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Jordan's Central Bank Open Market Operations Committee Decides to Cut the Main Interest Ra...
SadaNews Economy - The Open Market Operations Committee at the Central Bank of Jordan held its eighth and final meeting of the year, deciding to cut the "main interest rate" and interest rates on various monetary policy tools by 25 basis points, effective Sunday, December 14, 2025.
The committee co...
Oil Gains Fade After US Seizes Sanctioned Tanker Off Venezuela
SadaNews - Oil prices erased their early gains after the United States seized a sanctioned tanker off Venezuela, following extensive losses in stocks and other high-risk assets.
Brent crude held above $62 a barrel, trimming previous gains of 0.7%. West Texas Intermediate traded below $59. The press...
Gold Extends Gains for the Third Consecutive Day
SadaNews - Gold extended its gains, rising for the third consecutive day, after the U.S. Federal Reserve executed its third successive and expected interest rate cut on Wednesday. The price of silver also reached a record high.
The precious metal rose by up to 0.5%, nearing $4,214 per ounce, amid f...
In Line with Expectations.. The "Fed" Lowers Interest Rates by 25 Basis Points for the Thi...
SadaNews - The U.S. Federal Reserve has lowered interest rates by 25 basis points for the third consecutive time to support the U.S. labor market after signs of cracks appeared, taking advantage of the relatively stable inflation in the United States.
The Federal Open Market Committee voted today,...
Silver Rises to $60 for the First Time
SadaNews Economy - The price of silver in spot transactions reached $60 per ounce for the first time ever on Tuesday, driven by market shortages and increased demand for the white metal.
The precious metals markets are cautiously awaiting the results of the U.S. Federal Reserve meeting, as statemen...
"Brookfield" and Qatar Alliance to Invest $20 Billion in Artificial Intelligence
SadaNews - "Brookfield Asset Management" has begun collaborating with the Qatar Investment Authority on a joint project worth $20 billion aimed at developing infrastructure for artificial intelligence, in a move that underscores the rising regional competition to enhance influence in this rapidly gr...
Asian Stocks Decline Amid Concerns Over Pace of U.S. Interest Rate Cuts
SadaNews - Asian stocks declined, influenced by the drops recorded on "Wall Street" on Monday, as traders grew more concerned about the pace of interest rate cuts by the Federal Reserve over the next year, following a nearly certain cut this week.
The regional stock index of "MSCI&...
Stability of Oil Prices After the Largest Drop
SadaNews - Oil prices stabilized after the largest drop in nearly three weeks, while traders await reports issued this week to assess the supply situation.
Brent crude was traded above $62 a barrel after a 2% drop on Monday, while West Texas Intermediate crude stabilized near $59.
The U.S. Energy...
Jordan Records Highest Foreign Reserves in Its History
SadaNews - The foreign reserves at the Central Bank of Jordan have reached a record level, standing at about 24.6 billion dollars by the end of November, reflecting the resilience of the Jordanian economy and its ability to face external challenges.
This historic increase is attributed to the rise...
Oil Hovers Near Highest Level in Two Weeks
SadaNews Economy - Oil prices rose near their highest levels in two weeks on Monday, as investors expect the U.S. Federal Reserve to cut interest rates this week, which could support economic growth and boost energy demand, while also monitoring the geopolitical risks threatening supplies from Russi...
Despite the trade truce.. China's exports to the US decline by 29% in November
Economy SadaNews - Chinese exports to the United States have declined for the eighth consecutive month, despite the recent trade agreement between the world's two largest economies, during a time when China's total exports exceeded market expectations in November as factories intensified shipments t...
Gold Rises Supported by Expectations of US Interest Rate Cuts and Dollar Decline
SadaNews - Gold prices rose during trading on Monday, benefiting from growing expectations that the US Federal Reserve will cut interest rates this week, which has led to increased pressure on the dollar.
Gold increased in spot transactions by 0.4% to record $4215.38 per ounce.
In contrast, Decemb...