It appears to have found support around its 200-week moving average, which currently sits near $1,200
An electric car now costs $61,000 on average
Oil is still up more than 50 per cent this year after rebounding demand combined with upended trade flows
Crude has rallied about 60 per cent this year as an economic rebound coincided with upended trade flows
The world’s largest digital token tumbled as much as 6.4 per cent to $25,593, its lowest level since May 12
The rate of job creation in UAE was the quickest in seven months despite the inflation
Bitcoin has struggled in recent weeks as the Federal Reserve hikes interest rates and inflation remains high
The next generation of central bankers is taking a page from the business school play book
The turmoil is a good time for investors to rebalance their portfolios
The base rate suggests the general stance of the Central Bank’s monetary policy
Crypto assets have all been weighed down as the Federal Reserve and other global central banks raise interest rates
Investors continue to seek a store of value amid the uncertainty
Bullion has eased after rallying to within $5 of a record last week
In both the 1970s and today, the shocks hit economies that already had inflation problems
Palm oil, which is used in thousands of products from cookies to shampoo, is on a record breaking run
Investors should avoid growth stocks or companies with a high valuation
Analysts have noted that cryptocurrencies have lately been moving in tandem with other riskier assets
Gold is holding above $1,800 an ounce after dropping for the first time in three years in 2021
The largest cryptocurrency by market value rose as much as 3.1 per cent to $44,001 on Wednesday
Silver’s other role as a key commodity in solar panels and electronics is likely to buoy prices over the longer term
Spot gold steadied at $1,755.18 an ounce at 9.40am in Singapore, after retreating 0.2 per cent on Monday
Gold is heading for its biggest monthly loss since June as more central banks start signaling a pullback in stimulus measures
The fuel crisis has exacerbated power blackouts and resulted in miles-long lines at gasoline stations
Security selection will be particularly important within high yield
The kingdom hiked its value added tax (VAT) from 5 per cent to 15 per cent in July
Between May and June 2020, the UAE’s CPI logged an increase of 0.33 per cent
Inflation in July reached 11.42 per cent from the previous month
Saudi Arabia increased its value-added tax from 5 per cent to 15 per cent on July 1
New report says employees in Saudi, Qatar and Kuwait can expect higher wage hikes next year