forex news Oil traders recall 2008 holiday bounce, but see no gift for bulls Noha Gad Dec 23, 2015 0 At the tail end of 2008, the last time oil prices traded at $35 a barrel, some vacationing oil traders missed out…
forex news U.S. crude rises to premium over Brent as exports loom Noha Gad Dec 23, 2015 0 U.S. crude prices briefly rose to a premium over internationally traded Brent on Wednesday following a report of a…
Banks EFG Hermes says devaluation is the sole option in Egypt Noha Gad Dec 22, 2015 0 The devaluation of the Egyptian pound is necessary to improve liquidity and start an equity market rally, the…
World Asian shares hike as crude claws back some ground Noha Gad Dec 22, 2015 0 Asian shares edged higher on Tuesday, taking solace from Wall Street gains and some stability in recently weak…
World Wall St. drops on lower crude prices, stock options expiry Noha Gad Dec 19, 2015 0 U.S. stocks closed lower on Friday for the second straight day, as concerns, ranging from a decline in crude oil…
Banks Asian central banks, governments breathe sigh of relief after Fed lifts off Noha Gad Dec 17, 2015 0 Asian governments and central bankers breathed a collective sigh of relief on Thursday after currencies edged up…
Banks Fed raises interest rates, citing ongoing U.S. recovery Noha Gad Dec 17, 2015 0 The Federal Reserve hiked interest rates for the first time in nearly a decade on Wednesday, signalling faith that…
World Asia jumps as Wall Street gains lifts sentiment before Fed decision Noha Gad Dec 16, 2015 0 Asian stocks rose briskly on Wednesday, with sentiment lifting as Wall Street rose before a likely hike in U.S.…
World Rate-hike past is not prologue for markets: Wall Street veterans Noha Gad Dec 14, 2015 0 It has only been six years since the U.S. stock market rout brought on by the financial crisis, but as far as Deena…
Egypt News Egypt eyes talks with Gulf Arab allies for more aid aya salah Dec 12, 2015 0 Egyptian authorities are planning to hold talks with Saudi Arabia, Kuwait and the United Arab Emirates to secure…