US July payrolls seen rising 80,000 after 57,000 gain in June* Money markets show traders split on whether Fed will raise rates next month* Brent falls as investors shrug off tensions, focus on Hormuz deal Global stocks headed for their strongest weekly gain since May on Friday, ahead of major US jobs data, as investor […]
Global stocks extended gains on Friday after a lukewarm US jobs report softened expectations for an imminent rate hike from the Federal Reserve and regional activity gauges pointed to an economic expansion during June. Europe’s broadest index hit a record high and was set for its biggest weekly gain in over a month. The pan-European […]
MUSCAT: The financial sector continued to underpin trading on the Muscat Stock Exchange (MSX), with the sector index extending its gains for a third consecutive week as investors increased positions in banking, insurance and investment stocks. The financial sector index rose by 98 points last week, building on gains of nearly 300 points recorded over […]
