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Wall Street Predictions for the Dollar's Performance in 2026
Read More"Bloomberg": Saudi Arabia Reduces Its Main Crude Oil Price for Asia for the...
Read MoreThe Egyptian Private Sector Concludes 2025 with the Best Quarterly Performa...
Read MoreSaudi Arabia Raises $11.5 Billion Through First Dollar Bonds This Year
Read MoreOil Prices Stabilize After Recording Largest Weekly Gain
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Gold prices near $4,466 per ounce
SadaNews - Gold prices have decreased at a time when traders are looking beyond rising geopolitical tensions, anticipating the release of U.S. economic data this week.
The precious metal traded near $4,466 per ounce, after rising more than 4% in the previous three sessions. U.S. President Donald Tr...
Wall Street Predictions for the Dollar's Performance in 2026
SadaNews - After the US dollar faced a significant blow in 2025, pressured by the tariffs imposed by President Donald Trump and the US Federal Reserve's three consecutive interest rate cuts, major banks and Wall Street firms - which did not take into account the developments in Venezuela - lean towa...
"Bloomberg": Saudi Arabia Reduces Its Main Crude Oil Price for Asia for the Third Month
SadaNews - Saudi Arabia has reduced the price of its main crude oil directed to Asia for the third month, amid ongoing indications of an expected surplus in supply.
Saudi Arabia's state-owned company "Aramco" has cut the price of "Arab Light" crude for its customers in Asia to a premium of 30 cents...
The Egyptian Private Sector Concludes 2025 with the Best Quarterly Performance in 5 Years
SadaNews - The non-oil private sector in Egypt concluded last year by achieving business activity growth for the second consecutive month in December, supported by an increase in new orders, thus recording the best quarterly performance in the last quarter since five years. This improvement reflects...
Saudi Arabia Raises $11.5 Billion Through First Dollar Bonds This Year
SadaNews - Saudi Arabia has raised $11.5 billion through the issuance of dollar-denominated bonds, as part of its efforts to leverage global markets to finance massive projects aimed at reducing its economic reliance on oil.
The offering, comprised of four tranches launched on Monday and maturing i...
Oil Prices Stabilize After Recording Largest Weekly Gain
SadaNews - Oil stabilized after its largest weekly gain, as traders assessed expectations regarding Venezuela, while concerns over a global supply surplus continued.
Brent crude was near $62 a barrel, after closing up 1.7% in the previous session, where the U.S. seizure of the Venezuelan president...
Gold Stabilizes Amid Anticipation for U.S. Job Data Following Venezuela Tensions
SadaNews - Gold prices stabilized as traders looked beyond the tensions in Venezuela toward a busy series of economic data in the United States.
The bullion was near $4440 an ounce after rising 2.7% in the previous session, following the arrest of Venezuelan leader Nicolas Maduro.
Uncertainty...
Oil Prices Fluctuate as Market Assesses Impact of Venezuela's President Arrest
SadaNews - Oil prices fluctuated as traders weighed the implications of the United States' arrest of Venezuelan President Nicolas Maduro on global crude supplies and the broader impact on the country's energy sector.
Brent crude fell by as much as 1.2% at the open, before trimming its losses and tr...
Gold and Silver Prices Rise as Demand for Safe Havens Returns
SadaNews - Gold and silver prices have risen as investors turn to safe-haven assets in precious metals, amid escalating geopolitical risks following the U.S. arrest of Venezuelan President Nicolas Maduro.
Gold advanced in spot transactions by up to 2.1% in early Monday trading, surpassing $4,420 pe...
The Oil Market May Absorb Maduro's Shock Amid Global Supply Abundance
SadaNews - While the arrest of Venezuelan President Nicolás Maduro following U.S. airstrikes is a highly significant geopolitical development, preliminary reports indicate that the global oil market will largely handle this move calmly.
According to sources familiar with the matter, the oil infrast...
Weak Hiring in December Ends a Lackluster Year for the U.S. Labor Market
SadaNews - Limited job gains are expected to be recorded in the United States in December, concluding one of the weakest years for employment growth since 2009.
Economists predict an addition of nearly 60,000 jobs during the month, according to the average forecast from a Bloomberg survey ahead of...
The Allure of Gold as a Safe Haven Drives its Price from Peak to Peak
SadaNews - Throughout the centuries, gold has been a safe haven when political and economic stability wavers. Its status as a highly valuable and reliable commodity, easy to transport and sell anywhere, provides a sense of security amid turmoil.
Investors flocked to gold in 2025, particularly gold-...