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The Watch
Get to know Suez Canal Economic Zone’s new head, Yahia Zaki
Billed as a promising mega-project to make up around a third of Egypt’s economy, Engineer Yahia Zaki’s appointment…
Oil rises after Saudi oilfield attack, but recession fears drag
Oil rose on Monday following a weekend attack on a Saudi oil facility by Yemeni separatists and as traders looked…
Gold falls on firmer dollar, markets
Gold fell on Monday due to a stronger U.S. dollar and a recovery in equities, as major central banks around the…
Dollar prices inch up on bullish data, euro’s drop
Dollar prices rallied on Friday on bullish economic data and hit a two-week high against the euro as expectations…
Oil climbs 0.7% as Wall Street rebounds, but weak OPEC outlook caps earnings
Oil on Friday rebounded from a two-day drop, alongside equities as expectations of further stimulus by central…
Gold prices fall as equities rise, but eyes 3rd weekly earnings
Gold prices dropped on Friday as stocks and the dollar firmed, but fears of a slowing global economy and lack of…
South Africa’s rand, shares bounce from massive losses
South Africa’s rand firmed early on Thursday, bouncing from a decline to its lowest in nearly 11 months. This came…
Yen holds gains as Treasury curve shift drives rush to safety
Yen held gains against major currencies in early Asian trade on Thursday as growing signs of a global economic…
Oil drops on worries over recession, inventories
Oil dropped on Thursday, adding to sharp overnight losses as U.S. crude inventories unexpectedly increased, worries…
Gold rises as U.S. bond stocks warn of recession risks
Gold inched up on Thursday as an inverted U.S. bond yield curve alarmed investors about rising recession risks,…