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

Pfizer to buy stake in French vaccines Firm Valneva

US Health giant Pfizer has agreed to invest 90.5 million euros ($95.24 million) to buy an 8.1% percent stake in French vaccines company, as the companies announced developments in their collaboration to combat Lyme disease.

By means of a restricted capital increase, Pfizer will pay 9.49 euros per share for the holding in Valneva, which is also developing a COVID-19 vaccine.

In order to finance its Phase 3 development contribution to the Lyme disease program, Valneva will use the proceeds from Pfizer's equity investment.


Analysts believe that the risk of inflation becoming entrenched in Canada's economy is growing as rising prices for gas and other highly visible & essential consumer items undermine the Bank of Canada's efforts to keep price increases in check. When inflation becomes embedded in an economy, it becomes more difficult to control without triggering an economic slowdown or even a recession.

Cleveland Federal Reserve Bank President Loretta Mester said it will take two years for inflation to fall to the central bank's 2% target, adding that it will be "moving down" gradually from the current level. A surge in inflation, which is at its highest level in 40 years, has turned nearly all Fed policymakers into hawks, with only one dissenting earlier this week against the central bank's largest rate increase in more than a quarter-century.


The dollar fell on Monday morning as the economic outlook remained uncertain. The dollar index, which tracks the greenback against a basket of other currencies, dropped 0.32% to 104.150.


The value of gold has risen in Monday's early hours as the U.S. dollar fell, ahead of a US holiday. Gold futures were up 0.06% in value to price at $1,841 per ounce. U.S. markets are closed on Monday for a holiday.


Oil prices mixed on Monday, reversing earlier gains as fears about slowing global economic growth and fuel consumption outnumbered those about limiting supplies. Brent futures inched 0.12% lower to $113.00 per barrel, while WTI futures increased by 0.21% to $108.19 a barrel.


USA: S&P500 +0.22%, Dow Jones Industrial Average -0.13%, Nasdaq Composite +1.24%

Europe: FTSE 100 +0.98%, DAX +0.27%, CAC 40 +0.22%

Asia: Nikkei 225 -0.74%, Hang Seng +0.42%, CSI 300 +0.50%, Nifty 50 +0.37%


Tim Cook makes the most direct indication yet that Apple is creating a headset.

Tim Cook, the CEO of Apple, has provided the closest thing to a confirmation that the company is developing a headset.

In a recent interview with China Daily USA, Cook was questioned about what, in his opinion, are the essential elements for augmented reality, or AR, to be successful in the consumer market.

“I am incredibly excited about AR as you might know. And the critical thing to any technology, including AR, is putting humanity at the center of it,” he said, echoing comments he’s made in the past about how important AR is to the company.

Meta and others tech titans create the metaverse standard body

Meta, Microsoft, and other tech titans racing to build the emerging metaverse concept have formed a group to encourage the development of industry standards that will make the companies' nascent digital worlds compatible with one another.

The World Wide Web Consortium (W3C), as well as other well-known standards-setting organizations, are among the participants in the Metaverse Standards Forum, according to a statement released by the group on Tuesday announcing its formation.

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