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

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.


Yuri Okina, a member of a significant government panel, added to criticism of the Bank of Japan's policy by stating that the BOJ's determination to maintain borrowing costs at extremely low levels is resulting in a "negative spiral" of yen weakness that highlights the need to modify its yield cap policy. In order to stimulate the economy with extremely low-interest rates, BOJ Governor Haruhiko Kuroda has committed to uphold the bank's 0.25 percent restriction on the yield on 10-year Japanese government bonds (JGBs).

After misjudging inflation and securing itself in rigid forward guidance that prevented it from intervening quickly as prices climbed and Canada's economy started to overheat, the Bank of Canada has come under unusual criticism from opponents. One of the top central banks in the world is suddenly being forced to play catch-up, increasing interest rates more quickly than initially anticipated as Canadian household debt levels reach new highs and soar far above those of other G7 countries.


The US dollar edged higher in early European trade on Thursday, reversing earlier losses as rising recession fears caused Treasury yields to fall. The dollar index, which measures the currency against six key rivals, rose 0.36% to 104.355.


Gold futures traded lower on Thursday morning as investors anticipated aggressive interest rate hikes after US Federal Reserve Chair Jerome Powell stated that the central bank is fully committed to lowering prices. Gold futures dropped 0.32% to $1,832 per ounce.


Oil prices were down on Thursday, as investors are concerned that tightening monetary policy will cause a recession and reduce fuel demand. Brent futures fell 1.90% to $109.62 per barrel, while WTI futures were down by 1.96% to $104.16 a barrel.


USA: S&P500 -0.13%, Dow Jones Industrial Average -0.15%, Nasdaq Composite -0.16%

Europe: FTSE 100 -0.32%, DAX -1.17%, CAC 40 -0.45%

Asia: Nikkei 225 +0.08%, Hang Seng +1.26%, CSI 300 +1.72%, Nifty 50 +0.91%


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.

Honda China begins Guangdong EV plant project

Honda Motor Co Ltd and Guangzhou Automobile Group Co. have made an initial investment of $3.49 billion yuan ($522 million) in the construction of an electric vehicle factory in the province of Guangdong.

The Japanese manufacturer stated in a statement that it planned to open the factory in 2024. A total of 120,000 units can be produced at the new factory per year.

In China, where competition for battery-powered vehicles is intensifying, the specialized EV plant will assist Honda's "core operation" of EV manufacture.

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