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US stocks see historic “bull crash” amid recession, trade war fears, with investors shifting towards safer assets like gold
The stocks’ declining appeal is due to the trade war and concerns over stagflation
US tariffs will have a “limited” impact on MENA economies, though headwinds may follow, economists say
A higher valued greenback would raise debt servicing costs, while oil prices could take a hit
Positive inflation report offers relief to battered US stocks
The S&P 500 briefly entered correction territory earlier this week
All eyes are on US inflation data this week, while China faces deflationary pressures
US core CPI likely rose 0.3% in February, while China’s CPI fell 0.7%
Non-oil activity holds steady in February
The headline figure stood at 55.0 in February, remaining unchanged from January
Dubai inflation inches up 3.15% in January
The higher inflation reading was mainly driven by increased inflation in the price of housing, water, electricity, gas and other…
European stocks deliver their best performance against the US in a decade following Trump’s inauguration
Delayed US tariffs and potential peace in Ukraine are the main drivers of the rally in European stocks
Rising US inflation in January reduces chance of Fed rate cut
The consumer price index rose 3% y-o-y, the highest rise since June
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