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The Watch
Gold steady in early Wednesday trade
Gold recovered its early losses on Wednesday, as U.S. dollar declined from a six-week high and investors awaited…
US dollar, oil up in early Wednesday trade
Oil prices were up in early Wednesday trade. Brent crude rose by 0.43 per cent, or 0.34 cents, reaching $79.89 a…
Oil up in early Tuesday trade
Oil prices rose in early Tuesday trade. Brent crude climbed by 0.19 per cent, or about 0.14 cents, to reach $80.21…
China’s major banks move to support yuan
China's major state-owned banks are tightening liquidity in the offshore foreign exchange market to support the…
Oil prices fall amid Red Sea risks
Oil prices decreased globally as the OPEC member Libya resumed output of its largest field Sharara, bolstering…
Terraform Labs files for bankruptcy protection
Terraform Labs filed for Chapter 11 bankruptcy in the United States according to court papers filed on Sunday and…
IEA raises its estimate of oil demand in ’24
The International Energy Agency (IEA) revised up its estimate of the growth in oil demand in 2024 on Thursday.
Oil falls in early Wednesday trade
Oil prices fell in early Wednesday trade, as concerns over Middle East tensions were mitigated by a broad tone of…
Egypt’s Mercantile Exchange plans to offer some agricultural products, minerals soon
Egypt’s Mercantile Exchange (EMX) plans to start offering a number of agricultural and petroleum products, food…
Total value of sugar traded on Egypt Mercantile Exchange hits EGP 4.5 bln
The total value of all sugar traded on the Egyptian Mercantile Exchange (EMX) has recorded 4.5 billion Egyptian…