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Global Indices

29 April 12:05 PM Gold demand declines in Q1 due to ETF outflows
The overall demand for gold declined during the first quarter (Q1) of the year by 23% year-on-year (YoY) to 815.7 tonnes, recent data suggests.
4 January 01:55 PM Eurozone manufacturing growth at fastest pace since May 2018
Mubasher: The eurozone manufacturing sector ended 2020 on a high note, with output growing at its fastest pace in the last three years.
1 October 2020 01:59 PM Eurozone manufacturing sector sees strongest growth in over two years
 The IHS Markit Eurozone Manufacturing PMI recorded 53.7 in September, up from 51.7 in August.
1 September 2020 04:28 PM Eurozone inflation turns negative for first time in four years
Eurozone inflation has fallen into negative territory in August for the first time in four years.
2 February 2020 06:11 PM Global markets may return to fundamentals in 2020 –Emirates NBD
Mubasher: The global economy’s growth rate is expected to be close to its levels in 2019 with low inflation rates, announced Emirates NBD’s Maurice Gravier.
30 January 2020 03:58 PM BOE maintains rates at 0.75%, drops limited and gradual tightening
Mubasher: Bank of England (BOE) has kept its interest rates at 0.75% on Thursday, saying that the policy stance is “appropriate”.
24 January 2020 06:48 PM Fear arises as Brexit impact on power sector still unclear
Mubasher: The UK’s power sector is drowning in uncertainty, as investors anticipating risks and impacts associated with the beginning of the post-Brexit era.
7 January 2020 11:07 AM Uber, Hyundai team up to launch future Uber Air Taxis
Mubasher: The leading ride-hailing company Uber has partnered with Hyundai Motor Company to develop ‘Uber Air Taxis’.
2 January 2020 04:48 PM The 2010s sets foundations for major breakthroughs in technology
Mubasher: The 2010s has witnessed major advance in technologies which offered consumers and businesses a variety of new products and services.