Financial markets news
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Goldman Sachs Chairman: Bitcoin Is Not a Threat to the U.S. Dollar
In a statement during an interview with CNBC on January 22, David Solomon, Chairman of Goldman Sachs, confirmed that Bitcoin (BTC) is not a threat to the U.S. dollar, the main currency. He added that he..
Thursday 23 January 2025 02:42pm | Source: ArabicTrader -
The Turkish Central Bank lowers the interest rate by 250 basis points.
The Turkish central bank decided on Thursday to reduce interest rates by 250 basis points from 47.5% to 45%, which was largely in line with market expectations. The Turkish central bank stated that its..
Thursday 23 January 2025 02:26pm | Source: ArabicTrader -
Flynas Prepares for IPO: A Strategic Move to Expand Market Presence
Flynas, backed by Kingdom Holding, is gearing up to offer 30% of its shares for public subscription in the Saudi stock market this year, following the postponement of its 2024 listing plans. The anticipated..
Thursday 23 January 2025 02:19pm | Source: ArabicTrader -
Urgent.. Retail sales data in Canada is negative and lower than market expectations.
Data released by Statistics Canada on Thursday indicated a negative performance of retail sales data in Canada for the month of December, as retail sales contracted by 0.7% on a monthly basis, which was..
Thursday 23 January 2025 01:52pm | Source: ArabicTrader -
Tesla intends to raise the prices of its cars in Canada by this date!
A Canadian website specialized in browsing available vehicles for purchase reported that the giant car manufacturer Tesla Inc is set to significantly raise the prices of its cars in Canada starting from..
Thursday 23 January 2025 01:50pm | Source: ArabicTrader -
Trump’s Anticipated Executive Order on Bitcoin: A New Era for U.S. Cryptocurrency..
The cryptocurrency market is abuzz with anticipation as U.S. President Donald Trump is expected to unveil a significant executive order related to Bitcoin and digital currencies in the coming days. This..
Thursday 23 January 2025 01:06pm | Source: ArabicTrader -
Bitwise Seeks Approval for First Dogecoin ETF Amid Growing Market Interest
Bitwise Asset Management, a leading cryptocurrency asset management firm, has officially submitted a request to the Delaware Department of State to register the first-ever Dogecoin exchange-traded fund..
Thursday 23 January 2025 12:08pm | Source: ArabicTrader -
The performance of U.S. stock index futures varied ahead of the opening.
The performance of U.S. stock index futures varied ahead of Thursday's session, with anticipation for the release of last week's unemployment claims data and President Donald Trump's speech at the World..
Thursday 23 January 2025 11:46am | Source: ArabicTrader -
The European Union may allow Britain to join the duty-free trade area.
The European Commissioner for Trade and Economic Security, Maros Sefcovic, stated during a media interview with BBC on Thursday morning that the European Union may consider allowing the United Kingdom..
Thursday 23 January 2025 11:17am | Source: ArabicTrader -
Will it happen? Larry Fink predicts Bitcoin will rise to $700,000!
Larry Fink, the CEO of BlackRock, recently predicted that the value of Bitcoin could reach $700,000 per coin. This forecast is based on growing concerns about the decline of fiat currencies and global..
Thursday 23 January 2025 10:59am | Source: ArabicTrader -
Gold rebounds from its highest levels since the end of October, awaiting Trump's..
Gold prices decreased slightly during trading on Thursday, pulling back from their highest levels since October 31, nearly three months ago, amid anticipation from investors for a speech by U.S. President..
Thursday 23 January 2025 09:48am | Source: ArabicTrader -
Duraya Financial Announces 20% Share Offering for IPO on Tadawul Market
Duraya Financial, a prominent digital investment platform based in Saudi Arabia, has revealed plans to offer 20% of its shares for an initial public offering (IPO) on the Tadawul main market. This strategic..
Thursday 23 January 2025 09:26am | Source: ArabicTrader -
European stocks opened the session stable amid anticipation of purchasing managers'..
European stock indices opened stable on Thursday, as the major indices showed little change with investors awaiting a speech from U.S. President Donald Trump at the World Economic Forum later in the day,..
Thursday 23 January 2025 09:15am | Source: ArabicTrader -
The Chinese Ministry of Commerce urges the United States to strengthen trade..
The Chinese Ministry of Commerce called on the U.S. administration, in a press release issued Thursday morning, to work on strengthening trade relations between the two countries, emphasizing that it is..
Thursday 23 January 2025 08:59am | Source: ArabicTrader -
Saudi Arabia aims to boost its investments in the United States by $600 billion.
A report published on Wednesday stated that Saudi Crown Prince Mohammed bin Salman discussed the expansion of Saudi commercial investments during a phone call with U.S. President Donald Trump. According..
Thursday 23 January 2025 06:35am | Source: ArabicTrader