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Doha: The Public Bus Infrastructure Programme of the Ministry of Transport (MoT) will achieve integration between public transit systems. Public B...
Buy (almost) everything is back April 6, 2021SharePrint Stock markets rise, US dollar dips In a flashback to the future, US markets fully returned to work overnight and partied like it was 2020. Stock markets powered higher; the US dollar fell at the expense of risk-correlated currencies, US yields eased slightly, and industrial metals rose. Gold and cryptos both had positive days with only oil suffering, which we will discuss later. There seems to have been a delayed reaction to Friday’s impressive Non-Farm Payrolls. The whole buy everything process being given another sugar rush by the US...
Oil rebounds, gold eyes FOMC minutes Posted 6 hours agoSharePrint Oil rebounds on weaker dollar, strong data Oil prices are rebounding firmly, paring steep losses from the previous session thanks to a weaker US dollar and rising optimism surrounding the global economic recovery. Strong data from China overnight is supporting oil’s move higher. Caixin service sector PMI data revealed that activity in China’s services expanded at the fastest pace in three months in March, and optimism within companies surged to a 10-year peak. The Caixin services PMI came in at 54.3 in March, ahead of the 5...
Asia steps cautiously into the new week April 5, 2021SharePrint Asian equities muted in holiday trade Asia is treading cautiously this morning despite the blowout US Non-Farm Payrolls data on Friday pushing Wall Street to an impressive finish. Greater China, Australia, Europe and Canada, to name but a few, are on holiday today, and volumes are likely to be muted as a result. Friday’s session was notable for what did not happen, then what did. The US Non-Farm Payrolls rose by 916,000 jobs, far higher than expected and broad-based across sectors. Going forward, we can expect one million-plus ...
Park and Ride facilities in Lusail and Education City to open soon 08 Mar 2021 - 9:14 Minister of Transport and Communications H E Jassim Saif Ahmed Al Sulaiti during a tour of the projects of the Public Bus Infrastructure Programme. The Peninsula Doha: Minister of Transport and Communications H E Jassim Saif Ahmed Al Sulaiti yesterday conducted an inspection tour of the ongoing projects of the Public Bus Infrastructure Programme that MoTC is carrying out in collaboration with Public Works Authority (Ashghal). The Minister inspected work progress on the programme’s fifth package in whi...