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Dollar advances; Europe stocks, US futures fluctuate

Bloomberg The dollar strengthened, while European stocks and US equity futures fluctuated as investors focused on comments from the Federal Reserve and European Central Bank (ECB) about outlook for monetary stimulus. In Europe, governing council member Francois Villeroy de Galhau said the ECB will keep an easy stance for as long as needed, and US investors took comfort from remarks by ...

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Covid-19: UAE residents promote hashtag ‘#TogetherWeRecover’

ABU DHABI / WAM UAE residents have interacted with the hashtag, “#TogetherWeRecover,” on social media, underscoring the sense of community awareness about the importance of recovery and the return to normalcy after taking the approved coronavirus vaccine. The official and popular interaction with the hashtag also highlights the cooperation of Emirati citizens and residents in countering the coronavirus by immunising ...

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Oil rallies to fresh 10-month high amid US dollar’s drop

Bloomberg Oil in New York extended its recent rally to a new 10-month high as the dollar edged lower, increasing the appeal of commodities priced in the currency. Earlier, futures rose above $53 a barrel to the highest since February 2020. Prices have been climbing since the beginning of the year after promises of unilateral crude output cuts from Saudi ...

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