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Global Events

19 November 04:25 PM Boeing, Air Astana ink deal for Boeing 737-MAX 8 airplanes
Mubasher: Air Astana, has signed a letter of intent with Boeing for 30 Boeing 737 MAX 8 airplanes worth $3.6 billion for FlyArystan.
15 November 10:04 PM Gold loses $5 at Friday’s settlement
Mubasher: Gold settled lower on Friday, adding 0.4% for the week.
15 November 11:12 AM Gold drops as US-Sino trade deal optimism thwarts risk appetite
Mubasher: Gold fell on remarks from White House economic adviser Larry Kudlow that the US is “getting close” to an interim trade deal with China.
14 November 12:50 PM Gold rallies on dim industrial China figures
Mubasher: Gold prices rose on Thursday as Asian stocks retreated, after weaker-than-expected economic figures from China gave a boost to safe-haven buying, according to Reuters.
13 November 12:26 PM Gold rises as US-China trade uncertainty drags on risky assets
Mubasher: Gold rose after a speech by President Donald Trump disappointed hopes for a progress towards a trade pact between the US and China.
12 November 11:20 AM Gold slips as investors await US-China trade progress signals
Mubasher: Gold fell, ahead of US President Donald Trump's speech, in which investors hoped he would signal progress on the trade negotiations with China.
11 November 10:16 AM Gold edges up on US-China trade fears, global slowdown
Mubasher: Gold inched up on Monday on the return of worries over the trade dispute between the US and China and a global economic slowdown.
8 November 11:56 AM Gold rises; heads for biggest weekly drop in 2.5 years
Mubasher: Gold was on course of its biggest weekly drop in two years and a half, as hopes of a US-China deal boosted risk-taking appetite.
7 November 10:27 AM Gold stabilises amid US-Sino trade uncertainty
Mubasher: Caution gripped markets in the midst of signs of a potential delay to the signing of an initial US-Sino trade deal.
6 November 10:13 AM Gold rises as investors temper hopes on US-China trade deal
Mubasher: Investors retreated from riskier assets in the absence of concrete developments on the US-Sino trade front.
5 November 10:37 AM Gold dips as dollar gains on US-China trade pact optimism
Mubasher: Gold prices declined on Tuesday, as hopes that trade talks between the US and China could result in a deal supported the dollar.
4 November 05:45 PM India’s gold imports drop 33% in October over lower demand
Mubasher: India's gold imports declined for the fourth month running, as purchases were dented by record-peak prices during key festivals in the Asian nation.
4 November 11:42 AM Gold stabilises as dollar softens, trade hopes boost risk-on sentiment
Mubasher: Gold steadied on Monday as the dollar weakened on dim manufacturing survey data, while hopes of a trade deal between the US and China.
1 November 09:49 PM Gold ends $3.4 lower on Friday
Mubasher: Gold settled lower at Friday’s settlement, gaining 0.4% for the week.
30 October 11:01 AM Gold in narrow range amid expected Fed rate cut move
Mubasher: Gold traded in a constricted range on Wednesday, as caution gripped investors as they were waiting for the US Federal Reserve's policy move.
28 October 11:57 AM Gold inches up amid focus on Fed meeting
Mubasher: Gold prices edged up on Monday, after a 1% leap in the preceding session, as investors awaited a policy rate decision by Federal Reserve.
25 October 09:22 PM Gold settles higher on Friday
Mubasher: Gold rose at Friday’s settlement, gaining 0.8% for the week.
25 October 11:31 AM Gold hovers close 2-week peak on soft US figures
Mubasher: Gold prices rose on Friday as soft US economic figures raised the speculation for another interest rate cut by the Federal Reserve next week.
24 October 01:33 PM Gold declines as markets await more Brexit clarity
Mubasher: Gold prices declined on Thursday as markets awaited clarity on Brexit after the European Union postponed a decision on departure deadline delay.
23 October 12:50 PM Gold rises as investors await more signals on Brexit, trade
Mubasher: Gold prices rose on Wednesday, as investors were waiting for further clarity on the Brexit and trade conflict between the US and China.
22 October 10:42 AM Gold stabilises early Tuesday amid US-Sino trade optimism
Mubasher: Gold declined earlier on Tuesday as progress in the trade talks between the US and China boosted Asian shares.
21 October 10:53 AM Gold steadies as investors await signals on US-Sino trade, Brexit  
Mubasher: Gold prices slightly changed earlier on Monday as markets were looking for further clarity on the trade negotiations between the US and China.
18 October 02:32 PM Gold slips on profit-booking, growth, trade anxieties limit losses
Mubasher: Gold prices declined on Friday as investors locked in profits after the European Union and the UK clinched a new Brexit deal.
16 October 01:42 PM Gold edges up on Brexit uncertainty; risk-on appetite caps gains
Mubasher: Gold traded higher on Wednesday owing to uncertainty surrounding Brexit negotiations, but a risk-taking sentiment limited gains.
15 October 03:20 PM Global steel demand remains resilient in 2019, 2020–worldsteel
Mubasher: The World Steel Association said that global steel demand will remain solid this year and next, even amid uncertainty over global economic conditions.