Muscat: Oil prices steadied in early trading today after falling for three consecutive sessions as a US trade deal with Japan signaled progress on tariffs and a poll showed US crude stockpiles fell last week, indicating stronger demand. Brent crude fu…
Business
US Dollar Declines Against Yen after Trump Announces Trade Deal with Japan
Muscat: The US dollar declined today against the Japanese yen, following an announcement by US President Donald Trump of a trade agreement with Japan ahead of an imminent tariff deadline. President Trump said that the agreement includes a $550 billion…
Gold Falls as Risk Appetite Improves Despite Weaker Dollar
Muscat: Gold eased today as risk appetite improved despite a soft dollar and lower Treasury yields. Spot gold was down 0.2% at $3,423.44 per ounce, after hitting its highest point since 16 June 2025 earlier in the session. US gold futures also slipped…