai nickel jumps, LME 3-month spread at decade high amid supply worries
The most active nickel contract on the Shanghai Futures Exchange rose as much as 3.7% to $18,142.55 a tonne
Reuters News
Oil rises as U.S. retail sales ease recession fears
Brent crude was up 52 cents, or 0.9%, at $58.75 a barrel
Reuters News
Gold prices climb as U.S. bond markets warn of recession
Spot gold was up 0.3% at $1,520.19 per ounce
Reuters News
Dubai's Arabtec reports weak profit as costs surge
The company's revenue dropped 8.6% to AED2,185.79mln in Q2 2019, from AED2,391.49mln in Q2 2018.
ZAWYA
UAE's Waha Capital reports $49mln H1 loss
Currently pursuing new strategy to deliver turnaround and set co on a path of sustainable growth in future
TradeArabia#Morning Briefing
Sunday Outlook: OPEC outlook caps oil gains, gold dips, dollar ends flat
OPEC delivers bearish oil outlook for rest of 2019, points to 2020 surplus
Read More#Quick Intel
Shares in Zain Kuwait rally as Q2 profit rises
Zain Kuwait’s shares rose 1.56 percent to 587 fils on Thursday at 13:45 GST and have added 30.96 percent since the start of 2019
Read MoreInsights and Reports
Wall Street adds $125bln to recession conundrum
Iron ore feels the pinch of Beijing's restraint
CBS-Viacom merger is more whimper than Big Bang
Global motor manufacturing slump hits oil demand: Kemp
Funds lighten bullish corn bets ahead of highly anticipated USDA data - Braun
Detailed price performance and analysis with Market movers
Latest Stocks News
Mideast Stocks: Saudi stocks pressured by banks, Industries Qatar lifts Doha
FAB weighs on Abu Dhabi stocks
Reuters News - 2 hours agoMideast Stocks - Factors to watch on August 18
Gulf stocks slide amid mounting fears of global slowdown
Reuters News - 10 hours agoLast orders: Rise of closing auctions stirs worries in European stock markets
Closing auctions account for about 20% of European equity volumes
Reuters News - 11 hours agoBoursa Kuwait suspends trading activity on 3 stocks
Both of Ithmaar and Yiaco’s stocks were suspended
Mubasher - 15 hours agoEGX approves Zahraa Maadi’s capital raise
Zahraa Maadi decided to increase its issued capital
Mubasher - 15 hours agoOpinion
Should you care about the yield curve inversion?
No one knows when a bear market begins, but if the US and China don't reach a trade agreement soon, the chance of one is highly likely
Markets brace for currency war as yuan weakens
As a consequence of slowing world growth, central banks are putting their monetary easing policies into overdrive
Rate cuts not a cure to all problems
On Wednesday central banks in New Zealand, Thailand, and India all announced larger-than-expected interest rate cuts
Fed's attempt at policy divergence undone by fresh trade tariffs
Impact of US tariffs on the remaining $300 billion worth of Chinese imports will force the Fed into further easing and US companies into a tight corner
