Bloomberg Treasury yields rise with commodities before US President Joe Biden unveils an economic plan including a $2 trillion infrastructure boost. Stocks were mixed as traders weighed inflation and the tax impact of the new plan. US index futures and European stocks were little changed after Asia’s equity benchmark posted a second-day decline. The dollar fluctuated between gains and losses, ...

DUBAI / WAM The UAE’s economy stands on the verge of a new era. One that will be marked with a dynamic industrial growth spurred by a raft of new local and foreign investments. This, thanks to the launch of “Operation 300bn”, the new strategy from the Ministry of Industry and Advanced Technology (MoIAT) which seeks to fortify the nation’s ...

Bloomberg Oil falls alongside a strengthening dollar as near-term risks to the demand recovery emerged ahead of a Opec+ meeting this week to decide on output policy. Futures in New York fall as much as 2.6%, with the Bloomberg Dollar Spot Index rising to the highest since November, thereby reducing the appeal of commodities priced in the currency. Weaker US ...