Wednesday 30 July 2014
 
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Brent steady under $109, set for 2nd weekly loss

Brent nudged higher to hover just under $109 a barrel on Friday, but was set to post a second straight weekly fall on easing Ukraine tensions and ample supply.   Optimism that monetary stimulus in the euro zone w

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BMW 2 Series Coupe unveiled in Bahrain

The all-new BMW 2 Series Coupe has been launched in Bahrain by official importer and distributor Euro Motors at the Royal Golf Club, Riffa.   Almost 11cm longer than its predecessor the BMW 1 Series Coupe, this n

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EUR/USD: Fed move key factor

A notable technical feature of EUR/USD exchange rates in recent years has been its decline in volatility. It seems that the fortunes of the USD during 2014 will be most affected by how long the Fed has to delay implementing the tapering program,

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BNY Mellon in new global payments infrastructure

The Bank of New York Mellon (BNY Mellon), a global leader in investment management and investment services, began a new era in its treasury services business with the launch of a new global payments infrastructure. The payments in

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BAE progresses on Saudi Eurofighter jet price talks

British defence firm BAE Systems is making progress on a deal with Saudi Arabia over the pricing for Eurofighter jets, its chairman signalled, a key milestone for the company. "Watch this space," Richard Olver told Reute

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Euro 2013's top-performing currency

The euro was on track to be the world's best-performing major currency this year, while the dollar looked set for its biggest annual gain against the yen since 1979. The euro zone common currency has gained 26 percent against

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World shares enjoy vintage year, seen gaining in 2014

World stocks were ending 2013 close to six-year peaks on Tuesday and benchmark bond yields were poised for their first annual rise since 2009 as investors celebrated a pick-up in global growth with expectations of more to come. Th

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Euro surges to two-year high

The euro has jumped to its strongest level against the dollar in more than two years as banks adjusted positions for the year end, while the yen hit five-year lows for a second straight session. The dollar was broadly weaker again

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DGCX volumes cross 10m mark

Dubai Gold and Commodities Exchange (DGCX) said its year-to-date volumes surpassed the 10 million mark for the first time last month. The milestone was achieved in 164 trading days, while the total volumes stood at 10.37 million c

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DGCX trading volume up 55pc in July

Dubai Gold and Commodities Exchange (DGCX) has recorded trading volume growth of 55 per cent in July, over the same period last year.   DGCX’s currency segment continued to contribute a significant share of volumes, reco

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