European stock indexes opened slightly higher today:uropean stock indexes opened slightly higher today, benefiting from the sense of relief that prevailed in the markets following the release of the latest US inflation data, alongside stable oil price…
Dollar Holds Steady as US Rate Hike Expectations Subside
Muscat: The dollar maintained its position after the release of US inflation data on Wednesday, which tempered expectations for an immediate interest rate hike by the Federal Reserve. The dollar also held its ground against the yen, and is set for a w…
Gold Rises as Expectations of US Interest Rate Hike Recede
Muscat: Gold hit its highest level in more than two months today, driven by receding expectations of a US interest rate hike following data showing a slowdown in inflationary pressures. Investors are now awaiting producer price data for further clues …