Press Releases

The central banks are under pressure of fears of higher inflation around the world, and the investors are closely monitoring how the central banks would react to recent record inflation rates.

In May, users of the educational portal FOREX-MAG.COM voted in the competition for The Best Customer Service Award, assessing the services provided to customers. In the competition of fifteen brokers, who were among the top reviewed brokers, Gulf Brokers took 2nd place.

Investors in technologies start to dominate the rankings of the world’s billionaires. A comparison of this year’s data with figures from five years ago (2016) shows a clear shift from traditional industries and diversified portfolios towards a bet on new technologies.

The global stock market recorded a solid gain in the first quarter of 2021. The markets are finished in 2020 with a big bang having delivered one of the fastest recoveries in the history of the markets after the sell-off in March 2020.  The US stock indices, Dow Jones and S&P 500 climbed to fresh all-time highs in March driven by various stimulus measures and the quick rollout of covid-19 vaccines. While the Nasdaq100 shy to break new heights after it reached a record closing high on February 12th as the investors shift their focus to economic-recovery sensitive stocks and away from growth stocks. 

The Social media platform Pinterest was founded in 2003 and it went public in April 2019. It began its first day of trading up 25% at $23.75. The platform allows users to “pin” posts to digital “boards” on topics of interest. Pinterest (NYSE: PINS) stock has a market capitalisation of US$52 billion and the company's price-to-book ratio stands at 23.7%. Recently, the stock climbed to fresh all-time highs after blowout Q4 financial results.