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Day: September 9, 2024

Dollar Rises Amid Focus on Fed Rate-Cut Outlook

The dollar recovered some lost ground on Monday while the yen pared its safe-haven gains, as investors who were undecided on the scale of a Federal Reserve rate cut expected later this September.

The onshore yuan was last 0.3 percent weaker at 7.111…

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QSE Index Rises 0.12% at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) rose 12.74 points, or 0.12% to reach the level of 10,273 points at the beginning of trading on Monday, compared to yesterday’s closing.

QSE general index was supported by a rise in most sectors: T…

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Oil Prices Jump $1 on Post Selloff Recovery

Oil futures jumped by a dollar in early trading on Monday as markets recovered from a selloff following weaker-than-expected US jobs data on Friday.

West Texas Intermediate crude futures rose $1, or 1.48%, to $68.67 a barrel.

Brent crude futures we…

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