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Mohamed bin Zayed meets with European Commission President

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Thursday met with President of the European Commission Ursula von der Leyen, who was on a working visit to the UAE. During the meeting, His Highness and the European Commission President discussed various aspects of cooperation between the UAE and the European Union and explored ...

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Stocks weaken, dollar extends rally on Fed’s policy outlook

BLOOMBERG European stocks headed for their longest run of losses in more than five years after weak German economic data, while the dollar strengthened as investors increased bets for further Federal Reserve policy tightening. The Stoxx 600 gauge retreated for a seventh day as German industrial output declined again in July, further holding back Europe’s biggest economy. The Bloomberg dollar ...

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JPMorgan sees yen sliding 155 to dollar

BLOOMBERG The slide in the yen isn’t over, despite expectations the dollar may not be quite so strong in coming months, said the top forecaster for the currency. The yen will probably weaken to 152 against the dollar this year, and 155 in 2024, Tohru Sasaki, JPMorgan Chase & Co.’s head of Japan markets research, said in an interview. Even ...

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