Recent Posts

Abdullah bin Zayed, Brazilian FM discuss strategic partnership, preparations for COP28 over phone

ABU DHABI / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, discussed during a telephone conversation with Mauro Vieira, Minister of Foreign Affairs of the Federative Republic of Brazil, the friendly relations, cooperation avenues, and joint work within the framework of the strategic partnership between the two countries. The two sides also discussed the prospects for ...

Read More »

Nikkei 225 drops after briefly touching fresh 33-year high

BLOOMBERG Japanese stocks fell after the Nikkei 225 Stock Average’s short-lived pop to a fresh 33-year high. Automakers including Mazda Motor Corp led the decline on the stronger yen. The Nikkei rose as much as 0.8% on Monday to the highest since March 1990, before reversing course and declining 0.6% to 33,388.03 at the market close in Tokyo. Exporters led ...

Read More »

Greenback extends decline, US equity futures steady

BLOOMBERG The dollar extended a decline, with a gauge of greenback strength hitting its lowest level since August, amid speculation the Federal Reserve is nearing the end of its rate-hike cycle. Traders are currently pricing in about a 30% chance of a first Fed rate cut in March following cool inflation data last week. Investors are awaiting publication on Tuesday ...

Read More »
Send this to a friend