Latest news with #marketstability
Yahoo
11-07-2025
- Business
- Yahoo
US Treasuries Volatility Gauge Falls to More Than Three-Year Low
(Bloomberg) -- A gauge of volatility in US Treasuries fell to its lowest level in nearly three-and-a-half years, adding to evidence the market is stabilizing after months of turmoil. Singer Akon's Failed Futuristic City in Senegal Ends Up a $1 Billion Resort Why Did Cars Get So Hard to See Out Of? Are Tourists Ruining Europe? How Locals Are Pushing Back Can Americans Just Stop Building New Highways? How German Cities Are Rethinking Women's Safety — With Taxis The ICE BofA MOVE Index, a measure of expected fluctuations in yields, closed at its lowest level since early 2022 on Thursday. In another sign of optimism, auctions this week for US 10-year and 30-year government bonds received ample demand. Government bonds have seen bouts of volatility this year in response to President Donald Trump's tariff threats and concerns over increased fiscal spending. Those headwinds haven't entirely gone away though, and 10-year yields rose on Friday, putting the bonds on track to fall for a second consecutive week. Thursday's auction of 30-year Treasuries was 'well received, easing some concern,' Mohit Kumar, the chief European strategist at Jefferies International, wrote in a note. He added that he's still 'staying away from the long end' in the US, Europe and the UK given fiscal concerns. Later on Friday, the US government will release its budget balance for June, and send out its primary dealer questionnaire to companies. Investors will be looking for 'clues' in the latter that the Treasury could be considering shifts in its debt management strategy, a team of strategists at JP Morgan Chase & Co. led by Jay Barry said. European government bonds are following Treasuries lower after they started the day fairly steady. In the UK, gilts showed little reaction to the economy's surprise contraction in May, as GDP figures illustrated how tariffs had weighed on production activity. Meanwhile, French 30-year yields rose to the highest since 2011. Concerns about the inflationary impacts of President Donald Trump's threatened tariff hikes may also weigh on Treasuries today, even after Federal Reserve rate-setter Mary Daly reiterated on Thursday that she expects to see two interest rate cuts this year. Chicago Fed President Austan Goolsbee is due to speak later. --With assistance from Alice Gledhill. (Updates prices in third paragraph) Trump's Cuts Are Making Federal Data Disappear Will Trade War Make South India the Next Manufacturing Hub? 'Our Goal Is to Get Their Money': Inside a Firm Charged With Scamming Writers for Millions 'Telecom Is the New Tequila': Behind the Celebrity Wireless Boom Soccer Players Are Being Seriously Overworked ©2025 Bloomberg L.P. Sign in to access your portfolio


Bloomberg
11-07-2025
- Business
- Bloomberg
US Treasuries Volatility Gauge Falls to More Than Three-Year Low
A gauge of volatility in US Treasuries fell to its lowest level in nearly three-and-a-half years, adding to evidence the market is stabilizing after months of turmoil. The ICE BofA MOVE Index, a measure of expected fluctuations in yields, closed at its lowest level since early 2022 on Thursday. In another sign of optimism, auctions this week for US 10-year and 30-year government bonds received ample demand.


