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Market

Stocks rally for second day
Investors’ sentiments improve as Fed’s rate hike fears subside
Dubai stocks stage dramatic rebound
DFM’s 13% rally is its biggest one-day gain ever
Asia gains as US Fed promises patience
Asian markets mostly rallied on Thursday, with investors reversing a recent sell-off spurred by a Wall Street recovery and indications the Federal Reserve will keep rates on hold until mid-2015.
Dubai declares crude oil price for March
The official monthly price of Dubai crude oil is determined in advance, wherein a differential price is set three months in advance (M-3).
Markets fall again as continuing oil slide stokes sell-off in region
The DFM Index closed down 7.27 per cent to 3,083.69 points, a 12-month low, driving the region’s bourses toward the longest losing streak in more than three years.
Oil prices at fresh lows, hit emerging markets
Emerging stocks fell to nine-month lows and developing market dollar bond yield premiums over US Treasuries were at their highest since 2011.
Gold slips 1% as dollar firms ahead of Fed meeting
A sooner-than-expected rise in interest rates could boost the dollar and hurt non-interest-bearing bullion.
Gulf stocks reel as oil prices plunge to new lows
Dubai's benchmark DFM Index slumped 7.6 per cent to 3,321.30 points, ending at its lowest level so far in 2014.
The Federal Reserve’s language lessons
The expectation of lower inflation could prevent the Fed from changing its current stance.
Oil slump hits EU stocks, safe-haven assets sought
Brent crude dropped to a 5-1/2-year low of $62.75 a barrel and was set for a weekly loss of more than eight per cent. Falling oil prices have pushed up volatility across asset classes.
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