Market News

Governments Of All Stripes Like To Take Credit For The Jobs Created In An Economy, But In Australia's Case It Is Literally True. According to figures from the Australian Bureau of Statistics (ABS) all the gains in employment for the year to February were in the public sector, some 292,900 in all. By contrast, private...

President Donald Trump Dramatically Increased Pressure On China on Sunday to reach a trade deal, saying he would hike U.S. tariffs on $200 billion worth of Chinese goods this week and target hundreds of billions more soon. The move marked a major escalation in tensions between the world's largest economies and a shift in tone...

Gulf Brokers: Coal prices drastically falls down due to its environmental damage and lack of economic significance Cairo – April 11, 2019: A survey conducted by Mahmoud Abo Hadima, Senior analyst at Gulf Brokers, about the future of coal in the global energy markets revealed that coal, which has been the irreplaceable energy source in...

U.S. Stock Index Futures mirrored a rally in global stocks on Monday after a surprise recovery in China factory activity and further hints of progress in U.S.-China trade talks. Wall Street ended the first quarter on a high note on Friday, with the S&P 500 logging its best quarter since 2009 as investors bet the...

Turkish President Tayyip Erdogan’s fiery anti-U.S. rhetoric helped spark a currency collapse in 2018 that plunged his country into recession. He had avoided a repeat so far this year but last Friday, during a break from pre-election rallies, Erdogan said U.S. President Donald Trump’s move to recognize Israeli sovereignty over the occupied Golan Heights risked...