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August 29, 2025

Oil Prices Dip but Head for Weekly Gains

Doha: Oil prices retreated on Friday but remained on course for weekly gains, as markets weighed expectations of slowing demand in the United States, the world’s largest oil consumer, with the end of the summer driving season, alongside continued unce…

Gold Nears One-Month High as Dollar Weakens

Gold: Gold prices hovered near their highest level in more than a month on Friday, supported by a weaker dollar and rising expectations of a US Federal Reserve interest rate cut in September, which boosted demand for bullion. Spot gold was steady at $…

European Equities Edge Lower Ahead of Eurozone, US Data

Doha: European stocks edged lower on Friday as investors awaited key eurozone indicators and a US inflation report for signals on the timing of potential US interest rate cuts. The pan-European STOXX 600 index slipped 0.2% to 552.41 points, putting it…

Japanese Stocks Close Lower Amid Stronger Yen and Profit-Taking

Tokyo: Japanese stock indexes closed lower today, pressured by profit-taking on the final trading day of August following this month’s gains, as well as by a stronger yen and weak economic data. The Nikkei index fell 0.26 percent to finish at 42,718.4…