Currency traders work at the foreign exchange dealing room in Seoul on Thursday. Associated Press
Global stocks rose on Friday after a top Federal Reserve official cemented expectations of a US interest rate cut later this month, fuelling appetite for riskier assets and keeping a cap on the dollar.
Europe's share markets struggled on Thursday and the dollar and bond yields trimmed overnight gains made after the US Federal Reserve dampened bets that it might be readying its first interest rate cut in years. Oil and metals markets added to the pressure on stocks as traders knocked copper to a 2-1/2 month low
World equity benchmarks hit their lowest levels in a month on Wednesday as signs of a slowdown in US economic growth and weak earnings in Europe fanned fears
Robust earnings from Google-owner Alphabet and Twitter took the S&P 500 and Nasdaq indexes close to record levels on Friday, with data showing the domestic economy slowed lesser than expected in the second quarter providing support.
The Expo Centre Sharjah said that it is ready and well-prepared for hosting the 3rd International Concrete Conference & Exhibition (ICCX Middle East 2019),
Dubai Chamber of Commerce and Industry (Dubai Chamber) has announced that it has signed a memorandum of understanding (MoU) with the General Directorate of Residency and Foreigners Affairs (GDRFA)
The Mustang Mach-E, which will become available in late 2020, will be priced at around $45,000, but US tax credits for electric cars will trim that figure to around $35,000.