Month: October 2023

Oil Prices Dip 2%

Oil prices edged down slightly on Tuesday after gaining more than 4% in the previous session as markets weighed the potential for supply disruptions.Brent crude fell 18 cents, or 0.2%, to $87.97 a barrel at 0017 GMT, while US West Texas Intermediate cr…

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China Pumps about $9.3 Billion into Financial System

The People’s Bank of China (the central bank) injected liquidity on Tuesday into the financial system through seven-day reverse repo operations, worth 67 billion Chinese yuan (about $9.3 billion), at an interest rate of 1.8%.The move aims to keep liqui…

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Gold Continues to Rise on Declining Dollar, Bond Yields

Gold prices hit a more than one-week high on Tuesday, a day after posting sharp gains on increased market uncertainty due to the Middle East conflict as dovish remarks from top US Federal Reserve officials weighed on the dollar and bond yields.Spot gol…

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QSE Index Starts Trading in Green Zone

The general index of Qatar Stock Exchange rose 97.61 points, 0.99%, to reach the level of 9,933 points at the beginning of trading on Tuesday compared to yesterday’s closing.The positive performance of QSE general index was supported by a rise in all s…

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