Germany’s wholesale prices dips 0.1% in July
Germany recorded a 0.1 per cent decrease in wholesale prices in July 2024, compared to the same month in 2023,…
Browsing Tag
decline
Italy’s construction PMI falls in July
Italy's construction sector saw a deeper downturn in July, with the HCOB PMI dropping to 45.0 from 46.0 in June,…
France’s services sector sees slight contraction in June – PMI
The HCOB France Services PMI Business Activity Index remained below the critical 50.0 threshold in June for the…
Russia services PMI drops in June
The S&P Global Russia Services PMI Business Activity Index fell to 47.6 in June from 49.8 in May, signaling the…
Russian stocks decline on Tuesday
The Russian stock market started with slight declines in its indices on Tuesday.
UK house prices sees unexpected fall in April
UK house prices have seen a decrease for the second consecutive month in April, as per Wednesday data from…
Gold prices go down on 13/11/2023
Gold prices went down by 0.04 percent on Monday with 1,929.49 Egyptian Pounds per gram for 24 carat.
Saudi Arabia reports 8% decline in first-quarter awarded contracts
The total value of awarded contracts across Saudi Arabia for the first quarter reached SR45.2 billion ($12…
Japan’s Sharp posts 37% decline in annual profits
Japan’s Sharp Corp, an Apple Inc supplier, reported a 37 percent decline in annual operating profits and refrained…
Japan’s Sony posts 57% decline in fourth-quarter profit
Japan’s Sony Corp on Wednesday reported a 57 percent drop in fourth-quarter operating profit and refrained from…
Asia stocks mixed after 10-year Treasury yield falls
Asian stocks were mixed on Thursday afternoon following an overnight decline on Wall Street after the…
US stocks to fall, Dow futures point to a decline of over 150 points at the open
Futures are indicating that stateside US stocks are set for a rocky start to their trading week on Tuesday.
Egypt’s foreign reserves fall 4.4% in December: CBE
Egypt’s foreign currency reserves dropped 4.4 percent to $42.5 billion in December from $44.5 billion in November,…
As rest of Asia rises on Friday, Japan solidifies first annual decline since 2011
Japanese stocks ended their trading year in negative territory on Friday.
Euro set for biggest weekly decline in a month on PMI data, oil fall
The euro slumped half a percent on Friday on signs that economic growth could be slowing across the euro zone with…
Dow falls over 150 points, posts worst Thanksgiving week decline since 2011
U.S. stocks fell on Friday as some of the most popular technology shares were under pressure once again, while a…
Dow plunges over 500 points, erases gain for 2018
The Dow Jones Industrial Average and S&P 500 fell sharply on Tuesday and turned negative for the year as a…
Dow falls in wild session as Wall Street fails to recover from sharp losses
U.S. stocks fell in volatile trading on Tuesday, failing to regain their footing after suffering steep losses in…
US crude oil posts longest losing streak in over 34 years, falling for 10th day
U.S. crude prices fell Friday for a 10th consecutive session, sinking deeper into bear market territory and wiping…
Oil falls on surprise drawdown in US crude stockpiles
Oil prices extended gains into a fourth session on Wednesday, buoyed as industry data showed a surprise decline in…
US stocks fall, led by tech, as Wall Street fails to bounce back from last week’s…
A decline in tech shares pushed the major indexes lower on Monday as Wall Street tried to regain its footing after…
Dow plunges more than 800 points in worst drop since February
U.S. stocks sank on Wednesday as a steep decline in tech shares and worries of rapidly rising rates sent Wall…
S&P 500 posts worst week in nearly a month as rates pop
U.S. stocks fell on Friday after the release of mixed employment data jolted interest rates higher. The S&P 500…
Cairo bourse’s property sector falls 27%, makes up 13% of turnover in Q3
The Egyptian Exchange’s (EGX) real estate sector suffered a sharp decline of 26.6 percent during the third quarter…
Dollar prices jump on euro woes, Fed rate outlook
Dollar prices climbed to a two-week peak versus a currency basket on Friday, as concerns about the Italian budget…
Oil extends decline after biggest monthly slump in 2yrs
Oil prices fell on Wednesday after industry data showed U.S. stockpiles of crude unexpectedly rose, starting the…
Gold slides to 7-month lows as dollar climbs
Gold and silver prices slid to seven-month lows on Friday as the dollar rose to a two-week peak, buoyed by…
oil prices rise 1%, settling at $71.01, but posts 2nd straight weekly loss
Oil prices rose by about one percent on Friday as strike actions in Norway and Iraq hit supplies, but futures were…
EGX loses 19.5bn Egyptian pounds in June
The Egyptian Exchange (EGX) lost about 19.5 billion pounds throughout June.
Oil prices slip but markets remain tight due to disruptions, record demand
U.S. oil prices dipped away from three-and-a-half year highs on Thursday amid high output from Russia, the United…
US stocks rise over 1% this week, but gains capped by trade tensions
US stocks rose on Friday, adding to solid weekly gains, but their rise was kept in check amid increasing tensions…
US oil prices edged higher on fall in local crude stockpiles
U.S. oil prices inch up in early Asian trade on Wednesday to move away from lows hit in the previous session,…
US stocks drop nearly 400 points after Morgan Stanley, JP Morgan lead bank stock tumble
U.S. stocks sank Tuesday amid political turmoil in Italy that sent the euro tumbling and ongoing difficult trade…
Oil prices edge lower after rally, OPEC may ease supply curbs
Oil prices fell on Wednesday as the market took a breather on expectations OPEC may raise supplies as early as…
Asian markets fall after Trump’s trade comments; Nikkei down 1%
Asian markets slipped Wednesday after U.S. President Donald Trump's said he was "not satisfied" with the latest…
Gold prices inch up on short-covering
Gold prices recovered slightly on Wednesday on short-covering after sliding to the lowest level this year in the…
US stocks fall about 200 points, snap 8-day winning streak after interest rates rise
U.S. stocks dropped sharply on Tuesday after Home Depot reported quarterly sales that fell short of Wall Street's…
Dubai DAMAC’s profits fall 45% in Q1
Dubai's DAMAC Properties, owner and operator of the only Trump-branded golf club in the Middle East, posted a 45…
Housing market in Kuwait poised to boom in Q2
Despite mixed performance in the first quarter of 2018, the various sectors of the property market in Kuwait,…
Dollar prices below 3-month highs as US 10-year yield pulls back
Dollar held steady against currencies on Monday after pulling back slightly from a 3-1/2-month high last week,…