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Oil Prices Continue to Rise Amid Heightened Tensions Between Washington and Tehran
SadaNews - Oil prices have risen as traders evaluate the prospects of reaching a nuclear deal with Iran, while U.S. President Donald Trump stated he prefers a diplomatic solution but warned of consequences if an agreement is not reached.
Brent crude rose near $72 per barrel after closing slightly l...
Financial Times: Lebanon Considers Selling Gold Reserves to Save Banks and Economy
SadaNews - The British newspaper "Financial Times" reported that politicians and bankers in Lebanon are considering the possibility of selling or leasing part of the central bank's large gold reserves to save the country from the repercussions of its economic and financial crisis, especially amid ri...
Gold prices decline amid profit-taking after a surge
SadaNews - Gold has declined as traders took profits following four days of gains fueled by uncertainty surrounding U.S. trade policy and escalating tensions in the Middle East.
The precious metal fell by as much as 1.6%, before trimming some of its losses, as Chinese traders returned on Tuesday af...
Morgan Stanley: The Swiss Franc, Similar to Gold, Is Set to Rise
SadaNews - The Swiss franc may rise by up to 17% against the dollar, driven by growing confidence in its status as a safe haven, amid increasing uncertainty surrounding U.S. policies, according to Morgan Stanley.
Analysts led by David Adams stated in a memo that the decline in inflation in Switzerl...
China Urges the United States to Cancel Unilateral Tariffs
SadaNews - China urged the United States on Monday to eliminate the "unilateral" tariffs announced by President Donald Trump, following the U.S. Supreme Court's annulment of a large portion of the fees imposed since he returned to the White House, noting that it is assessing the implications of the...
Lagarde: Tariff Moves Threaten Trade Balance Between Europe and America
SadaNews - European Central Bank President Christine Lagarde stated that the latest tariff moves by U.S. President Donald Trump could disrupt the balance that was previously negotiated between the European Union and the United States, and could represent a new headwind for the economy.
Lagarde adde...
Oil Prices Fall Amid Anticipation of Nuclear Negotiation Results with Iran
SadaNews - Oil prices have fallen as investors assess the prospects of a nuclear deal between the United States and Iran, with further negotiations on this matter expected later this week while U.S. forces gather in the Middle East.
Brent prices fell to nearly $71 a barrel after closing with little...
Gold Prices Rise Amid Uncertainty Over U.S. Trade Deals
SadaNews - Gold prices rose amid uncertainty about what will happen with trade deals negotiated with the United States, after the Supreme Court restricted President Donald Trump's authority regarding tariffs, disturbing the markets.
Gold prices surged by up to 1.3%, exceeding $5148 per ounce. Trump...
Xi Gains Negotiating Power Before Trump Summit as US Reverses Tariffs
SadaNews - Chinese President Xi Jinping heads to the negotiating table with Donald Trump enjoying greater negotiating power, after the US president lost his ability to rapidly raise tariffs for almost any reason.
Weeks before Trump's arrival in Beijing on March 31, his first visit to China since 20...
What are the details of Egypt's first issuance of government bonds targeting individuals?
SadaNews - Egypt will begin today, Sunday, the first issuance of government debt instruments directed directly to individuals without bank mediation, in a step aimed at diversifying the investor base and reducing borrowing costs, through allowing subscription in the "Citizen Bond" with a net annual...
Germany Faces a Data Test: Is the Largest Economy in Europe on the Brink of a Meaningful R...
SadaNews - Upcoming data from Germany over the next few days is expected to shed light on whether the largest economy in Europe is on the verge of a meaningful recovery, or still shackled by Donald Trump's tariffs and chronic internal deficiencies.
The anticipated releases will include the prominen...
