Global stock markets and Wall Street futures declined on Tuesday after a selloff in the US Treasury debt eased, helping to allay concern about a possible rise in interest rates.
Bitcoin passed the $60,000 mark for the first time on Saturday, with analysts saying the giant US stimulus package helped boost the world’s most popular virtual currency on its record-breaking run.
Global stocks gained on Tuesday as hopes of a robust economic recovery bolstered confidence in riskier assets. A pullback in US and European bond yields also buoyed equity markets.
Ahmed Mahboob Musabih, Director General of Dubai Customs (DC) received a delegation from the US mission in Dubai, headed by Philip Frayne, the United States Consul General. The delegation highly applauded Dubai Customs’ incessant efforts to combat
Global stocks hit their highest levels in over three weeks on Tuesday, as investors bet the US Federal Reserve and other central banks’ meeting this week will keep policies accommodative
The number of Americans filing new claims for unemployment benefits dropped to a one-year low last week as economic activity rebounds after weather-related disruptions in February.
Global equity benchmarks and oil prices rose on Friday while safe havens such as the dollar and US Treasuries dipped as hopes for a global economic recovery overshadowed the continued blockage of one of the world’s most vital shipping lanes.
US consumer spending fell by the most in 10 months in February as a cold snap gripped many parts of the country and the boost from a second round of stimulus checks to middle- and lower-income households faded.
Annual profits at China’s industrial firms surged in the first two months of 2021, highlighting a rebound in the country’s manufacturing sector and a broad revival in economic activity from the coronavirus crisis early last year.