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The Watch
Oil climbs on likelihood of ongoing OPEC+ supply cuts
Oil climbed on Monday after Saudi Arabia said producer club OPEC and Russia were likely to keep withholding…
Gold off 14-month high as US-Mexico deal cools safe-haven demand
Gold retreated from a 14-month high on Monday after an agreement between the United States and Mexico to avert a…
Future of Egyptian pound after its unexpected appreciation
The recent unexpected aggressive appreciation of the local currency against the greenback, breaking the…
Oil falls as trade wars roil financial stocks
Oil dropped over 1% on Monday, extending losses of over 3% from Friday, when crude markets racked up their biggest…
Yen, Swiss franc shine as trade tensions spark flight to safety
Yen brushed a more than four-month high against the dollar on Monday and the Swiss franc rose as U.S. President…
Gold rises in 2 months as recession fears burnish safe-haven appeal
Gold rose on Monday to their highest in more than two months as heightened Sino-U.S. trade tensions and…
Oil falls as trade war worries outweigh supply disruptions
Oil dropped on Wednesday on concerns the Sino-U.S. trade war could trigger a global economic downturn, but…
Gold prices steady on economic worries; strong dollar caps earnings
Gold prices steadied on Wednesday, as global economic concerns dented risk appetite but a strong dollar capped…
Dollar prices steady amid fresh trade war worries; US yields fall
Fears of a further escalation in the Sino-U.S. trade dispute kept the dollar steady on Wednesday, holding gains…
U.S. dollar prices continue decline in Egyptian banks
On Monday, the US dollar saw a two-piaster decline in Egypt’s banks.