The National
09-07-2025
- Business
- The National
Oil markets are absorbing extra barrels from Opec+, UAE energy minister says
Oil markets are absorbing Opec+ production increases and there has been no major build-up in inventories, which indicates higher demand in global markets, Suhail Al Mazrouei, Minister of Energy and Infrastructure said on Wednesday. Opec+, which has been curtailing production for several years, reversed its course in April and started boosting production amid plans to regain some market share. The group will boost production by 548,000 barrels per day for August, it said last week, after increasing output by 411,000 barrels per day for each of May, June and July. The group also approved an increase of 138,000 barrels per day in April. "You can see that even with the increases for several months, we haven't seen a major build-up in inventories, which means the market needed those barrels," Reuters reported on Wednesday, citing Mr Al Mazrouei speaking in Vienna. "What we want is stability and you cannot be short-sighted just by looking at the price. We need the price to be right for investments to happen," he said, adding that countries with big oil reserves were still not investing enough. The comments come as oil markets remained volatile this year amid US President Donald Trump's tariff plans and the Israel-Iran conflict. Oil prices started the year strongly. The closing price of Brent, the benchmark for two-thirds of the world's oil, peaked at more than $82 a barrel on January 15, while West Texas Intermediate, the gauge that tracks US crude, hit almost $79 per barrel on that day. However, demand concerns, a slowing global economy and less-than-stellar growth in China, the world's biggest crude importer, have weighed on crude prices this year. Mr Trump's push to impose hefty tariffs on trade partners has been the biggest driver of declining oil prices. Brent and WTI surged as much as 13 per cent after the conflict broke out between Iran and Israel on June 13 on supply-related disruption concerns. However, prices declined in subsequent days as the geopolitical premium faded and markets focused on fundamentals instead. Bob McNally, president of Rapidan Energy, told The National in Vienna that "Opec+ have a robust view of demand growth". "If we look out the window, the oil market is tight. Cushing [a key US trading and storage centre] is empty, diesel inventories in the United States are very low." However, he said "macro deterioration" is the biggest risk to oil prices in the second half of this year. "Demand for oil started off in the first quarter at 1.1 million barrels a day, but it hit the skids and slowed down in the second quarter, especially in China, with almost no demand growth,' Mr McNally said. 'The question is whether it's a one-time blip or will China recover? A lot of that depends on these trade talks, on this uncertainty with regard to interest rates and so forth." Apparent oil demand – an indicator of consumption trends – in China has been running nearly 3 per cent lower year on year for the first five months of 2025, despite economic momentum stabilising in the country, Dubai lender Emirates NBD said last week. The Federal Reserve last month held its target range for interest rates between 4.25 per cent and 4.50 per cent – the fourth consecutive time it has left rates unchanged.


Reuters
09-07-2025
- Business
- Reuters
UAE says oil markets are absorbing more barrels without stocks rising
VIENNA, July 9 (Reuters) - Oil markets are absorbing OPEC+ production increases without building inventories, which means they are thirsty for more oil, United Arab Emirates' Energy Minister Suhail al-Mazrouei said on Wednesday. OPEC+, which pumps about half of the world's oil, has been curtailing production for several years to support the market. But it has reversed course this year to regain market share and as U.S. President Donald Trump demanded the group pump more to help keep gasoline prices lower. OPEC+ began to unwind cuts of 2.17 million barrels per day in April with a boost of 138,000 bpd. Hikes of 411,000 bpd followed each month in May, June and July. On Saturday, the group approved a 548,000 bpd jump for August. Mazrouei said he was not worried about supply overhang even after the latest production rises. "You can see that even with the increases for several months we haven't seen a major buildup in inventories, which means the market needed those barrels," he said. "What we want is stability and you cannot be short-sighted just by looking at the price. We need the price to be right for investments to happen," he said, adding that countries with big oil reserves were still not investing enough.
