Qatar's (Aa2 stable) robust balance sheet and vast hydrocarbon reserves underpin the sovereign's credit profile, according to Moody's Investors Service. The rating agency notes that under a downside scenario a prolonged period
By Jameel Ahmad, Chief Market Analyst at FXTM The increasingly positive outlook for higher US interest rates next year led to metals coming under heavy fire on Monday. Gold dropped to its
By Jameel Ahmad, Chief Market Analyst at FXTM After the Federal Reserve calmed down investor sentiment by reassuring traders it still has every intention to begin raising interest US interest rates next
By Jameel Ahmad, Chief Market Analyst at FXTM The Renminbi weakened overnight against the US Dollar to 6.2295, a level not seen in the past six months, with ongoing concerns that China’s
Fastest connection to ski resorts in Germany, Austria and Switzerland Lufthansa customers will be able to reach the ski slopes even faster this winter. A new helicopter service from Munich will commence
EU leaders have approved an ambitious plan that will see some €315 bln pumped into the European Union, to prop up employment initiatives and revive investments that in turn will make the
The Ifo Institut announced its Business Climate Index for industry and trade in Germany which it said rose to 105.5 points in December from 104.7 last month. Positive assessments of the current
By Jameel Ahmad, Chief Market Analyst for FXTM The doctor seems to have prescribed an extreme dose of volatility to the financial markets, with no signs of this easing as we head
Moody's Investors Service has downgraded to B2 the long-term deposit ratings of three Lebanese banks: Bank Audi S.A.L., BLOM Bank S.A.L. and Byblos Bank S.A.L., following Tuesday’s the downgrade of Lebanon's government
By Jameel Ahmad Chief Market Analyst, FXTM After breaking through a bearish trendline at the beginning of last week, Gold benefited from some USD profit-taking and managed to climb its way back
