BLOOMBERG US index futures and global stocks rose amid signs inflation expectations are receding and central banks are no longer in a rush to accelerate monetary tightening. Contracts on the S&P 500 and Nasdaq 100 indexes added at least 0.3% each. MSCI Inc’s benchmark for world equities climbed for a seventh day. Crude oil extended gains as an Opec+ plan ...

BLOOMBERG A risk-on mood fuelling this year’s equities rally is likely to falter, with headwinds from bank turbulence, an oil shock and slowing growth poised to send stocks back towards their 2022 lows, according to JPMorgan strategist Marko Kolanovic. “The Fed indicated no intention to cut interest rates this year, yet risk assets are exhibiting an unprecedented rally, with European ...

ABU DHABI / GULF TIME Bloom Holding, one of the UAE’s foremost real estate development companies, has announced the appointment of Edrafor Emirates LLC as the enabling works contractor for Toledo, phase two of the fully integrated and all-inclusive residential community, Bloom Living. Toledo comprises 405 units ranging from two-and three-bedroom townhouses with sizes starting from 120 sqm to 171 ...