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The Saudi stock market rose for a year and a half to a 15-year high, and Morgan Stanley admitted its mistake and resumed its buying rating.
The Saudi stock market has continued to rise over the past 18 months, prompting analysts at Morgan Stanley to admit their mistakes and upgrade their rating on the country's stock market from "underrated" (the equivalent of selling) to "overweight" (the equivalent of buying). "the MSCI Saudi index is one of the best performers in the world this year and one of the best last year," said Morgan Stanley. Our rating has been low since May 2020, and obviously we were wrong this time. " Driven by soaring oil prices and increased retail trading activity, the Saudi Stock Exchange all-share Index (Tadawul All Share ind)
Ticketing-Services Company Tix Corp. Files for Bankruptcy
DJ Ticketing-Services Company Tix Corp. Files for Bankruptcy By Dave Sebastian Ticketing-services provider Tix Corp. said it has filed for bankruptcy after the Covid-19 pandemic led to the clo
Tix Corp and Tix4Tonight LLC Voluntarily File for Chapter 11 Bankruptcy Protection
*DJ Tix Corp and Tix4Tonight LLC Voluntarily File for Chapter 11 Bankruptcy Protection (MORE TO FOLLOW) Dow Jones Newswires August 25, 2021 08:07 ET (12:07 GMT) Copyright (c) 2021 Dow Jones &
Us GDP is far less than expected, but core PCE gold fluctuates by $3 in the short term.
The original title: the United States GDP is far less than expected, but the core PCE is very good. Gold short-term fluctuations of $3 Beijing time on Thursday (July 29) 20:30, the United States announced that the second-quarter GDP is far lower than expected, but the core PCE in the second quarter improved significantly. As of press time, spot gold rose $3 to $1827.19 an ounce before giving up gains, while the dollar index fell 10:00 to 91.934. Specific data show that the initial value of the actual annualized quarterly rate of GDP in the United States in the second quarter was 6.50%, which is 0.1% higher than the previous value, but far less than the expected value of 8.50%. However, the core of the United States in the second quarter is P
EU Ambassador to the United States: EU hopes that the United States will eliminate metal import tariffs by the end of the year
Stavros Lambrinidis, the EU ambassador to the United States, said the EU was trying to get the United States to remove national security tariffs on metal imports by the end of the year. "We will sit down for the next five months until the end of the year-we will try to solve the fundamental problem of overcapacity, and our absolute goal is to eliminate these tariffs," Lambrinidis said in a virtual discussion hosted by the Wilson Center on Monday. "We have to get rid of these tariffs-they hurt a lot of industries." Lambrinidis's comments come as Europe and the United States are trying to improve
OECD: the global economy will grow at its fastest pace in half a century this year
Original title: OECD: this year the global economy will grow at the fastest rate in half a century. Source: Golden Ten data Beijing time 16: 00 on Monday, the OECD released its economic outlook. The group expects the global economy to grow by 5.8 per cent in 2021 (up from 5.6 per cent previously forecast) and 4.3 per cent in 2022 (up from 4 per cent previously forecast). The OECD believes that the global economy has grown at its fastest pace in nearly half a century this year, driven by an aggressive vaccination program and the latest fiscal stimulus package from the US government. But at the same time, the OECD warned that the global economy would be very
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