XAU/USD4,699.34+0.28% BTC/USD77,811-0.76% ETH/USD2,321-0.29% SOL/USD186.34+0.43% EUR/USD1.0934+0.12% GBP/USD1.2641-0.08% USD/JPY153.42+0.22% AVAX/USD9.44+0.35% WTI78.21+1.04% DXY104.18-0.14% SPX5,812+0.31% NDX20,341+0.48% XAU/USD4,699.34+0.28% BTC/USD77,811-0.76% ETH/USD2,321-0.29% SOL/USD186.34+0.43% EUR/USD1.0934+0.12% GBP/USD1.2641-0.08% USD/JPY153.42+0.22% AVAX/USD9.44+0.35% WTI78.21+1.04% DXY104.18-0.14% SPX5,812+0.31% NDX20,341+0.48%
GULF 15H AGO Source: Al-sharq Al-awsat

Regional War Weighs on Output, New Business Growth in UAE

The UAE's non-oil private sector expanded only modestly in May as war in the region and the effective closure of the Strait of Hormuz weighed on output and new business growth, a business survey showed on Wednesday. The seasonally adjusted S&P Global UAE Purchasing Managers' Index rose to 52.6 in May from 52.1 in April, remaining above the 50 mark separating growth from contraction.

Regional War Weighs on Output, New Business Growth in UAE
The UAE's non-oil private sector expanded only modestly in May as war in the region and the effective closure of the Strait of Hormuz weighed on output and new business growth, a business survey showed on Wednesday. The seasonally adjusted S&P Global UAE Purchasing Managers' Index rose to 52.6 in May from 52.1 in April, remaining above the 50 mark separating growth from contraction.
All news → Forex news Crypto news Economic calendar