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

Meta Platforms Sees Early Positive Signs

The price target for Meta Platforms was raised by Morgan Stanley analysts on Wednesday from $100 to $130 per share.

In the extensive research paper, they advised investors that bigger platforms like Meta should be given preference due to the growing significance of AI investment and potential short- and long-term effects on engagement and monetization.

Meta stock (NASDAQ:META) dropped 1.73% in value on Wednesday’s trading session amid market-wide stock selloffs to the current price of $133 apiece, currently surpassing Morgan Stanley’s projection.


On Thursday, employees in France will strike in an effort to stop a proposed pension reform that would raise the retirement age by two years to 64. Trains will be disrupted, schools will be closed, and businesses will be shut down. The national day of strikes and protests will put President Emmanuel Macron and the unions to the test. According to opinion polls, the majority of French citizens oppose the reform that the government claims is necessary to prevent the pension system from collapsing.

Argentina will buy back over $1 billion in foreign bonds to improve its debt profile, Economy Minister Sergio Massa announced on Wednesday, hoping to send a positive signal to markets despite low reserves levels. The program is scheduled to begin immediately as the nation looks to take advantage of what the minister called a "window of opportunity," and it will concentrate on dollar-denominated sovereign notes maturing in 2029 and 2030.


The U.S. dollar lost stability while the yen recovered as speculators increased their bets that the Bank of Japan (BoJ) would abandon its yield curve control policy. The dollar index which measures the value of the dollar greenback against a basket of six other currencies fell by 0.09% to 102.002.


Gold prices slightly recovered on Thursday morning from a two-day decline amid growing uncertainty over a potential recession and the direction of U.S. monetary policy, while the price of copper remained stable amid rising hopes for a Chinese economic recovery. Gold futures rose by 0.30% to $1,912 per ounce.


Oil futures fell nearly $1 on Thursday’s early trading session, extending losses from the previous day as a surprise increase in U.S. crude stocks weighed on the market, exacerbated by disappointing U.S. retail sales and output data. Brent crude futures dropped by 0.96% to $84.19 a barrel, while the West Texas Intermediate plunged by 1.22% to $78.91 a barrel.


USA: S&P500 -1.56%, Dow Jones Industrial Average -1.81%, Nasdaq Composite -1.27%

Europe: FTSE 100 -0.36%, DAX -0.45%, CAC 40 -0.44%

Asia: Nikkei 225 -1.44%, Hang Seng -0.11%, CSI 300 +0.62%, Nifty 50 -0.24%


Intel "Historic Collapse" Slashes $8 billion in Market Value

About $8 billion of Intel’s market value was lost on Friday as a result of the American chipmaker's gloomy earnings forecasts, which stoked concerns about a downturn in the personal computer market.

The business also struggled with slowing growth in the data center industry, which contributed to its first-quarter surprise loss forecast and $3 billion below-estimated revenue forecast.

Morgan Stanley Fines Employees For Messaging Breaches

Morgan Stanley has fined employees who use messaging apps like WhatsApp and others for work-related communications, the Financial Times reported on Thursday. The fines, which ranged from a few thousand dollars to over $1 million per employee, were established by taking into account various elements, including the quantity of messages sent, seniority, and whether or not they had previously been warned.

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 - 2023 GULF BROKERS