We use cookies to store, access and process personal data to give you the best online experience. By clicking Accept Cookies you consent to storing all cookies and ensure best website performance. You can modify cookie preferences or withdraw consent by clicking Cookie Settings. To find out more about cookies and purposes, read our Privacy Notice.

Cookies settings

Cookie Control

What are cookies?

Cookies are small text files that enable us, and our service provides to uniquely identify your browser or device. Cookies normally work by assigning a unique number to your device and are stored on your browser by the websites that you visit as well as third-party service providers for those website. By the term cookies other technologies as SDKs, pixels and local storage are to be considered.

If Enabled

We may recognize you as a customer which enables customized services, content and advertising, services effectiveness and device recognition for enhanced security
We may improve your experience based on your previous session
We can keep track of your preferences and personalize services
We can improve the performance of Website.

If Disabled

We won't be able to remember your previous sessions, that won't allow us to tailor the website according to your preferences
Some features might not be available and user experience reduced without cookies

Strictly necessary means that essential functions of the Website can not be provided without using them. Because these cookies are essential for the properly working and secure of Website features and services, you cannot opt-out of using these technologies. You can still block them within your browser, but it might cause the disfunction of basic website features.

  • Setting privacy preferences
  • Secure log in
  • Secure connection during the usage of services
  • Filling forms

Analytics and performance tracking technologies to analyze how you use the Website.

  • Most viewed pages
  • Interaction with content
  • Error analysis
  • Testing and Measuring various design effectivity

The Website may use third-party advertising and marketing technologies.

  • Promote our services on other platforms and websites
  • Measure the effectiveness of our campaigns

Apple to Bump App Store Prices in Europe & Asia

The world’s largest company by market capitalization, Apple, announced that it shall raise the prices of apps and in-app purchases on its flagship App Store starting October in the whole euro zone and some nations in South America and Asia.

The move comes after rising inflation, interest rates and energy prices, as well as new regulations with regards to tax collected from consumers. The new prices will be effective on as early as October 5th of this year.


Inflation in Japan has hit 8-year highs in August to 2.8%, exceeding the central bank’s target of 2% amid raw material pricing pressures and a hampered yen. The Bank of Japan (BOJ) is set to meet on Thursday, which will give investors, traders and analysts with insights regarding the central bank’s stance and its next move.

Minutes of the most recent Reserve Bank of Australia (RBA) meeting revealed that Australia is likely to hike interest rates again in efforts to cool-down the Aussie economy from red-hot inflation, yet slowing the pace of hikes is on the table should the economy settle down.


The U.S. dollar remained solid on Tuesday, holding on to its gains as investors & traders brace for the impact of interest rate hikes to be initiated by the Federal Reserve to combat inflationary pressures. The dollar index, which tracks the greenback against other major currencies, inched 0.02% to 109.483.


The price of gold edged lower on Tuesday’s trading session, remaining below the $1,670 level as market participants are eagerly awaiting the upcoming Federal Reserve meeting which will shed light on further policy tightening. The bullion fell 0.38% to $1,669 per ounce.


Oil prices remained somewhat stable on Tuesday’s trading session as the anticipated interest rate hike from the Federal Reserve is expected boost crude & fuel demand in the United States. Brent futures edged 0.17% higher to $92.15 a barrel, while WTI crude futures inched 0.08% lower to $85.27 per barrel.


USA: S&P500 +0.69%, Dow Jones Industrial Average +0.64%, Nasdaq Composite +0.77%

Europe: FTSE 100 -0.04%, DAX -0.56%, CAC 40 -0.69%

Asia: Nikkei 225 +0.44%, Hang Seng +1.16%, CSI 300 +0.12%, Nifty 50 +1.10%


Apple Shall Manufacture iPhone 14 in India

Apple announced on Monday that it will manufacture the iPhone 14 in India, as the tech giant shifts some of its manufacturing away from the dominant China.

At an event earlier this month, the tech tycoon unveiled the newest iPhone 14, emphasizing safety improvements over exciting new technical features—with the exception of a new watch designed with adventure in mind.

"The new iPhone 14 lineup introduces groundbreaking new technologies and important safety capabilities. We're excited to be manufacturing iPhone 14 in India," Apple (NASDAQ:AAPL) said in a statement.

Instacart Cuts Staff & Hiring Before IPO

Grocery delivery app Instacart has been letting go of staff, slowing hiring and slashing other expenses as it heads toward a public listing, as reported by The Information reported on Saturday.

Instacart disclosed in May that it had secretly filed with the U.S. Securities and Exchange Commission to go public, a short time after cutting its valuation by 40% to just under $24 billion due to market instability.

Risk Warning: Trading in leverage products carries a high level of risk and may not be suitable for all investors. Past performance of an investment is no guide to its performance in the future. Investments, or income from them, can go down as well as up. You may not necessarily get back the amount you invested. All opinions, news, analysis, prices or other information contained on this website are provided as general market commentary and does not constitute investment advice, nor a solicitation or recommendation to buy or sell any financial instruments or other financial products or services.

Legal: GULF BROKERS DMCC is a limited liability company incorporated and licensed under the laws of the Dubai Multi Commodities Centre (“DMCC”)to carry out certain categories of financial investment business as permitted under Licence No. DMCC- 30636, broker member of the Dubai Gold & Commodities Exchange (“DGCX”) under Member No 554 and regulated broker by the Securities & Commodities Authority (“SCA”) Licence No. 607110.

GULF BROKERS DMCC does not offer its services to the residents of certain jurisdictions such as: Afghanistan, Cuba, Crimea, Israel, Sudan, North Korea, Ethiopia, Iran, Bosna and Herzegovina, Iraq, Lao Peoples Democratic Republic, Syria, Uganda, Vanuatu, Yemen and EU residents.

Manage Cookies

© 2017 - 2022 GULF BROKERS