India’s currency has weakened slightly against the UAE dirham in early trade, mainly off the back of dollar strength
From the upcoming climate conference in UAE, to inflation numbers in the US, and China’s GDP targets, a look at what the markets are tracking
Tesla cited higher costs related to a slower-than-expected ramp up in output at the new factories, as well as difficulties shipping vehicles
West Texas Intermediate was steady below $77 a barrel after sinking more than 8 per cent over the previous two sessions
Bullion is heading for a fifth monthly decline, the longest such stretch in four years
Gold’s next move may hinge on the minutes from the Fed’s July meeting
Gold has lost more than $110 in July alone as traders increased bets on a full percentage-point increase in US rates
The two currencies are worth the same for the first time in two decades
The turmoil is a good time for investors to rebalance their portfolios
The price of Brent crude is still below what most of the region’s economies need to balance their budgets
Bullion is set to post the first monthly gain since July after a run of losses prompted by the development of effective coronavirus vaccines
Gold suffered its second-biggest drop in seven years on the day that Pfizer announced early results showing its vaccine was 90 per cent effective
Kuwait is the only country in the six-member Gulf Cooperation Council that links its currency to a basket dominated by the US dollar, while the others are linked solely to the greenback
The regulator denied reports that the country was studying the feasibility of continuing the peg between the dirham and the US dollar.
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