Muscat: The US dollar drifted close to its lowest level since 2021 against the euro and the weakest since 2015 versus the Swiss franc today, with traders alert for any trade-related headlines in the countdown to the US’s tariff deadline. The dollar sl…
Business
Gold Prices Fall Amid Progress on US Trade Agreements
Muscat: Gold prices dropped today after the US signaled progress on multiple trade agreements and announced extended tariff reprieves for several countries, dampening demand for the safe-haven metal. Spot gold fell 0.6% to $3,314.21 per ounce, as US g…
Japan Stocks Decline Amid Rising Yields
Muscat: Japan’s stock markets declined today amid a broad sell-off in long-term bonds, as renewed concerns about the country’s fiscal outlook resurfaced ahead of this month’s upper house elections. The benchmark 225-issue Nikkei Stock Average fell 223…