By Joseph Dahrieh, Managing Director at Tickmill Gold recovered on Wednesday, climbing back above USD 5,200 per ounce after two sessions of losses. Investors remained focused on the evolving geopolitical landscape, which continues to reinforce gold’s appeal. Tensions in Eastern Europe and the Middle East could continue to drive investors…
Continue ReadingOil Extends Rally as Strait of Hormuz Disruption and Output Cuts Fuel Supply Concerns
By Christopher Tahir – Senior Market Strategist at Exness Oil prices were higher today, extending a sharp multi-day rally. Escalating geopolitical tensions in the Middle East continue to drive price action. The threats and attacks on tankers caused significant disruptions to shipping traffic in the Strait of Hormuz, including halted…
Continue ReadingThe Euro Could Head Closer to Unity with the Dollar, With Energy and Industrial Crises Ahead
By Samer Hasn, Senior Market Analyst at XS.com EUR / USD moves sideways so far today after plunging to the lowest levels since November after two days of notable declines. The euro might be prone to further severe declines that could bring it closer to parity with the dollar, amid…
Continue ReadingAD Ports Group Confirms Business Continuity Across All Operations Amid Regional Developments
Abu Dhabi, UAE – Mar 4: AD Ports Group (ADX: ADPORTS), a leading global enabler of trade, industry and logistics solutions, confirms that all operations across its clusters continue as normal in light of current regional developments. As a precautionary measure, the Group has activated its crisis management and business…
Continue ReadingNetwork International powers card tokenization for Apple smartphones in Egypt in latest regulatory rollout
CAIRO, Egypt, Mar 4 — Network International (Network) (www.Network.ae), a leading fintech company across the Middle East and Africa, has announced the successful enablement of Apple Pay acceptance by powering card tokenisation for Apple smartphones for four renowned Egyptian banks, as part of the country’s digital transformation initiatives. The successful…
Continue ReadingFlip the Switch. Fuel a Movement. Joel Steele Pledges $1 Million to Charity if Life Switch Reaches One Million Readers
CHERRY HILL, N.J., Mar 4 — Author and entrepreneur Joel Steele is turning personal development into a collective movement. He is pledging to donate $1 million to charity if his Amazon #1 New Release, Life Switch, reaches 1 million copies sold — and readers will help choose the organizations…
Continue ReadingSilver Slides as Dollar Strength and Inflation Fears Reshape Rate Expectations
By Bas Kooijmanis, CEO and Asset Manager of DHF Capital S.A Silver futures tumbled on Tuesday for a second session as a strengthening US dollar and mounting inflation concerns eroded demand for non-yielding assets. The greenback gained traction amid rising tensions in the Middle East. Higher oil and fuel…
Continue ReadingThe Geopolitical Landscape and its Market Impact
By Ahmad Assiri, Research Strategist at Pepperstone Regional developments currently suggest a fait accompli political reality, characterised for now by limited prospects for containing the fragmented escalation across the region. This is particularly evident as tensions intensify in flashpoints such as Southern Lebanon and key Iranian cities. Within the…
Continue ReadingGold Unexpectedly Pulls Back Toward $5,000/oz but Maintains Uptrend Amid Escalating Geopolitical Tensions
By Linh Tran, Market Analyst at XS.com Before recovering to the current price area around $5,150/oz, gold unexpectedly retreated sharply to nearly $5,000/oz after reaching a peak near $5,420/oz, despite escalating military tensions between the United States and Iran. Part of the reason may lie in the fact that…
Continue ReadingAAEON Launches Intelli TWL01 Edge, an Industrial Multimedia PC with Dual 4K Display Support
Featuring dual 4K displays, efficient Intel processing, and flexible mounting options, the Intelli TWL01 Edge marks AAEON UP brand’s entry into the multimedia space. (Taipei, Taiwan – March 4) AAEON’s UP brand (Stock Code: 6579) has announced the release of the Intelli TWL01 Edge, an Industrial Multimedia PC with…
Continue Reading