Yahoo
09-07-2025
- Business
- Yahoo
Top Middle Eastern Dividend Stocks To Watch In July 2025
The Middle Eastern stock markets have recently experienced mixed performance amid uncertainties surrounding U.S. trade policies, with Gulf equities showing cautious investor sentiment due to potential tariff impacts. In this environment, dividend stocks can offer a measure of stability and income potential, making them an attractive option for investors looking to navigate the current market landscape. Name Dividend Yield Dividend Rating Saudi Telecom (SASE:7010) 9.82% ★★★★★☆ Saudi National Bank (SASE:1180) 5.41% ★★★★★☆ Saudi Awwal Bank (SASE:1060) 5.83% ★★★★★☆ Riyad Bank (SASE:1010) 6.23% ★★★★★☆ National Bank of Ras Al-Khaimah (P.S.C.) (ADX:RAKBANK) 6.95% ★★★★★☆ Emirates NBD Bank PJSC (DFM:EMIRATESNBD) 4.09% ★★★★★☆ Emaar Properties PJSC (DFM:EMAAR) 7.17% ★★★★★☆ Commercial Bank of Dubai PSC (DFM:CBD) 5.55% ★★★★★☆ Arab National Bank (SASE:1080) 5.93% ★★★★★☆ Anadolu Hayat Emeklilik Anonim Sirketi (IBSE:ANHYT) 7.64% ★★★★★☆ Click here to see the full list of 75 stocks from our Top Middle Eastern Dividend Stocks screener. Below we spotlight a couple of our favorites from our exclusive screener. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Emirates Insurance Company P.J.S.C. operates in the general insurance and reinsurance sectors across the United Arab Emirates, the United States, and Europe, with a market cap of AED1.10 billion. Operations: Emirates Insurance Company P.J.S.C. generates its revenue primarily from underwriting activities amounting to AED2.31 billion and investments totaling AED82.53 million. Dividend Yield: 6.8% Emirates Insurance Company P.J.S.C. recently approved a reduced cash dividend of 50 Fils per share (AED 75 million) for FY2024, highlighting challenges in sustaining payouts amid declining net income. Despite a high dividend yield of 6.85%, which ranks among the top in the AE market, dividends are not well-covered by free cash flow and have been unreliable over the past decade. The company's payout ratio remains reasonable at 72.3% based on earnings, but volatility in share price and earnings raises concerns about future stability. Take a closer look at Emirates Insurance Company P.J.S.C's potential here in our dividend report. In light of our recent valuation report, it seems possible that Emirates Insurance Company P.J.S.C is trading beyond its estimated value. Simply Wall St Dividend Rating: ★★★★★☆ Overview: Commercial Bank of Dubai PSC offers commercial and retail banking services in the United Arab Emirates, with a market cap of AED27.31 billion. Operations: Commercial Bank of Dubai PSC's revenue is primarily derived from Personal Banking (AED1.97 billion), Corporate Banking (AED1.33 billion), and Institutional Banking (AED1.34 billion) segments in the United Arab Emirates. Dividend Yield: 5.5% Commercial Bank of Dubai PSC offers a stable dividend profile, with dividends consistently covered by earnings at a payout ratio of 50.1%, forecasted to improve to 40.3% in three years. The bank's earnings grew by AED 0.05 per share year-on-year, supporting its reliable dividend history over the past decade. Despite a lower-than-top-tier yield of 5.55%, its valuation is attractive with a P/E ratio below the market average, though high bad loans remain a concern. Click here and access our complete dividend analysis report to understand the dynamics of Commercial Bank of Dubai PSC. Insights from our recent valuation report point to the potential overvaluation of Commercial Bank of Dubai PSC shares in the market. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Saudi Networkers Services Company operates in the implementation, establishment, maintenance, operation, installation, and management of telecommunication networks in Saudi Arabia and Algeria with a market cap of SAR420 million. Operations: Saudi Networkers Services Company's revenue primarily comes from its Computer Services segment, which generated SAR571.06 million. Dividend Yield: 6.2% Saudi Networkers Services offers a compelling dividend yield of 6.21%, placing it in the top 25% of Saudi Arabian dividend payers. Although dividends have been paid for only three years, they are well-covered by earnings (payout ratio: 73.2%) and cash flows (cash payout ratio: 47.3%). Recent executive changes, with Ahmad Abu Nehmeh appointed as Acting CEO, may influence future strategic directions but do not immediately impact its current dividend sustainability or value proposition. Get an in-depth perspective on Saudi Networkers Services' performance by reading our dividend report here. The valuation report we've compiled suggests that Saudi Networkers Services' current price could be quite moderate. Access the full spectrum of 75 Top Middle Eastern Dividend Stocks by clicking on this link. Have you diversified into these companies? Leverage the power of Simply Wall St's portfolio to keep a close eye on market movements affecting your investments. Take control of your financial future using Simply Wall St, offering free, in-depth knowledge of international markets to every investor. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ADX:EIC DFM:CBD and SASE:9543. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio