Bitcoin Attempts to Stabilize Around $88,000
The cryptocurrency faces volatility ahead of options expiration.
Asian and Indian Markets: Asia's Indices Continue Gains for the Third Day
Asian markets recorded strong gains for the third consecutive day, driven by expectations of a potential interest rate cut in the U.S. Significant gains were noted in India.
Gold Prices Remain Below 500 Dirhams
Gold prices in the UAE stay stable below 500 dirhams, with 22K at 451 and 24K at 487 dirhams per gram.
UK Budget Announcement: GBP/USD Gains Amid High Anticipation
GBP rises against USD ahead of UK budget announcement, with investors cautious about potential tax measures and spending plans.
Uber Launches Fully Autonomous Rides in Abu Dhabi
Uber and WeRide partnership moves to full operation without a backup driver.
PIF Scores $253M Windfall from Hot Mecca Property Play as Saudi Stocks Lag
PIF gains $253M from selling 1.5% of Umm Al Qura shares as tourism investments thrive, despite a lagging stock market.
US Shutdown's Ripple Effect: Statistics Canada Hits Pause on Key Trade Data Again
The US shutdown delays Canada's trade data release, impacting economic reporting and trade flows amid ongoing congressional disputes.
JPMorgan Forecasts Dollar Weakness in 2026 Amid Fed Easing, But Hike Bets Pose Risks
JPMorgan predicts a weaker dollar in 2026 due to Fed easing, but warns of risks from potential interest rate hikes.
Nasdaq Surges 2.7% on Mounting Fed Rate Cut Hopes Amid Labor Market Concerns
Nasdaq jumps 2.7% on Fed rate cut hopes amid labor market concerns; 85% chance of cut in December, boosting tech stocks.
Meta Eyes Google’s TPUs in Multi-Billion Dollar Shift Away From Nvidia
Meta is in talks with Google to rent TPUs, shifting from Nvidia, aiming to diversify AI hardware suppliers by 2027.
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