by Jibran Munaf | October 19, 2024 | Markets
Foreign investors are set to withdraw a record-breaking amount from Indian equities in October, diverting their focus towards China, where recent economic stimulus measures have sparked hopes of a recovery. So far, foreign portfolio investors have pulled out a net...
by Alifiya H Ujjainwala | October 17, 2024 | Breaking, Commodities, Economy, Finance
Gold prices in Dubai soared to an all-time high on Thursday, with 22K gold surpassing AED300 per gram for the first time. Ole Hansen, Head of Commodities Strategy at Saxo Bank, recently published an insightful report on the ongoing gold and silver rally. He...
by Jibran Munaf | October 15, 2024 | Commodities
Gold prices remained flat on Tuesday as investors awaited new signals from the Federal Reserve regarding its upcoming interest rate decisions, which could provide further direction for the precious metal. Key Market Fundamentals: Spot gold was unchanged at $2,648.89...
by Jibran Munaf | October 13, 2024 | Editorials, Stocks & Bonds
Cathie Wood, the CEO of Ark Investment Management, is known for her bold investment strategy focusing on emerging technology stocks. While she typically bets on small- and mid-cap tech companies, Wood recently made a significant move by purchasing $15 million worth of...
by Jibran Munaf | October 13, 2024 | Finance, Markets
China’s latest Finance Ministry briefing left investors frustrated, as the anticipated bold fiscal measures failed to materialize. Despite promises of more support for the struggling property sector and potential increased government borrowing, the absence of a...
by Jibran Munaf | October 12, 2024 | Finance, Markets
During a highly anticipated press briefing on Saturday, China’s Finance Minister, Lan Fo’an, indicated that the central government has the capacity to increase its debt and deficit. He stated that there is “rather large” room for a deficit increase, but emphasized...
